Mesabi Trust Dividends and Buybacks

Dividend criteria checks 3/6

Mesabi Trust is a dividend paying company with a current yield of 4.17% that is well covered by earnings.

Key information

4.2%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growth-3.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareUS$1.160
Payout ratio19%

Recent dividend and buyback updates

Recent updates

Mesabi Trust: Cleveland-Cliffs Spat In Rear View For Now

Sep 24

If Fed Doesn't Get Serious About Inflation, Buy Mesabi Trust (Rating Upgrade)

May 28

Mesabi Trust: Full Production Is Back Despite Cleveland-Cliffs' Ambitions

Feb 04

Mesabi Trust: Unlikely Cleveland-Cliffs Shuts Northshore Down In The Near Term

Oct 25

Mesabi Trust Looks Attractive With Estimated Forward Yield Of 8.2% To 11.4%

Oct 18

Mesabi Trust: There's A Strong Headwind, But Also An Opportunity

Jul 14

Operating Issues And Recession Pricing Next: Avoid Mesabi Trust

Jan 31

Mesabi Trust says no dividend in January

Jan 12

Mesabi Trust: Short-Term This Doesn't Look Great, Long-Term I Like

Nov 05

How Cleveland-Cliffs' CEO Pushed Mesabi Trust's Dividend Off A Cliff

Aug 03

Mesabi Trust dips dividend -19.2% to $0.84/share

Jul 15

Mesabi Trust Is Not So Easily Ousted

Jun 03

Mesabi Trust And Its Real Value

Jan 05

Mesabi Trust (NYSE:MSB) Will Pay A Larger Dividend Than Last Year At US$1.42

Oct 18
Mesabi Trust (NYSE:MSB) Will Pay A Larger Dividend Than Last Year At US$1.42

Mesabi Trust's (NYSE:MSB) Upcoming Dividend Will Be Larger Than Last Year's

Jul 16
Mesabi Trust's (NYSE:MSB) Upcoming Dividend Will Be Larger Than Last Year's

Something To Consider Before Buying Mesabi Trust (NYSE:MSB) For The 4.1% Dividend

Apr 19
Something To Consider Before Buying Mesabi Trust (NYSE:MSB) For The 4.1% Dividend

Mesabi Trust (NYSE:MSB) Has Rewarded Shareholders With An Exceptional 511% Total Return On Their Investment

Mar 01
Mesabi Trust (NYSE:MSB) Has Rewarded Shareholders With An Exceptional 511% Total Return On Their Investment

Here's Why We're Wary Of Buying Mesabi Trust's (NYSE:MSB) For Its Upcoming Dividend

Jan 23
Here's Why We're Wary Of Buying Mesabi Trust's (NYSE:MSB) For Its Upcoming Dividend

Should Mesabi Trust (NYSE:MSB) Be Part Of Your Income Portfolio?

Jan 18
Should Mesabi Trust (NYSE:MSB) Be Part Of Your Income Portfolio?

Mesabi Trust declares $0.46 dividend

Jan 11

Mesabi Trust Remains Attractive To Yield-Centric Investors

Jan 05

Stability 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
How does MSB dividend yield compare to the market?
SegmentDividend Yield
Company (MSB)4.2%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.5%
Industry Average (Metals and Mining)2.2%
Analyst forecast (MSB) (up to 3 years)n/a

Notable Dividend: MSB's dividend (4.17%) is higher than the bottom 25% of dividend payers in the US market (1.44%).

High Dividend: MSB's dividend (4.17%) is low compared to the top 25% of dividend payers in the US market (4.5%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (19.3%), MSB's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (16.9%), MSB's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 19:16
End of Day Share Price 2024/12/20 00:00
Earnings2024/10/31
Annual Earnings2024/01/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Mesabi Trust is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Timothy HayesDavenport & Company