Mesabi Trust (MSB) Dividends
Market Cap: $347.55M
Avg Volume: 77.02K
Industry: Steel
Sector: Basic Materials
Dividend Overview
Mesabi Trust (MSB) pays a quarterly dividend to its shareholders. The current dividend yield is 27.48%, which means that for every $100 invested at the current price, investors would receive approximately $27.48 in dividends per year (this can change based on future dividend payments and price movements).
About MSB's Dividend
Mesabi Trust pays a quarterly dividend of $1.73 per share, which totals $6.93 annually. This means that for each share you own, you'll receive $6.93 in dividends over the course of a year, distributed across four quarterly payments.
The most recent ex-dividend date was January 30, 2025. If you purchase the stock before its ex-dividend date, you'll be eligible for the upcoming dividend payment.
Mesabi Trust's payout ratio is 0.24% which means that 0.24% of the company's earnings are paid out as dividends. A low payout ratio indicates that the company has a strong financial position and can invest in growth opportunities, while maintaining room to increase dividends in the future.
Mesabi Trust's dividend has grown by 0.90% over the past year. A positive growth rate can be a sign of the company's confidence in its future earnings.
MSB Dividend History
| Dividend | Yield | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $5.95 | 27.48% | January 30, 2025 | January 30, 2025 | February 20, 2025 | January 14, 2025 |
| $0.39 | 5.67% | October 30, 2024 | October 30, 2024 | November 20, 2024 | October 17, 2024 |
| $0.3 | 5.61% | July 30, 2024 | July 30, 2024 | August 20, 2024 | |
| $0.29 | 3.90% | April 29, 2024 | April 30, 2024 | May 20, 2024 | April 16, 2024 |
| $0.37 | 1.86% | January 29, 2024 | January 30, 2024 | February 20, 2024 | January 12, 2024 |
| $0.35 | 1.74% | October 27, 2023 | October 30, 2023 | November 20, 2023 | October 13, 2023 |
| $0.84 | 19.49% | July 28, 2022 | July 30, 2022 | August 20, 2022 | July 15, 2022 |
| $1.04 | 17.52% | April 28, 2022 | April 30, 2022 | May 20, 2022 | April 14, 2022 |
| $1.75 | 13.43% | January 27, 2022 | January 30, 2022 | February 20, 2022 | January 11, 2022 |
| $1.42 | 12.27% | October 28, 2021 | October 30, 2021 | November 20, 2021 | October 08, 2021 |
| $0.09 | 5.08% | July 29, 2021 | July 30, 2021 | August 20, 2021 | July 12, 2021 |
| $0.89 | 4.94% | April 29, 2021 | April 30, 2021 | May 20, 2021 | April 12, 2021 |
| $0.46 | 5.54% | January 28, 2021 | January 30, 2021 | February 20, 2021 | January 11, 2021 |
| $0.36 | 7.01% | October 29, 2020 | October 30, 2020 | November 20, 2020 | October 09, 2020 |
| $0.05 | 12.70% | July 29, 2020 | July 30, 2020 | August 20, 2020 | July 13, 2020 |
| $0.56 | 15.98% | April 29, 2020 | April 30, 2020 | May 20, 2020 | April 13, 2020 |
| $0.7 | 12.44% | January 29, 2020 | January 30, 2020 | February 20, 2020 | January 14, 2020 |
| $0.87 | 14.19% | October 29, 2019 | October 30, 2019 | November 20, 2019 | October 11, 2019 |
| $0.21 | 12.71% | July 29, 2019 | July 30, 2019 | August 20, 2019 | July 12, 2019 |
| $0.89 | 11.54% | April 29, 2019 | April 30, 2019 | May 20, 2019 | April 12, 2019 |
| $1.39 | 11.32% | January 29, 2019 | January 30, 2019 | February 20, 2019 | January 11, 2019 |
| $0.94 | 9.88% | October 29, 2018 | October 30, 2018 | November 20, 2018 | October 11, 2018 |
| $0.22 | 9.10% | July 27, 2018 | July 30, 2018 | August 20, 2018 | July 13, 2018 |
| $0.45 | 10.57% | April 27, 2018 | April 30, 2018 | May 20, 2018 | April 13, 2018 |
