Mesabi Trust (MSB) To Go Ex-Dividend on July 30th

Posted by Brian Himes on Jul 28th, 2026

Mesabi Trust (NYSE:MSB – Get Free Report) declared a quarterly dividend on Wednesday, July 15th. Shareholders of record on Thursday, July 30th will be given a dividend of 0.05 per share by the mining company on Thursday, August 20th. This represents a c) dividend on an annualized basis and a yield of 0.9%. 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 Price Performance

Shares of Mesabi Trust stock opened at $22.68 on Tuesday. The stock’s 50 day simple moving average is $25.00 and its 200-day simple moving average is $29.81. The stock has a market cap of $297.57 million, a P/E ratio of 26.37 and a beta of 0.30. Mesabi Trust has a 1-year low of $21.60 and a 1-year high of $42.38.

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

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings downgraded Mesabi Trust from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, June 5th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

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Mesabi Trust Company Profile

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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.