Mesabi Trust's last quarterly dividend of $0.84 per share was on Jul 28, 2022 (ex-date). At an annualized rate of $5.05 per share, the stock yields 20.19%. The latest MSB payout of $0.84 marks a dividend change of -19%.
Mesabi Trust's dividend yield of 20.19% is above the Basic Materials sector and the industry average. Compared to its Basic Materials sector average of 2.07%, Mesabi Trust's dividend yield is 875% higher. The historical 5-year average of MSB's dividend yield is 11.4%, which is below the current yield.
Mesabi Trust has a history of paying dividends since 1995. Our records of MSB show that the company has issued two quarterly dividends in the last twelve months. The annualized DPS marks an increase of 22% since one year ago. And with the stock price down by 0.5% from a year ago, the dividend yield marks an increase of 22%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Jul 28, 2022 | Aug 20, 2022 | Jul 15, 2022 | $0.84 | normal |
| Apr 28, 2022 | May 20, 2022 | Apr 14, 2022 | $1.04 | normal |
| Jan 27, 2022 | Feb 20, 2022 | Jan 11, 2022 | $1.75 | normal |
| Oct 28, 2021 | Nov 20, 2021 | Oct 8, 2021 | $1.42 | normal |
| Jul 29, 2021 | Aug 20, 2021 | Jul 12, 2021 | $0.09 | normal |
| Apr 29, 2021 | May 20, 2021 | Apr 12, 2021 | $0.89 | normal |
| Jan 28, 2021 | Feb 20, 2021 | Jan 11, 2021 | $0.46 | normal |
| Oct 29, 2020 | Nov 20, 2020 | Oct 9, 2020 | $0.36 | normal |
| Jul 29, 2020 | Aug 20, 2020 | Jul 13, 2020 | $0.05 | normal |
| Apr 29, 2020 | May 20, 2020 | Apr 13, 2020 | $0.56 | normal |
| Jan 29, 2020 | Feb 20, 2020 | Jan 14, 2020 | $0.7 | normal |
| Oct 29, 2019 | Nov 20, 2019 | Oct 11, 2019 | $0.87 | normal |
| Jul 29, 2019 | Aug 20, 2019 | Jul 12, 2019 | $0.21 | normal |
| Apr 29, 2019 | May 20, 2019 | Apr 12, 2019 | $0.89 | normal |
| Jan 29, 2019 | Feb 20, 2019 | Jan 11, 2019 | $1.39 | normal |
| Oct 29, 2018 | Nov 20, 2018 | Oct 11, 2018 | $0.94 | normal |
| Jul 27, 2018 | Aug 20, 2018 | Jul 13, 2018 | $0.22 | normal |
| Apr 27, 2018 | May 20, 2018 | Apr 13, 2018 | $0.45 | normal |
| Jan 29, 2018 | Feb 20, 2018 | Jan 13, 2018 | $1.18 | normal |
| Oct 27, 2017 | Nov 20, 2017 | Oct 13, 2017 | $0.64 | normal |
| Jul 26, 2017 | Aug 20, 2017 | Jul 14, 2017 | $0.16 | normal |
| Apr 26, 2017 | May 20, 2017 | Apr 14, 2017 | $0.55 | normal |
| Jan 26, 2017 | Feb 20, 2017 | Jan 19, 2017 | $0.14 | normal |
| Oct 26, 2016 | Nov 20, 2016 | Oct 14, 2016 | $0.1 | normal |
| Jul 27, 2016 | Aug 20, 2016 | Jul 14, 2016 | $0.2 | normal |
Mesabi Trust's payout ratio of 257.7% is above the Basic Materials sector and the industry average. Compared to its Basic Materials sector average of 27.1%, Mesabi Trust's payout ratio is 851% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| MSB Mesabi Trust | 20.19% | $5.05 | 257.7% |
| MSM Msc Industrial Direct Co Inc | 3.82% | $3.08 | 48.6% |
| AIT Applied Industrial Technologies Inc | 1.02% | $1.37 | 17.3% |
Mesabi Trust has paid two dividends in the last 12 months.
Mesabi Trust's last regular dividend was on Jul 28, 2022 (ex-date) with the amount of $0.84 per share.
On an annual basis MSB pays $5.05 per share.
Mesabi Trust's current dividend yield is 20.19%.
Mesabi Trust has a quarterly dividend frequency.
The dividend payout ratio of Mesabi Trust is 257.7%.
Mesabi Trust's dividend yield is above the Basic Materials sector average.