| $1.18 | 9.20% | January 29, 2018 | January 30, 2018 | February 20, 2018 | January 12, 2018 |
| $0.64 | 6.39% | October 27, 2017 | October 30, 2017 | November 20, 2017 | October 13, 2017 |
| $0.16 | 7.04% | July 26, 2017 | July 30, 2017 | August 20, 2017 | July 19, 2017 |
| $0.55 | 6.33% | April 26, 2017 | April 30, 2017 | May 20, 2017 | April 24, 2017 |
| $0.14 | 4.56% | January 26, 2017 | January 30, 2017 | February 20, 2017 | January 20, 2017 |
| $0.1 | 5.24% | October 26, 2016 | October 30, 2016 | November 20, 2016 | October 14, 2016 |
| $0.2 | 4.28% | July 27, 2016 | July 30, 2016 | August 20, 2016 | July 14, 2016 |
| $0.2 | 2.82% | April 27, 2016 | April 30, 2016 | May 20, 2016 | April 18, 2016 |
| $0.05 | 2.24% | January 27, 2016 | January 30, 2016 | February 20, 2016 | January 19, 2016 |
| $0.04 | 13.72% | July 28, 2015 | July 30, 2015 | August 20, 2015 | July 20, 2015 |
| $0.64 | 10.69% | January 28, 2015 | January 30, 2015 | February 20, 2015 | January 20, 2015 |
| $0.88 | 9.21% | October 28, 2014 | October 30, 2014 | November 20, 2014 | October 15, 2014 |
| $0.32 | 7.34% | July 28, 2014 | July 30, 2014 | August 20, 2014 | July 14, 2014 |
| $0.57 | 7.61% | January 28, 2014 | January 30, 2014 | February 20, 2014 | January 21, 2014 |
| $0.51 | 7.67% | October 28, 2013 | October 30, 2013 | November 20, 2013 | October 14, 2013 |
| $0.46 | 11.93% | July 26, 2013 | July 30, 2013 | August 20, 2013 | July 17, 2013 |
| $0.08 | 11.15% | April 26, 2013 | April 30, 2013 | May 20, 2013 | April 16, 2013 |
| $0.49 | 9.63% | January 28, 2013 | January 30, 2013 | February 20, 2013 | January 16, 2013 |
| $1.13 | 9.66% | October 26, 2012 | October 30, 2012 | November 20, 2012 | October 16, 2012 |
| $0.64 | 9.97% | July 26, 2012 | July 30, 2012 | August 20, 2012 | July 17, 2012 |
| $0.065 | 8.16% | April 26, 2012 | April 30, 2012 | May 20, 2012 | April 17, 2012 |
| $0.76 | 7.80% | January 26, 2012 | January 30, 2012 | February 20, 2012 | January 18, 2012 |
| $1.12 | 9.11% | October 26, 2011 | October 30, 2011 | November 20, 2011 | October 14, 2011 |
| $0.6 | 7.31% | July 27, 2011 | July 30, 2011 | August 20, 2011 | July 19, 2011 |
| $0.05 | 6.90% | April 27, 2011 | April 30, 2011 | May 20, 2011 | April 13, 2011 |
| $0.65 | 6.97% | January 26, 2011 | January 30, 2011 | February 20, 2011 | January 19, 2011 |
| $0.91 | 5.71% | October 27, 2010 | October 30, 2010 | November 20, 2010 | October 19, 2010 |
| $0.8 | 6.44% | July 28, 2010 | July 30, 2010 | August 20, 2010 | July 19, 2010 |
| $0.125 | 4.20% | April 28, 2010 | April 30, 2010 | May 20, 2010 | April 15, 2010 |
| $0.55 | 7.92% | January 27, 2010 | January 30, 2010 | February 20, 2010 | January 20, 2010 |
| $0.22 | 7.36% | October 28, 2009 | October 30, 2009 | November 20, 2009 | October 19, 2009 |
| $0.38 | 29.56% | April 28, 2009 | April 30, 2009 | May 20, 2009 | April 16, 2009 |
| $0.11 | 26.99% | January 28, 2009 | January 30, 2009 | February 20, 2009 | January 16, 2009 |
| $1.25 | 25.44% | October 28, 2008 | October 30, 2008 | November 20, 2008 | October 16, 2008 |
| $1 | 7.63% | July 28, 2008 | July 30, 2008 | August 20, 2008 | July 18, 2008 |
| $0.12 | 5.57% | April 28, 2008 | April 30, 2008 | May 20, 2008 | April 11, 2008 |
| $0.515 | 6.43% | January 28, 2008 | January 30, 2008 | February 20, 2008 | January 11, 2008 |
| $0.48 | 5.16% | October 26, 2007 | October 30, 2007 | November 20, 2007 | October 15, 2007 |
| $0.31 | 6.55% | July 26, 2007 | July 30, 2007 | August 20, 2007 | July 13, 2007 |
| $0.045 | 6.55% | April 26, 2007 | April 30, 2007 | May 20, 2007 | April 13, 2007 |
