MSB Mesabi Trust dividend history, payout ratio & dates
Mesabi Trust's last dividend of $0.39 per share was on Oct 30, 2024 (ex-date). At an annualized rate of $1.35 per share, the stock yields 4.94%. The latest MSB payout of $0.39 marks a dividend growth of 30%.
Key dates
- MSB last dividend date: Oct 30, 2024
MSB dividend stats
vs. Basic Materials sector
Dividend yield
Mesabi Trust's dividend yield of 4.94% is above the Basic Materials sector and the industry average. Compared to its Basic Materials sector average of 2.3%, Mesabi Trust's dividend yield is 115% higher. The historical 5-year average of MSB's dividend yield is 9.4%, which is above the current yield.
Dividend history
Mesabi Trust has a history of paying dividends since 1995. Our records of MSB show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 286% since one year ago. And with the stock price up by 33% from a year ago, the dividend yield marks an increase of 190%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Oct 30, 2024 | $0.39 | 5.67% |
| Jul 30, 2024 | $0.3 | 7.65% |
| Apr 29, 2024 | $0.29 | 5.97% |
| Jan 29, 2024 | $0.37 | 3.63% |
| Oct 27, 2023 | $0.35 | 1.74% |
| Jul 28, 2022 | $0.84 | 19.49% |
| Apr 28, 2022 | $1.04 | 17.52% |
| Jan 27, 2022 | $1.75 | 13.43% |
| Oct 28, 2021 | $1.42 | 12.27% |
| Jul 29, 2021 | $0.09 | 5.08% |
| Apr 29, 2021 | $0.89 | 4.94% |
| Jan 28, 2021 | $0.46 | 5.54% |
| Oct 29, 2020 | $0.36 | 7.01% |
| Jul 29, 2020 | $0.05 | 12.7% |
| Apr 29, 2020 | $0.56 | 15.98% |
| Jan 29, 2020 | $0.7 | 12.44% |
| Oct 29, 2019 | $0.87 | 14.19% |
| Jul 29, 2019 | $0.21 | 12.71% |
| Apr 29, 2019 | $0.89 | 11.54% |
| Jan 29, 2019 | $1.39 | 11.32% |
| Oct 29, 2018 | $0.94 | 9.88% |
| Jul 27, 2018 | $0.22 | 9.1% |
| Apr 27, 2018 | $0.45 | 10.57% |
| Jan 29, 2018 | $1.18 | 9.2% |
| Oct 27, 2017 | $0.64 | 6.39% |
| Jul 26, 2017 | $0.16 | 7.04% |
| Apr 26, 2017 | $0.55 | 6.33% |
| Jan 26, 2017 | $0.14 | 4.56% |
| Oct 26, 2016 | $0.1 | 5.76% |
| Jul 27, 2016 | $0.2 | 4.28% |
| Apr 27, 2016 | $0.2 | 3.27% |
| Jan 27, 2016 | $0.05 | 2.24% |
| Jul 28, 2015 | $0.04 | 13.72% |
| Jan 28, 2015 | $0.64 | 10.69% |
Mesabi Trust dividend payout ratio
Payout ratio
Mesabi Trust's payout ratio of 19.3% is below the Basic Materials sector and the industry average. Compared to its Basic Materials sector average of 40.1%, Mesabi Trust's payout ratio is 52% lower.
Total amount of dividends paid per financial year (from cash flow)
MSB dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| MSB Mesabi Trust | 4.76% | $1.35 | 19.3% |
| MSM Msc Industrial Direct Co Inc | 4.35% | $3.34 | 72.6% |
| AIT Applied Industrial Technologies Inc | 0.61% | $1.48 | 14.9% |
Frequently asked questions
Does Mesabi Trust pay a dividend?
Yes, Mesabi Trust has paid four dividends in the last 12 months. MSB has been paying dividends since 1995.
When was MSB's last dividend?
Mesabi Trust's last regular dividend was on Oct 30, 2024 (ex-date) with the amount of $0.39 per share.
How much dividend does Mesabi Trust pay (per share)?
On an annual basis MSB pays $1.35 per share.
What is Mesabi Trust's dividend yield?
Mesabi Trust's current dividend yield is 4.94%.
How often does Mesabi Trust pay dividends?
Mesabi Trust has a quarterly dividend frequency.
What is Mesabi Trust's dividend payout ratio?
The dividend payout ratio of Mesabi Trust is 19.3%.
Does Mesabi Trust pay a good dividend?
Mesabi Trust's dividend yield is above the Basic Materials sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.