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Mesabi Trust (MSB) Dividend Yield, Date & History

Mesabi Trust logo
$27.79 -1.56 (-5.32%)
(As of 12/20/2024 04:33 PM ET)

Mesabi Trust Dividend Summary

Dividend Yield
5.61%
Annual Dividend
$1.56
Recent
Dividend Payment
Nov. 20
Annualized 3-Year
Dividend Growth
-40.60%
Dividend Payout Ratio
22.25%

Mesabi Trust (MSB) pays an annual dividend of $1.56 per share, with a dividend yield of 5.61%. The next quarterly payment of $0.39 per share was paid on Wednesday, November 20, to investors who owned the stock before the ex-dividend date of Wednesday, October 30. The company currently pays out 22.25% of its earnings and 352.53% of its cash flow as dividends.

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MSB Dividend Payments by Quarter

The chart below displays up to four years of Mesabi Trust's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

MSB Dividend Yield Over Time

The chart below tracks Mesabi Trust's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Mesabi Trust vs. The Competition

Compare Mesabi Trust's annual dividend, yield, and 3-year growth rate with averages for Materials and NYSE companies to evaluate its performance against the market.

TypeMesabi TrustMaterials CompaniesNYSE Companies
Annual Dividend$1.56$0.17$1.39
Dividend Yield5.61%5.16%3.62%
Annualized 3-Year Dividend Growth-40.60%21.64%15.78%

Mesabi Trust Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings22.25%
Based on Cashflow352.53%

Mesabi Trust Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/17/2024quarterly$0.39+$0.09
30.00%
5.2%10/30/202410/30/202411/20/2024
7/12/2024quarterly$0.30+$0.01
3.45%
7.4%7/30/20247/30/20248/20/2024
4/16/2024quarterly$0.29-$0.08
21.62%
8.3%4/29/20244/30/20245/20/2024
1/12/2024Quarterly$0.37+$0.02
5.71%
3.3%1/29/20241/30/20242/20/2024
10/13/2023quarterly$0.35-$0.49
58.33%
6.59%10/27/202310/30/202311/20/2023

This table shows Mesabi Trust's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Mesabi Trust Dividend - Frequently Asked Questions

The current dividend yield for Mesabi Trust is 5.61%. Learn more on MSB's dividend yield history.

The annual dividend for MSB shares is $1.56. Learn more on MSB's annual dividend history.

Mesabi Trust pays quarterly dividends to shareholders.

Mesabi Trust's most recent quarterly dividend payment of $0.39 per share was made to shareholders on Wednesday, November 20, 2024.

Mesabi Trust's most recent ex-dividend date was Wednesday, October 30, 2024.

Over the past three years, the company's dividend has not grown. It has decreased by -40.60%.

The most recent change in the company's dividend was an increase of $0.09 on Thursday, October 17, 2024.

The dividend payout ratio for MSB is:
  • 22.25% based on the trailing year of earnings
  • 352.53% based on cash flow

Mesabi Trust's dividend yield of 6.14% is higher than the average Basic Materials company that issues a dividend. MSB has a dividend yield higher than 75% of all dividend-paying stocks 5.64, making it a leading dividend payer. Mesabi Trust's dividend payout ratio of 22.25% is at a healthy, sustainable level, below 75% of its earnings.


This page (NYSE:MSB) was last updated on 12/22/2024 by MarketBeat.com Staff
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