Mesabi Trust Dividend
Dividend criteria checks 3/6
Mesabi Trust is a dividend paying company with a current yield of 6.88% that is well covered by earnings.
Key information
6.9%
Dividend yield
50%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$1.45 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Mesabi Trust: Full Production Is Back Despite Cleveland-Cliffs' Ambitions
Feb 04Mesabi Trust: Unlikely Cleveland-Cliffs Shuts Northshore Down In The Near Term
Oct 25Mesabi Trust Looks Attractive With Estimated Forward Yield Of 8.2% To 11.4%
Oct 18Mesabi Trust: There's A Strong Headwind, But Also An Opportunity
Jul 14Operating Issues And Recession Pricing Next: Avoid Mesabi Trust
Jan 31Mesabi Trust says no dividend in January
Jan 12Mesabi Trust: Short-Term This Doesn't Look Great, Long-Term I Like
Nov 05How Cleveland-Cliffs' CEO Pushed Mesabi Trust's Dividend Off A Cliff
Aug 03Mesabi Trust dips dividend -19.2% to $0.84/share
Jul 15Mesabi Trust Is Not So Easily Ousted
Jun 03Mesabi Trust And Its Real Value
Jan 05Mesabi Trust (NYSE:MSB) Will Pay A Larger Dividend Than Last Year At US$1.42
Oct 18
Mesabi Trust's (NYSE:MSB) Upcoming Dividend Will Be Larger Than Last Year's
Jul 16Something To Consider Before Buying Mesabi Trust (NYSE:MSB) For The 4.1% Dividend
Apr 19Mesabi Trust (NYSE:MSB) Has Rewarded Shareholders With An Exceptional 511% Total Return On Their Investment
Mar 01Here's Why We're Wary Of Buying Mesabi Trust's (NYSE:MSB) For Its Upcoming Dividend
Jan 23
Should Mesabi Trust (NYSE:MSB) Be Part Of Your Income Portfolio?
Jan 18Mesabi Trust declares $0.46 dividend
Jan 11Mesabi Trust Remains Attractive To Yield-Centric Investors
Jan 05Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MSB's dividend payments have been volatile in the past 10 years.
Growing Dividend: MSB's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Mesabi Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MSB) | 6.9% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Metals and Mining) | 2.2% |
| Analyst forecast in 3 Years (MSB) | n/a |
Notable Dividend: MSB's dividend (6.88%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: MSB's dividend (6.88%) is in the top 25% of dividend payers in the US market (4.77%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.8%), MSB's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (104.2%), MSB's dividend payments are not well covered by cash flows.