| $0.315 | 6.37% | January 26, 2007 | January 30, 2007 | February 20, 2007 | January 12, 2007 |
| $0.585 | 7.48% | October 26, 2006 | October 30, 2006 | November 20, 2006 | October 13, 2006 |
| $0.4 | 8.01% | July 26, 2006 | July 30, 2006 | August 20, 2006 | July 14, 2006 |
| $0.3 | 6.50% | April 26, 2006 | April 30, 2006 | May 20, 2006 | April 18, 2006 |
| $0.47 | 7.36% | January 26, 2006 | January 30, 2006 | February 20, 2006 | January 13, 2006 |
| $0.36 | 8.14% | October 26, 2005 | October 30, 2005 | November 20, 2005 | October 20, 2005 |
| $0.37 | 7.89% | July 27, 2005 | July 30, 2005 | August 20, 2005 | July 19, 2005 |
| $0.33 | 7.07% | April 27, 2005 | April 30, 2005 | May 20, 2005 | April 19, 2005 |
| $0.295 | 4.90% | January 26, 2005 | January 30, 2005 | February 20, 2005 | January 20, 2005 |
| $0.25 | 7.87% | October 27, 2004 | October 30, 2004 | November 20, 2004 | October 13, 2004 |
| $0.175 | 8.06% | July 28, 2004 | July 30, 2004 | August 20, 2004 | July 19, 2004 |
| $0.05 | 6.74% | April 28, 2004 | April 30, 2004 | May 20, 2004 | April 16, 2004 |
| $0.3 | 6.81% | January 28, 2004 | January 30, 2004 | February 20, 2004 | January 20, 2004 |
| $0.12 | 7.38% | October 28, 2003 | October 30, 2003 | November 20, 2003 | October 21, 2003 |
| $0.07 | 7.38% | July 28, 2003 | July 30, 2003 | August 20, 2003 | July 16, 2003 |
| $0.19 | 8.00% | January 28, 2003 | January 30, 2003 | February 20, 2003 | January 17, 2003 |
| $0.12 | 6.33% | October 28, 2002 | October 30, 2002 | November 20, 2002 | October 21, 2002 |
| $0.05 | 5.88% | July 26, 2002 | July 30, 2002 | August 20, 2002 | July 23, 2002 |
| $0.08 | 8.23% | January 28, 2002 | January 30, 2002 | February 20, 2002 | January 18, 2002 |
| $0.105 | 10.63% | October 26, 2001 | October 30, 2001 | November 20, 2001 | October 24, 2001 |
| $0.07 | 12.58% | July 26, 2001 | July 30, 2001 | August 20, 2001 | July 20, 2001 |
| $0.13 | 13.78% | January 26, 2001 | January 30, 2001 | February 20, 2001 | January 18, 2001 |
| $0.175 | 13.23% | October 26, 2000 | October 30, 2000 | November 20, 2000 | October 23, 2000 |
| $0.1 | 11.69% | July 26, 2000 | July 30, 2000 | August 20, 2000 | July 18, 2000 |
| $0.18 | 12.33% | January 26, 2000 | January 30, 2000 | February 20, 2000 | January 20, 2000 |
| $0.115 | 12.89% | October 27, 1999 | October 31, 1999 | November 20, 1999 | October 18, 1999 |
| $0.06 | 13.30% | July 28, 1999 | July 30, 1999 | August 20, 1999 | |
| $0.155 | 15.59% | January 27, 1999 | January 30, 1999 | February 20, 1999 | January 15, 1999 |
| $0.165 | 15.15% | October 28, 1998 | October 30, 1998 | November 20, 1998 | October 19, 1998 |
| $0.11 | 13.58% | July 28, 1998 | July 30, 1998 | August 20, 1998 | July 16, 1998 |
| $0.265 | 12.25% | January 28, 1998 | January 30, 1998 | February 20, 1998 | January 21, 1998 |
| $0.16 | 9.87% | October 28, 1997 | October 30, 1997 | November 20, 1997 | October 17, 1997 |
| $0.065 | 9.55% | July 28, 1997 | July 30, 1997 | August 20, 1997 | July 21, 1997 |
| $0.145 | 9.33% | January 28, 1997 | January 30, 1997 | February 20, 1997 | January 17, 1997 |
| $0.19 | 9.29% | October 28, 1996 | October 30, 1996 | November 20, 1996 | October 16, 1996 |
| $0.085 | 6.54% | July 26, 1996 | July 30, 1996 | August 20, 1996 | July 17, 1996 |
| $0.12 | 6.67% | January 26, 1996 | January 30, 1996 | February 20, 1996 | January 17, 1996 |
| $0.065 | 5.43% | October 26, 1995 | October 30, 1995 | November 20, 1995 | October 19, 1995 |
| $0.065 | 4.93% | July 26, 1995 | July 30, 1995 | August 20, 1995 | July 19, 1995 |
