Mesa Royalty Trust
MTREnergy · Stock · monthly payer
Forward Yield
7.93%
Annual Dividend
$0.25
Payout Ratio
90%
5-Yr Growth
-8.9%
Ex-Date
May 29, 2026
Frequency
Monthly
Summary
As of July 2026, Mesa Royalty Trust (MTR) yields 7.93% ($0.25 per share annually), with a blended fair-value estimate of $4.85 — +56% upside, so it screens as undervalued. Dividend safety grade: C (58/100). 1 years of dividend growth.
Is MTR a good dividend stock?
Yes, with caveatsMesa Royalty Trust (MTR) pays a monthly dividend yielding 7.93% ($0.25/yr), with 1 year of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
Risks
- Cut its dividend in 2025
- Elevated payout ratio (90%)
- Dividend has been shrinking, not growing
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 7.93%
- Payout Ratio
- 90%
- Annual Dividend
- $0.25
- 5-Yr Avg Growth
- -8.9%
- Ex-Dividend Date
- May 29, 2026
- Years of Growth
- 1
- Frequency
- monthly
- Beta
- 0.43
- Market Cap
- $5.8M
- P/E Ratio
- 13.5
- 5-Yr Total Return
- -46%
- 52-Week Range
- $3.01 – $5.98
- Dividend Safety
- C · 58/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
MTR Price — Last 12 Months
Daily close
Price Return
1 Year
-44%
3 Years
-84%
5 Years
-46%
52-Week Range
$3.01 – $5.98
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is MTR worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Mesa Royalty Trust is $4.85 per share, versus a market price of $3.11. That implies 56% of upside — a margin of safety of about 36%.
Fair Value
$4.85
Current Price
$3.11
Upside
+56%
Margin of Safety
36%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model -5.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $0.23 EPS, $0.25 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
MTR Dividend Safety Score
Borderline
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
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 29, 2026 | — | $0.0250 | regular |
| Apr 30, 2026 | — | $0.0400 | regular |
| Mar 31, 2026 | — | $0.0060 | regular |
| Jan 30, 2026 | — | $0.0020 | regular |
| Dec 31, 2025 | — | $0.0190 | regular |
| Nov 28, 2025 | — | $0.0300 | regular |
| Oct 31, 2025 | — | $0.0180 | regular |
| Sep 30, 2025 | — | $0.0020 | regular |
| Aug 29, 2025 | — | $0.0090 | regular |
| Jul 31, 2025 | — | $0.0270 | regular |
| Jun 30, 2025 | — | $0.0380 | regular |
| May 30, 2025 | — | $0.0320 | regular |
| Apr 30, 2025 | — | $0.0250 | regular |
| Mar 31, 2025 | — | $0.0300 | regular |
Income Calculator
At $0.25 / yr per share
