Mesabi Trust (MSB)
| Market Cap | 352.80M |
| Revenue (ttm) | 20.74M |
| Net Income (ttm) | 18.50M |
| Shares Out | 13.12M |
| EPS (ttm) | 1.41 |
| PE Ratio | 19.38 |
| Forward PE | n/a |
| Dividend | $1.43 |
| Dividend Yield | 5.23% |
| Trading Day | January 15 |
| Last Price | $27.33 |
| Previous Close | $28.09 |
| Change ($) | -0.76 |
| Change (%) | -2.71% |
| Day's Open | 27.88 |
| Day's Range | 27.10 - 28.18 |
| Day's Volume | 54,118 |
| 52-Week Range | 9.27 - 29.50 |
NEW YORK--(BUSINESS WIRE)--The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of forty-six cents ($0.46) per Unit of Beneficial Interest payable on February 20, 2021 to Mesabi Tru...
Mesabi Trust is likely to enjoy a strong 2021 on iron ore pricing offering a favorable setup for yield centric-investors. On a macro view, should investors look beyond fixed income for yield, ...
Horizon Kinetics leader Murray Stahl (Trades, Portfolio) disclosed earlier this week he expanded the firm's stake in Mesabi Trust (NYSE:MSB) by 18.04%.
NEW YORK--(BUSINESS WIRE)--The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of thirty-six cents ($0.36) per Unit of Beneficial Interest payable on November 20, 2020 to Mesabi Tr...
Stay Away From Mesabi Trust Due To Poor Short-Term Dividend Outlook
Mesabi Trust: A 12% Dividend With A Positive Outlook On Iron Ore
I love “secret dividends.” They’re one of the few safe ways to collect yields up to 11.9% in a 1.9% world!
About MSB
Mesabi Trust, a royalty trust, engages in the iron ore mining business in the United States. The company was founded in 1961 and is based in New York, New York.
| Industry Steel | Founded 1961 |
| Stock Exchange NYSE | Ticker Symbol MSB |
Financial Performance
In 2019, Mesabi Trust's revenue was $31.99 million, a decrease of -32.36% compared to the previous year's $47.29 million. Earnings were $30.06 million, a decrease of -34.03%.
Analyst Forecasts
The average 12-month stock price forecast for Mesabi Trust is 33.00, which is an increase of 20.75% from the latest price.