Mesabi Trust
MSBBasic Materials · Stock · quarterly payer
$25.84
Add to PortfolioForward Yield
3.72%
Annual Dividend
$0.96
Payout Ratio
121%
5-Yr Growth
-0.4%
Ex-Date
Apr 30, 2026
Frequency
Quarterly
MSB Dividend Safety Score
49/ 100
Grade D
Risky
Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2025
Earnings payout coverage121% of earnings paid out
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is MSB a good dividend stock?
MixedMesabi Trust (MSB) pays a quarterly dividend yielding 3.72% ($0.96/yr), with 1 year of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2025
- Elevated payout ratio (121%)
- Dividend has been shrinking, not growing
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- 3.72%
- Payout Ratio
- 121%
- Annual Dividend
- $0.96
- 5-Yr Avg Growth
- -0.4%
- Ex-Dividend Date
- Apr 30, 2026
- Years of Growth
- 1
- Frequency
- quarterly
- Beta
- 0.30
- Market Cap
- $339.0M
- P/E Ratio
- 24.4
- 5-Yr Total Return
- -28%
- 52-Week Range
- $22.55 – $42.38
- Dividend Safety
- D · 49/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Apr 30, 2026 | — | $0.2400 | regular |
| Jan 30, 2026 | — | $0.2600 | regular |
| Oct 30, 2025 | — | $0.3400 | regular |
| Jul 30, 2025 | — | $0.1200 | regular |
| Apr 30, 2025 | — | $0.5600 | regular |
| Jan 30, 2025 | — | $5.9500 | regular |
| Oct 30, 2024 | — | $0.3900 | regular |
| Jul 30, 2024 | — | $0.3000 | regular |
| Apr 29, 2024 | — | $0.2900 | regular |
| Jan 29, 2024 | — | $0.3700 | regular |
| Oct 27, 2023 | — | $0.3500 | regular |
| Jul 28, 2022 | — | $0.8400 | regular |
| Apr 28, 2022 | — | $1.0400 | regular |
| Jan 27, 2022 | — | $1.7500 | regular |
Income Calculator
At $0.96 / yr per share
Per payment (quarterly)$24.00
Annual$96.00
Monthly avg$8.00
