MIND Stock — Mind Technology Inc

Mind Technology Inc (MIND)

Updated October 16, 2026.

MIND is a Stock. Total return is -85.4% over the past 31.8 years, 2878.4 points behind SPY at 2793.0%.

MIND Technology designs and manufactures specialized equipment for marine seismic surveying, oceanographic research, and hydrographic applications, including seismic source control systems, positioning equipment, and towed streamer systems, serving customers globally from its headquarters in Texas. The company does not currently distribute to shareholders. MIND Technology appeals to investors seeking exposure to the offshore energy and marine research equipment sector rather than those focused on dividend income.

MIND performance versus SPY

Price and return data through 2026-10-16.

Total return is -85.4% over the past 31.8 years, 2878.4 points behind SPY at 2793.0%. Over the past year its total return — price change plus distributions reinvested — is -54.2%. Its deepest 1-year drawdown was 72.8%.

MIND key facts

Asset type

Stock

Asset class

Equity

Inception date

12/19/1994

Distribution frequency

None

Last close

$4.31 (as of 2026-10-16)

Market cap

$39,173,827

Average volume

70387.0

Ex-dividend date

10/12/2018

Payment date

10/31/2018

Beta

0.333

Payout ratio

0.0%

Forward P/E

105.2632

EPS

$-0.27

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

MIND risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 72.8%.

Who may consider MIND — and who may not

It is a weaker fit for investors who need monthly cash flow (MIND does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on MIND

• All tickers starting with M

Tagged: Technology.

Frequently asked questions