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MSB Mesabi Trust dividend history, payout ratio & dates

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 24.83%. The latest MSB payout of $0.84 marks a dividend change of -19%.

Key dates

  • MSB last dividend date: Jul 28, 2022
  • MSB next dividend date: Not announced
MSB dividend stats
DPS
$5.05
Dividend yield
24.83%
Payout ratio
157.3%
vs. Basic Materials sector
Dividend yield
1.9%
Payout ratio
25.8%

Dividend yield

What is Mesabi Trust current dividend yield

Mesabi Trust's dividend yield of 24.83% is above the Basic Materials sector and the industry average. Compared to its Basic Materials sector average of 1.9%, Mesabi Trust's dividend yield is 1,207% higher. The historical 5-year average of MSB's dividend yield is 11.3%, which is below the current yield.

Dividend history

What is MSB dividend payout history and dates

Mesabi Trust has a history of paying dividends since 1995. Our records of MSB show that the company has issued three quarterly dividends in the last twelve months. The annualized DPS marks an increase of 77% since one year ago. And with the stock price down by 17% from a year ago, the dividend yield marks an increase of 113%.

Recent dividends

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 dividend payout ratio

What is Mesabi Trust dividend payout ratio compared to the sector

Payout ratio

Mesabi Trust's payout ratio of 157.3% is above the Basic Materials sector and the industry average. Compared to its Basic Materials sector average of 25.8%, Mesabi Trust's payout ratio is 510% higher.

Total amount of dividends paid per financial year (from cash flow)

MSB dividend vs peer dividends

How does MSB dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
MSB Mesabi Trust 24.83% $5.05 157.3%
MSM Msc Industrial Direct Co Inc 3.64% $3.04 49.9%
AIT Applied Industrial Technologies Inc 1.05% $1.36 18.6%

Frequently asked questions

Does Mesabi Trust pay a dividend?

Mesabi Trust has paid three dividends in the last 12 months.

When was MSB's last dividend?

Mesabi Trust's last regular dividend was on Jul 28, 2022 (ex-date) with the amount of $0.84 per share.

How much dividend does Mesabi Trust pay (per share)?

On an annual basis MSB pays $5.05 per share.

What is Mesabi Trust's dividend yield?

Mesabi Trust's current dividend yield is 24.83%.

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 157.3%.

Does Mesabi Trust pay a good dividend?

Mesabi Trust's dividend yield is above the Basic Materials sector average.