Mesa Royalty Trust
MTREnergy · Oil & Gas E&P · Stock · monthly payer
Forward Yield
7.18%
Annual Dividend
$0.14
Payout Ratio
90%
5-Yr Growth
-8.9%
Ex-Date
May 29, 2026
Frequency
Monthly
Key facts about MTR's dividend
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Mesa Royalty Trust (MTR) has a forward dividend yield of 7.18%, based on an annual dividend of $0.14 per share and a share price of $1.95.
- As of Oct 27, 2026, MTR's dividend safety grade from SmarterDividends is C (58 out of 100), which rates the dividend as borderline.
- MTR last cut its regular dividend in 2025.
- MTR's most recent ex-dividend date was May 29, 2026, for a dividend of $0.0250 per share.
- As of Oct 27, 2026, MTR pays out 90% of its trailing 12-month earnings as dividends (its payout ratio).
- MTR's dividend has shrunk at an average rate of 8.9% a year over the past five years.
- As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for MTR is $1.94 per share, 1% below the $1.95 share price, so MTR screens as fairly valued.
- Mesa Royalty Trust (MTR) pays its dividend monthly, 12 times a year.
Cite this page
SmarterDividends, "MTR Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/MTR
Summary
As of Oct 27, 2026, Mesa Royalty Trust (MTR) yields 7.18% ($0.14 a year per share) and has a dividend safety grade of C (58/100).
Is MTR a good dividend stock?
Yes, with caveatsMesa Royalty Trust (MTR) pays a monthly dividend yielding 7.18% ($0.14/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
- 7.18%
- Payout Ratio
- 90%
- Annual Dividend
- $0.14
- 5-Yr Avg Growth
- -8.9%
- Ex-Dividend Date
- May 29, 2026
- Years of Growth
- 1
- Frequency
- monthly
- Beta
- 0.42
- Market Cap
- $3.6M
- P/E Ratio
- 9.8
- 5-Yr Total Return
- -65%
- 52-Week Range
- $1.95 – $5.83
- Dividend Safety
- C · 58/100
- Ever Cut?
- Yes (2025)
MTR dividend changes
Mesa Royalty Trust (MTR) pays a variable dividend: across the 445 payments on record since 1986, 200 were higher than the one before and 141 lower. The latest change was up 316.7% to $0.0250 per share, going ex-dividend on May 29, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| May 29, 2026 | Higher | $0.0060 → $0.0250 | +316.7% |
| Mar 31, 2026 | Higher | $0.0020 → $0.0060 | +200.0% |
| Jan 30, 2026 | Lower | $0.0190 → $0.0020 | −89.5% |
| Dec 31, 2025 | Higher | $0.0180 → $0.0190 | +5.6% |
| Oct 31, 2025 | Higher | $0.0090 → $0.0180 | +100.0% |
| Aug 29, 2025 | Lower | $0.0270 → $0.0090 | −66.7% |
| Jul 31, 2025 | Lower | $0.0320 → $0.0270 | −15.6% |
| May 30, 2025 | Higher | $0.0250 → $0.0320 | +28.0% |
| Apr 30, 2025 | Higher | $0.0220 → $0.0250 | +13.6% |
| Dec 31, 2024 | Higher | $0.0060 → $0.0220 | +266.7% |
| Oct 31, 2024 | Higher | $0.0040 → $0.0060 | +50.0% |
| Sep 30, 2024 | Higher | $0.0020 → $0.0040 | +100.0% |
Frequently Asked Questions
Is MTR a good dividend stock?
Yes, with caveats. Mesa Royalty Trust (MTR) pays a monthly dividend yielding 7.18% ($0.14/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.
Is MTR undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, MTR's fair value is about $1.94 versus a $1.95 share price — so it looks fairly valued (-1% vs. fair value).
Is MTR's dividend safe?
MTR has a dividend-safety grade of C (58/100), based on its payout coverage, free-cash-flow, 1-year growth streak, a dividend cut in 2025, debt and yield-versus-history.
What is MTR's fair value?
Our blended fair-value estimate for MTR is about $1.94 per share, about 1% below the current $1.95 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is MTR a buy, hold, or sell?
We don't issue formal ratings, but on the data MTR screens as "yes, with caveats" and fairly valued. Mesa Royalty Trust (MTR) pays a monthly dividend yielding 7.18% ($0.14/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. This is research for your own analysis, not investment advice.
Will MTR cut its dividend?
MTR earns a dividend-safety grade of C (58/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does MTR pay a dividend?
Yes. Mesa Royalty Trust pays a monthly dividend of about $0.14 per share annually, a forward yield of roughly 7.18%.
What is MTR's dividend yield?
As of Oct 27, 2026, MTR's forward dividend yield is 7.18%, based on a $0.14 annual dividend and a $1.95 share price.
What is MTR's dividend per share?
As of Oct 27, 2026, MTR pays $0.14 per share per year, distributed on a monthly basis.
What is MTR's dividend payout ratio?
As of Oct 27, 2026, MTR's payout ratio is 90% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.
How many years has MTR grown its dividend?
As of Oct 27, 2026, MTR has increased its dividend for 1 consecutive years.
When is the next MTR ex-dividend date?
As of Oct 27, 2026, MTR's next ex-dividend date hasn't been announced. The most recent was May 29, 2026, for $0.0250 per share.
MTR Price — Last 12 Months
Daily close
Price Return
1 Year
-57%
3 Years
-89%
5 Years
-65%
52-Week Range
$1.95 – $5.83
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is MTR worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for Mesa Royalty Trust is $1.94 per share, versus a market price of $1.95. That implies the stock is roughly fairly priced.
Fair Value
$1.94
Current Price
$1.95
Gap
-1%
Margin of Safety
-1%
How we get there
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 0.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.0% discount rate (CAPM), 0.0% growth for five years fading to 2.5% over the next five, $0.20 EPS, $0.14 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
Full MTR dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 29, 2026 | Jul 31, 2026 | $0.0250 | regular |
| Apr 30, 2026 | Jul 31, 2026 | $0.0400 | regular |
| Mar 31, 2026 | Apr 30, 2026 | $0.0060 | regular |
| Jan 30, 2026 | Apr 30, 2026 | $0.0020 | regular |
| Dec 31, 2025 | Jan 30, 2026 | $0.0190 | regular |
| Nov 28, 2025 | Jan 30, 2026 | $0.0300 | regular |
| Oct 31, 2025 | Jan 30, 2026 | $0.0180 | regular |
| Sep 30, 2025 | Oct 31, 2025 | $0.0020 | regular |
| Aug 29, 2025 | Oct 31, 2025 | $0.0090 | regular |
| Jul 31, 2025 | Oct 31, 2025 | $0.0270 | regular |
| Jun 30, 2025 | Jul 31, 2025 | $0.0380 | regular |
| May 30, 2025 | Jul 31, 2025 | $0.0320 | regular |
| Apr 30, 2025 | Jul 31, 2025 | $0.0250 | regular |
| Mar 31, 2025 | Apr 30, 2025 | $0.0300 | regular |
Income Calculator
At $0.14 / yr per share
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