Mesabi Trust

Mesabi Trust MSB

Dividend Summary

The next Mesabi Trust dividend is expected to go ex in 2 months and to be paid in 3 months.
The previous Mesabi Trust dividend was 84c and it went ex 4 months ago and it was paid 3 months ago.
There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 1.2.

Latest Dividends
Summary Previous dividend Next dividend
Status Paid Forecast
Type Quarterly Quarterly
Per share 84c Sign Up Required
Declaration date 15 Jul 2022 (Fri) 13 Jan 2023 (Fri)
Ex-div date 28 Jul 2022 (Thu) 27 Jan 2023 (Fri)
Pay date 20 Aug 2022 (Sat) 20 Feb 2023 (Mon)

Enter the number of Mesabi Trust shares you hold and we'll calculate your dividend payments:

Previous Payment
Next Payment
Forecast Accuracy
-39%
Our premium tools have predicted Mesabi Trust with -39% accuracy.
Dividend Yield Today
13.4%
The dividend yield is calculated by dividing the annual dividend payment by the prevailing share price
The table below shows the full dividend history for Mesabi Trust
Status Type Decl. date Ex-div date Pay date Decl. Currency Forecast amount Decl. amount Accuracy
Forecast Quarterly 10 Jan 2025 29 Jan 2025 20 Feb 2025 USD Sign up
Forecast Quarterly 11 Oct 2024 29 Oct 2024 20 Nov 2024 USD Sign up
Forecast Quarterly 05 Jul 2024 29 Jul 2024 20 Aug 2024 USD Sign up
Forecast Quarterly 15 Apr 2024 29 Apr 2024 20 May 2024 USD Sign up
Forecast Quarterly 12 Jan 2024 29 Jan 2024 20 Feb 2024 USD Sign up
Forecast Quarterly 13 Oct 2023 27 Oct 2023 20 Nov 2023 USD Sign up
Forecast Quarterly 07 Jul 2023 27 Jul 2023 20 Aug 2023 USD Sign up
Forecast Quarterly 17 Apr 2023 27 Apr 2023 20 May 2023 USD Sign up
Forecast Quarterly 13 Jan 2023 27 Jan 2023 20 Feb 2023 USD Sign up
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 Sign Up Required
2023 Sign Up Required
2024 Sign Up Required

Mesabi Trust Optimized Dividend Chart

The chart below shows the optimized dividends for this security over a rolling 12-month period.
Dividend Yield Today
13.4%
Optimized Yield
Sign Up Required
52 Week High
30.4% on 18 October 2022
52 Week Low
10.3% on 03 June 2022
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
$20.82 (yesterday's closing price)
Shares in Issue
13 million
Market Cap
$273mn
Dividend Cover
How many times is the dividend covered by company income. A cover of 1 means all income is paid out in dividends
1.2
CADI
The Consecutive Annual Dividend Increases - the number of years this company has been increasing its dividends
1
Market Indices
none
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