Mesabi Trust MSB
Dividend Summary
The next Mesabi Trust dividend is expected to go ex in 1 month and to be paid in 2 months.
The previous Mesabi Trust dividend was 39c and it went ex 2 months ago and it was paid 1 month ago.
There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 1.2.
| Summary | Previous dividend | Next dividend |
|---|---|---|
| Status | Paid | Forecast |
| Type | Quarterly | Quarterly |
| Per share | 39c | Sign Up Required |
| Declaration date | 17 Oct 2024 (Thu) | 10 Jan 2025 (Fri) |
| Ex-div date | 30 Oct 2024 (Wed) | 30 Jan 2025 (Thu) |
| Pay date | 20 Nov 2024 (Wed) | 20 Feb 2025 (Thu) |
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| Status | Type | Decl. date | Ex-div date | Pay date | Decl. Currency | Forecast amount | Decl. amount | Accuracy |
|---|---|---|---|---|---|---|---|---|
| Forecast | Quarterly | 08 Jan 2027 | 29 Jan 2027 | 20 Feb 2027 | USD | Sign up | — | |
| Forecast | Quarterly | 15 Oct 2026 | 30 Oct 2026 | 20 Nov 2026 | USD | Sign up | — | |
| Forecast | Quarterly | 10 Jul 2026 | 30 Jul 2026 | 20 Aug 2026 | USD | Sign up | — | |
| Forecast | Quarterly | 14 Apr 2026 | 30 Apr 2026 | 20 May 2026 | USD | Sign up | — | |
| Forecast | Quarterly | 09 Jan 2026 | 30 Jan 2026 | 20 Feb 2026 | USD | Sign up | — | |
| Forecast | Quarterly | 16 Oct 2025 | 30 Oct 2025 | 20 Nov 2025 | USD | Sign up | — | |
| Forecast | Quarterly | 11 Jul 2025 | 30 Jul 2025 | 20 Aug 2025 | USD | Sign up | — | |
| Forecast | Quarterly | 15 Apr 2025 | 30 Apr 2025 | 20 May 2025 | USD | Sign up | — | |
| Forecast | Quarterly | 10 Jan 2025 | 30 Jan 2025 | 20 Feb 2025 | USD | Sign up | — | |
| Paid | Quarterly | 17 Oct 2024 | 30 Oct 2024 | 20 Nov 2024 | USD | 35c | 39c | 😏 |
| Paid | Quarterly | 12 Jul 2024 | 30 Jul 2024 | 20 Aug 2024 | USD | 35c | 30c | 😌 |
| Paid | Quarterly | 16 Apr 2024 | 29 Apr 2024 | 20 May 2024 | USD | 35c | 29c | 😌 |
| Paid | Quarterly | 12 Jan 2024 | 29 Jan 2024 | 20 Feb 2024 | USD | — | 37c | |
| Paid | Quarterly | 13 Oct 2023 | 27 Oct 2023 | 20 Nov 2023 | USD | — | 35c | |
| Paid | Quarterly | 15 Jul 2022 | 28 Jul 2022 | 20 Aug 2022 | USD | 15c | 84c | 😖 |
| Paid | Quarterly | 14 Apr 2022 | 28 Apr 2022 | 20 May 2022 | USD | — | 104c | |
| Paid | Quarterly | 11 Jan 2022 | 27 Jan 2022 | 20 Feb 2022 | USD | — | 175c | |
| Paid | Quarterly | 08 Oct 2021 | 28 Oct 2021 | 20 Nov 2021 | USD | — | 142c | |
| Paid | Quarterly | 12 Jul 2021 | 29 Jul 2021 | 20 Aug 2021 | USD | — | 9c | |
| Paid | Quarterly | 12 Apr 2021 | 29 Apr 2021 | 20 May 2021 | USD | — | 89c | |
| Paid | Quarterly | 11 Jan 2021 | 28 Jan 2021 | 20 Feb 2021 | USD | — | 46c | |
| Paid | Quarterly | 09 Oct 2020 | 29 Oct 2020 | 20 Nov 2020 | USD | — | 36c | |
| Paid | Quarterly | 13 Jul 2020 | 29 Jul 2020 | 20 Aug 2020 | USD | — | 5c | |
| Paid | Quarterly | 13 Apr 2020 | 29 Apr 2020 | 20 May 2020 | USD | — | 56c | |
| Paid | Quarterly | 14 Jan 2020 | 29 Jan 2020 | 20 Feb 2020 | USD | — | 70c | |
| Paid | Quarterly | 11 Oct 2019 | 29 Oct 2019 | 20 Nov 2019 | USD | — | 87c | |
| Paid | Quarterly | 12 Jul 2019 | 29 Jul 2019 | 20 Aug 2019 | USD | — | 21c | |
| Paid | Quarterly | 12 Apr 2019 | 29 Apr 2019 | 20 May 2019 | USD | — | 89c | |
| Paid | Quarterly | 11 Jan 2019 | 29 Jan 2019 | 20 Feb 2019 | USD | — | 139c | |
| Paid | Quarterly | 11 Oct 2018 | 29 Oct 2018 | 20 Nov 2018 | USD | — | 94c | |
| Paid | Quarterly | 13 Jul 2018 | 27 Jul 2018 | 20 Aug 2018 | USD | — | 22c | |
| Paid | Quarterly | 13 Apr 2018 | 27 Apr 2018 | 20 May 2018 | USD | — | 45c | |
| Paid | Quarterly | 13 Jan 2018 | 29 Jan 2018 | 20 Feb 2018 | USD | — | 118c | |
