Mesabi Trust (MSB) to Distribute Quarterly Dividend of $0.05 on August 20th

Posted by Lauren Steadman on Jul 17th, 2026

Mesabi Trust (NYSE:MSB – Get Free Report) announced a quarterly dividend on Wednesday, July 15th. Shareholders 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) dividend on an annualized basis and a yield of 0.8%. The ex-dividend date 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 Stock Performance

MSB stock opened at $24.63 on Friday. The stock has a market capitalization of $323.15 million, a P/E ratio of 28.64 and a beta of 0.30. Mesabi Trust has a one year low of $23.56 and a one year high of $42.38. The company has a 50 day moving average price of $25.85 and a two-hundred day moving average price of $30.59.

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

Analyst Upgrades and Downgrades

Separately, Weiss Ratings lowered shares of Mesabi Trust from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, June 5th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the stock has an average rating of “Hold”.

View Our Latest Stock Analysis on MSB

Mesabi Trust Company Profile

(Get Free Report)

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.