Frequently Asked Questions (FAQs)
Q: Where is MIND’s stock traded?
A: The Company’s stock is traded on the NASDAQ Global Market under the symbol
MNDO
Q: What is MIND’s dividend policy?
A: Subject to specific board approval and applicable law, the Company declares a dividend distribution once per year, in the amount being equal to its EBITDA plus financial income (expenses) minus taxes on income.
Q: What is MIND’s dividend history?
A: MIND distributed regular dividends in the following years: 2003 ($0.14), 2004 ($0.13), 2005 ($0.24), 2006 ($0.14), 2007 ($0.20), 2008 ($0.20), 2010 ($0.20), 2011 ($0.32), 2012 ($0.24), 2013 ($0.24) and one special dividend in 2009 ($0.80).
Q: As an investor from another country / US investor, will the tax withheld in Israel on a dividend payment be recognized?
A: You need to consult your tax advisor.
Q: After paying foreign tax do I still need to pay federal tax to the US government?
A: You need to consult your tax advisor.
Q: When was MIND founded?
A: MIND was founded in 1995 by Monica Iancu, who has been President and Chief Executive Officer of the Company since inception.
Q: What is MIND’s fiscal year and how do I order a copy of the current Annual Report?
A: MIND’s fiscal year is January 1st to December 31st. You can download the latest Annual Report from the Company’s website by visiting the
Annual Reports page
in the Investor Relations section.
Q: Does MIND file 10-K and 10-Q reports with the SEC?
A: Since MIND is a foreign issuer, it is not required to file 10-K or 10-Q reports with the SEC. MIND does file a 20-F (10-K equivalent) and 6-K for quarterly results (10-Q equivalent). The 20-F, proxy statement and yearly financial results can be found on the Company’s website in the
Investor Relations section
Q: Where can I find MIND’s historical financial statements?
A: You will find the Company’s historical financial statements by visiting the
Annual Reports page
in the Investor Relations section.
Q: I have questions regarding my stock certificates. Who do I contact?
A: You may contact MIND’s stock transfer agent:
American Stock Transfer & Trust Company
59 Maiden Lane
New York, N.Y. 10038
http://www.amstock.com
Q: How can I get an investor package?
A: All the material can be downloaded from the Company’s website in the
Investor Relations section
Q: What was the date and price of the IPO?
A: The date of MIND’s IPO was August 8, 2000 and the price was $10 per share.