Mesabi Trust (MSB) To Go Ex-Dividend on April 27th

Mesabi Trust (NYSE:MSB) announced a quarterly dividend on Monday, April 16th, Wall Street Journal reports. Investors of record on Monday, April 30th will be given a dividend of 0.45 per share by the mining company on Sunday, May 20th. This represents a $1.80 annualized dividend and a yield of 7.69%. The ex-dividend date of this dividend is Friday, April 27th.

Mesabi Trust has decreased its dividend payment by an average of 5.6% per year over the last three years and has raised its dividend every year for the last 4 years.

NYSE:MSB opened at $23.40 on Thursday. Mesabi Trust has a one year low of $12.70 and a one year high of $30.92. The company has a market cap of $310.29, a P/E ratio of 12.85 and a beta of 0.45.

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Mesabi Trust Company Profile

Mesabi Trust, a royalty trust, engages in iron ore mining business in the United States. The company was founded in 1919 and is based in New York, New York.

Dividend History for Mesabi Trust (NYSE:MSB)

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