MSB Dividend History & Analysis | 4.2% Yield

MSB has a dividend yield of 4.2% and paid 1.28 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 4.18%
Payout Ratio 97.8%
Growth Rate CAGR 5y 24.94%
Consistency Lifetime 56.0%
Yield on Cost 5y 7.70%
Payout FCF -
Streak Years 36
Dividend Rating 54.01%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.
■ Yield (right) | ■ Price (left) | ┅ Avg Yield
Total Return 12m: 46.6%
Total Return 5y: 111.8%

Top Dividend Payers in Steel

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
VALE 69,496 M 12.7% 13.6%
VK 4,632 M 9.78% 17.9%
TX 8,463 M 8.83% 13.9%
SXC 665 M 6.08% 12.6%
APAM 2,670 M 7.19% 7.36%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
ZEUS 562 M 68.2% 89.2%
RYI 957 M 46.1% 99.2%
SXC 665 M 18.9% 64.6%
STLD 26,810 M 17.8% 98.7%
RS 17,464 M 14.9% 99.4%

Quality Dividend Peers in Steel

STLD
Steel Dynamics
 1.45% Yield

MSB Dividend History: Last 50 Payments (USD) as of February 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2026-01-30 2026-01-30 2026-02-20 Quarterly 0.26 -23.5% 0.79%
2025-10-30 2025-10-30 2025-11-20 Quarterly 0.34 183.3% 0.97%
2025-07-30 2025-07-30 2025-08-20 Quarterly 0.12 -78.6% 0.4%
2025-04-30 2025-04-30 2025-05-20 Quarterly 0.56 -90.6% 1.97%
2025-01-30 2025-01-30 2025-02-20 Quarterly 5.95 1425.6% 22.38%
2024-10-30 2024-10-30 2024-11-20 Quarterly 0.39 30% 1.59%
2024-07-30 2024-07-30 2024-08-20 Quarterly 0.3 3.4% 1.75%
2024-04-29 2024-04-30 2024-05-20 Quarterly 0.29 -21.6% 1.7%
2024-01-29 2024-01-30 2024-02-20 Quarterly 0.37 5.7% 1.85%
2023-10-27 2023-10-30 2023-11-20 Quarterly 0.35 -58.3% 1.71%
2022-07-28 2022-07-30 2022-08-20 Quarterly 0.84 -19.2% 2.95%
2022-04-28 2022-04-30 2022-05-20 Quarterly 1.04 -40.6% 4.49%
2022-01-27 2022-01-30 2022-02-20 Quarterly 1.75 23.2% 5.6%
2021-10-28 2021-10-30 2021-11-20 Quarterly 1.42 1477.8% 5.44%
2021-07-29 2021-07-30 2021-08-20 Quarterly 0.09 -89.9% 0.25%
2021-04-29 2021-04-30 2021-05-20 Quarterly 0.89 93.5% 2.4%
2021-01-28 2021-01-30 2021-02-20 Quarterly 0.46 27.8% N/A
2020-10-29 2020-10-30 2020-11-20 Quarterly 0.36 620% N/A
2020-07-29 2020-07-30 2020-08-20 Quarterly 0.05 -91.1% N/A
2020-04-29 2020-04-30 2020-05-20 Quarterly 0.56 -20% N/A
2020-01-29 2020-01-30 2020-02-20 Quarterly 0.7 -19.5% N/A
2019-10-29 2019-10-30 2019-11-20 Quarterly 0.87 314.3% N/A
2019-07-29 2019-07-30 2019-08-20 Quarterly 0.21 -76.4% N/A
2019-04-29 2019-04-30 2019-05-20 Quarterly 0.89 -36% N/A
2019-01-29 2019-01-30 2019-02-20 Quarterly 1.39 47.9% N/A
2018-10-29 2018-10-30 2018-11-20 Quarterly 0.94 327.3% N/A
2018-07-27 2018-07-30 2018-08-20 Quarterly 0.22 -51.1% N/A
2018-04-27 2018-04-30 2018-05-20 Quarterly 0.45 -61.9% N/A
2018-01-29 2018-01-30 2018-02-20 Quarterly 1.18 84.4% N/A
2017-10-27 2017-10-30 2017-11-20 Quarterly 0.64 300% N/A
2017-07-26 2017-07-30 2017-08-20 Quarterly 0.16 -70.9% N/A
2017-04-26 2017-04-30 2017-05-20 Quarterly 0.55 292.9% N/A
2017-01-26 2017-01-30 2017-02-20 Quarterly 0.14 40% N/A
2016-10-26 2016-10-30 2016-11-20 Quarterly 0.1 -50% N/A
2016-07-27 2016-07-30 2016-08-20 Quarterly 0.2 0% N/A
2016-04-27 2016-04-30 2016-05-20 Quarterly 0.2 300% N/A
2016-01-27 2016-01-30 2016-02-20 Quarterly 0.05 25% N/A
2015-07-28 2015-07-30 2015-08-20 Quarterly 0.04 -93.8% N/A
2015-01-28 2015-01-30 2015-02-20 Quarterly 0.64 -27.3% N/A
2014-10-28 2014-10-30 2014-11-20 Quarterly 0.88 175% N/A
2014-07-28 2014-07-30 2014-08-20 Quarterly 0.32 -43.9% N/A
2014-01-28 2014-01-30 2014-02-20 Quarterly 0.57 11.8% N/A
2013-10-28 2013-10-30 2013-11-20 Quarterly 0.51 10.9% N/A
2013-07-26 2013-07-30 2013-08-20 Quarterly 0.46 475% N/A
2013-04-26 2013-04-30 2013-05-20 Quarterly 0.08 -83.7% N/A
2013-01-28 2013-01-30 2013-02-20 Quarterly 0.49 -56.6% N/A
2012-10-26 2012-10-30 2012-11-20 Quarterly 1.13 76.6% N/A
2012-07-26 2012-07-30 2012-08-20 Quarterly 0.64 884.6% N/A
2012-04-26 2012-04-30 2012-05-20 Quarterly 0.065 -91.4% N/A
2012-01-26 2012-01-30 2012-02-20 Quarterly 0.76 0% N/A

