Mesabi Trust (NYSE:MSB) Plans $0.05 Quarterly Dividend

Posted by Wayne Rhoads on Jul 16th, 2026

Mesabi Trust (NYSE:MSB – Get Free Report) declared a quarterly dividend on Wednesday, July 15th. Investors of record on Thursday, July 30th will be paid a dividend of 0.05 per share by the mining company on Thursday, August 20th. This represents a c) annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, July 30th.

Mesabi Trust has decreased its dividend by an average of 0.0%per year over the last three years.

Mesabi Trust Trading Down 1.2%

NYSE:MSB opened at $25.15 on Thursday. Mesabi Trust has a 1 year low of $23.56 and a 1 year high of $42.38. The firm has a 50 day moving average of $25.93 and a 200-day moving average of $30.67. The stock has a market capitalization of $329.97 million, a P/E ratio of 29.24 and a beta of 0.30.

Mesabi Trust (NYSE:MSB – Get Free Report) last released its quarterly earnings results on Friday, June 12th. The mining company reported $0.08 earnings per share (EPS) for the quarter. Mesabi Trust had a return on equity of 54.83% and a net margin of 75.32%.The business had revenue of $2.25 million during the quarter.

About Mesabi Trust

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Mesabi Trust (NYSE: MSB) is a passive royalty trust that holds royalty interests in iron ore properties located on Minnesota’s Mesabi Iron Range. The trust does not engage in mining operations directly but receives royalty payments based on the volume of iron ore shipped from the underlying properties. These payments are derived from production of iron ore concentrate and taconite pellets sold to domestic and international steel producers.

Established in December 2011, Mesabi Trust was formed through the consolidation of royalty interests contributed by several mining companies.