| $0.06 | 5.14% | January 24, 1995 | January 30, 1995 | February 20, 1995 | |
| $0.06 | 7.64% | October 24, 1994 | October 30, 1994 | November 20, 1994 | |
| $0.06 | 7.69% | July 25, 1994 | July 30, 1994 | August 20, 1994 | |
| $0.1 | 8.79% | January 24, 1994 | January 30, 1994 | February 20, 1994 | |
| $0.1 | 7.81% | October 25, 1993 | October 30, 1993 | November 20, 1993 | |
| $0.05 | 5.87% | July 26, 1993 | July 30, 1993 | August 20, 1993 | |
| $0.02 | 5.05% | April 26, 1993 | April 30, 1993 | May 20, 1993 | |
| $0.05 | 4.31% | January 25, 1993 | January 30, 1993 | February 20, 1993 | |
| $0.02 | 6.56% | October 26, 1992 | October 30, 1992 | November 20, 1992 | |
| $0.027 | 5.42% | April 24, 1992 | April 30, 1992 | May 20, 1992 | |
| $0.03 | 6.44% | January 24, 1992 | January 30, 1992 | February 20, 1992 | |
| $0.04 | 7.51% | October 24, 1991 | October 30, 1991 | November 20, 1991 | |
| $0.02 | 6.80% | July 24, 1991 | July 30, 1991 | August 20, 1991 | |
| $0.05 | 5.45% | April 24, 1991 | April 30, 1991 | May 20, 1991 | |
| $0.05 | 4.00% | January 24, 1991 | January 30, 1991 | February 20, 1991 | |
| $0.05 | 2.00% | October 24, 1990 | October 30, 1990 | November 20, 1990 | October 23, 1990 |
| $0.15 | 4.44% | July 24, 1990 | July 30, 1990 | August 20, 1990 | July 13, 1990 |
| $0.1332 | 13.29% | January 24, 1986 | |||
| $0.215 | 10.93% | October 24, 1985 | |||
| $0.1901 | 6.03% | July 24, 1985 | |||
| $0.21 | 3.11% | April 24, 1985 | |||
| $0.1713 | 2.36% | January 24, 1985 | |||
| $0.251 | 2.57% | April 24, 1973 |
Dividend Growth
Mesabi Trust (MSB) dividend payments have grown 90.36% over the past year
Note: This growth rate represents the year-over-year growth in total dividends paid by the company, which may differ from the growth in dividends per share if the number of outstanding shares has changed.
Dividend Safety
Dividend safety refers to the ability of a company to continue paying its dividends to shareholders without interruption or reduction. A company with a high level of dividend safety is generally considered to have a strong financial position, with a consistent history of paying dividends and a low risk of default.
Key Safety Indicators for MSB
- Dividend Payout Ratio: 0.24% Low risk
- Dividend & Capex Coverage Ratio: 3.18x Strong coverage
- Dividend Frequency: Quarterly
- Recent Dividend Growth: 0.90% Positive
What These Indicators Mean
A low payout ratio (typically less than 60%) indicates that a company has enough earnings to pay dividends and retain earnings to reinvest in the business. Mesabi Trust's payout ratio is 0.24% , which is very conservative and suggests strong dividend sustainability.
The Dividend & Capex Coverage Ratio of 3.18x indicates how well the company can cover both its dividend payments and capital expenditures from operating cash flows. This strong ratio above 1.5x indicates Mesabi Trust can comfortably cover its dividends and necessary investments from its operating cash flow.
Mesabi Trust's quarterly dividend structure is the most common among dividend-paying companies, providing a balance between regular income for investors and financial flexibility for the company.
Mesabi Trust's dividend growth rate of 0.90% is positive but modest, indicating steady but cautious dividend policies.
It is worth noting that dividend safety can change over time based on a company's financial performance, industry conditions, and management decisions. Regular monitoring of these metrics is recommended for dividend-focused investors.