| Paid | Quarterly | 13 Oct 2017 | 27 Oct 2017 | 20 Nov 2017 | USD | — | 64c | |
| Paid | Quarterly | 14 Jul 2017 | 26 Jul 2017 | 20 Aug 2017 | USD | — | 16c | |
| Paid | Quarterly | 14 Apr 2017 | 26 Apr 2017 | 20 May 2017 | USD | — | 55c | |
| Paid | Quarterly | 19 Jan 2017 | 26 Jan 2017 | 20 Feb 2017 | USD | — | 14c | |
| Paid | Quarterly | 14 Oct 2016 | 26 Oct 2016 | 20 Nov 2016 | USD | — | 10c | |
| Paid | Quarterly | 14 Jul 2016 | 27 Jul 2016 | 20 Aug 2016 | USD | — | 20c | |
| Paid | Quarterly | 15 Apr 2016 | 27 Apr 2016 | 20 May 2016 | USD | — | 20c | |
| Paid | Quarterly | 15 Jan 2016 | 27 Jan 2016 | 20 Feb 2016 | USD | — | 5c | |
| Paid | Quarterly | 17 Jul 2015 | 28 Jul 2015 | 20 Aug 2015 | USD | — | 4c | |
| Paid | Quarterly | 16 Jan 2015 | 28 Jan 2015 | 20 Feb 2015 | USD | — | 64c | |
| Paid | Quarterly | 14 Oct 2014 | 28 Oct 2014 | 20 Nov 2014 | USD | — | 88c | |
| Paid | Quarterly | 11 Jul 2014 | 28 Jul 2014 | 20 Aug 2014 | USD | — | 32c | |
| Paid | Quarterly | 17 Jan 2014 | 28 Jan 2014 | 20 Feb 2014 | USD | — | 57c | |
| Paid | Quarterly | 11 Oct 2013 | 28 Oct 2013 | 20 Nov 2013 | USD | — | 51c | |
| Paid | Quarterly | 16 Jul 2013 | 26 Jul 2013 | 20 Aug 2013 | USD | — | 46c | |
| Paid | Quarterly | 12 Apr 2013 | 26 Apr 2013 | 20 May 2013 | USD | — | 8c | |
| Paid | Quarterly | 15 Jan 2013 | 28 Jan 2013 | 20 Feb 2013 | USD | — | 49c | |
| Paid | Quarterly | 12 Oct 2012 | 26 Oct 2012 | 20 Nov 2012 | USD | — | 113c | |
| Paid | Quarterly | – | 26 Jul 2012 | 20 Aug 2012 | USD | — | 64c | |
| Paid | Quarterly | – | 26 Apr 2012 | 20 May 2012 | USD | — | 6.5c |
| Year | Amount | Change |
|---|---|---|
| 2006 | 0.0c | — |
| 2007 | 0.0c | 0% |
| 2008 | 0.0c | 0% |
| 2009 | 0.0c | 0% |
| 2010 | 0.0c | 0% |
| 2011 | 0.0c | 0% |
| 2012 | 232.5c | 100% |
| 2013 | 162.0c | -30.3% |
| 2014 | 184.0c | 13.6% |
| 2015 | 9.0c | -95.1% |
| 2016 | 64.0c | 611.1% |
| 2017 | 253.0c | 295.3% |
| 2018 | 300.0c | 18.6% |
| 2019 | 267.0c | -11.0% |
| 2020 | 143.0c | -46.4% |
| 2021 | 415.0c | 190.2% |
| 2022 | 188.0c | -54.7% |
| 2023 | 72.0c | -61.7% |
| 2024 | Sign Up Required | |
| 2025 | Sign Up Required | |
| 2026 | Sign Up Required | |
Mesabi Trust Optimized Dividend Chart
- Dividend Yield Today
- 4.9%
- Optimized Yield
- Sign Up Required
- 52 Week High
- 11.4% on 15 April 2024
- 52 Week Low
- 0.0% on 24 December 2023
- Next Ex-Div-Date Countdown
- Sign Up Required
About Mesabi Trust
Mesabi Trust is a royalty trust that operates in the iron ore mining segment. The purpose of the Trust is to conserve and protect the Trust Estate. The Trust derives income from the Peter Mitchell Mine, an iron mine located near Babbitt, Minnesota, at the eastern end of the Mesabi Iron Range. The lessee/operator of Mesabi Trust's mineral interests is Northshore Mining Corporation (NMC), a subsidiary of Cliffs Natural Resources Inc. (Cliffs). NMC produces iron ore from Mesabi Trust Lands. The principal assets of Mesabi Trust consist of two different interests in certain properties in the Mesabi Iron Range: Mesabi Trust's interest as assignor in the Amended Assignment of Peters Lease and the Amended Assignment of Cloquet Lease and Mesabi Trust's ownership of the entire beneficial interest in the Mesabi Land Trust, which has interest as fee owner in the Peters Lease Lands and a fee ownership in certain non-mineral-bearing lands adjacent to the Peters and Cloquet Lease Land.
- Sector
- Mining
- Country
- United States
- Share Price
- $27.79 (yesterday's closing price)
- Shares in Issue
- 13 million
- Market Cap
- $365mn
- 1.2
- 0
- Market Indices
- none