MSB Dividend FAQ

Mesabi Trust (NYSE: MSB) is a publicly traded royalty trust that receives a fixed-percentage royalty on iron-ore production from mines in the United States. Incorporated in 1961 and headquartered in New York, the trust does not operate mines itself but benefits from the underlying ore-price exposure of its partner operators.

What is the Dividend Yield of MSB?

As of February 2026, MSB`s dividend yield is 4.18%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.28 USD by the current share price of 35.20.

Does MSB pay a dividend?

As of February 2026, MSB paid a dividend of 1.28 USD in the last 12 months. The last dividend was paid on 2026-01-30 and the payout was 0.26 USD.

How often does MSB pay dividends?

MSB pays dividends quarterly. Over the last 12 months, MSB has issued 4 dividend payments. The last dividend payment was made on 2026-01-30.

MSB dividend forecast

Based on historical data, the forecasted dividends per share for MSB for the next 4 payments are between 0.66 (+153.8%) and 0.999 (+284.2%).
This represents a strong dividend growth compared to the last payment.

Will MSB pay dividends in 2026?

The latest dividend paid per share was 0.26 USD with an Ex-Dividend Date of 2026-01-30. The next Ex-Dividend date for Mesabi Trust (MSB) is currently unknown.

What is the next Ex-Dividend Date for MSB?

The next Ex-Dividend date for Mesabi Trust (MSB) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of MSB?

MSB's average dividend growth rate over the past 5 years is 24.9% per year.
Strong growth: MSB's Dividend growth is outpacing inflation.

What is the Yield on Cost of MSB?

MSB's 5-Year Yield on Cost is 7.70%. If you bought MSB's shares at 16.62 USD five years ago, your current annual dividend income (1.28 USD per share, trailing 12 months) equals 7.70% of your original purchase price.

What is the Payout Consistency of MSB?

MSB Payout Consistency is 56.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Very unstable: Mesabi Trust has a poor track record of dividend payments over its lifetime.

Does MSB have a good Dividend Yield?

MSB`s 4.18% Dividend Yield is considered as good. Make sure the dividend is sustainable: Check the Payouts-Ratio over time.

What is the Dividend Payout Ratio of MSB?

The Dividend Payout Ratio of MSB is 97.8%. Very high - REITs and BDCs are required by law to distribute 90% or more of their taxable income as dividends, making high payout ratios standard. Otherwise, proceed with caution.

What is the Dividend Rating of MSB?

MSB`s Overall Dividend Rating is 54.01%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

MSB Outstanding Shares Analysis

What is the Trend in MSB's Outstanding Shares?

Mesabi Trust's outstanding shares have decreased by approximately 0% annually over the past 3 years (Trend Reliability: 0.0%).

Neutral: Share count is relatively stable with minor dilution. This has minimal impact on dividend per share calculations.

Has MSB ever had a Stock Split?

No stock splits on record. The share count changes shown above reflect buybacks, new issuance, or employee compensation rather than structural splits.

Year Number of Shares Annual Growth Rate
1985 12,778,000
1986 10,000,000 -21.74%
1987 10,000,000
1988 13,120,000 +31.2%
1989 10,000,000 -23.78%
1990 12,500,000 +25%
1991 13,333,000 +6.66%
1992 10,000,000 -25%
1993 13,333,000 +33.33%
1994 15,000,000 +12.5%
1995 13,000,000 -13.33%
1996 13,000,000
1997 13,529,000 +4.07%
1998 13,158,000 -2.74%
1999 13,120,000 -0.29%
2000 13,120,000
2001 13,120,000
2002 13,120,000
2003 13,120,000
2004 13,120,000
2005 13,120,000
2006 13,120,000
2007 13,120,000
2008 13,120,000
2009 13,120,000
2010 13,120,000
2011 13,120,000
2012 13,120,000
2013 13,120,000
2014 13,120,000
2015 13,120,000
2016 13,120,000
2017 13,120,000
2018 13,120,000
2019 13,120,000
2020 13,120,000
2021 13,120,000
2022 13,120,000
2023 13,120,000
2024 13,120,000
2025 13,120,000

Key Metric Definitions

Dividend Yield
Annual dividend per share divided by current share price.
Payout Ratio
Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.
Payout FCF
Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.
Growth Rate (CAGR)
Compound annual growth rate of dividends over the last 5 years.
Consistency
Reliability of dividend payments over lifetime. Penalizes cuts and pauses.
Yield on Cost
Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.
Streak
Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.
Dividend Rating
Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-01-31 02:37