About Mesabi Trust (NYSE:MSB)
Mesabi Trust is a royalty trust. The purpose of the Trust is to conserve and protect the Trust Estate. The Trust operates in the iron ore mining segment. The Trust derives income from the Peter Mitchell Mine, an iron mine located near Babbitt, Minnesota, at the eastern end of the Mesabi Iron Range. The lessee/operator of Mesabi Trust's mineral interests is Northshore Mining Corporation (NMC), a subsidiary of Cliffs Natural Resources Inc. (Cliffs). NMC produces iron ore from Mesabi Trust Lands. The principal assets of Mesabi Trust consist of two different interests in certain properties in the Mesabi Iron Range: Mesabi Trust's interest as assignor in the Amended Assignment of Peters Lease and the Amended Assignment of Cloquet Lease and Mesabi Trust's ownership of the entire beneficial interest in the Mesabi Land Trust, which has interest as fee owner in the Peters Lease Lands and a fee ownership in certain non-mineral-bearing lands adjacent to the Peters and Cloquet Lease Lands.
Industry, Sector and Symbol
Industry Miscellaneous investing
Trailing P/E Ratio12.99
Forward P/E RatioN/A
Sales & Book Value
Annual Sales$34.56 million
Price / Sales9.17
Cash Flow$2.5801 per share
Price / Cash9.36
Book Value$0.78 per share
Price / Book30.96
EPS (Most Recent Fiscal Year)N/A
Net Income$9.61 million
Return on Equity242.99%
Return on Assets151.02%
Mesabi Trust (NYSE:MSB) Frequently Asked Questions
What is Mesabi Trust's stock symbol?
Mesabi Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "MSB."
How often does Mesabi Trust pay dividends? What is the dividend yield for Mesabi Trust?
Mesabi Trust declared a quarterly dividend on Monday, April 16th. Shareholders of record on Monday, April 30th will be paid a dividend of $0.45 per share on Sunday, May 20th. This represents a $1.80 annualized dividend and a yield of 7.45%. The ex-dividend date is Friday, April 27th. View Mesabi Trust's Dividend History.
How were Mesabi Trust's earnings last quarter?
Mesabi Trust (NYSE:MSB) released its quarterly earnings data on Thursday, September, 7th. The mining company reported $1.00 EPS for the quarter. The mining company earned $13.36 million during the quarter. Mesabi Trust had a net margin of 96.89% and a return on equity of 242.99%. View Mesabi Trust's Earnings History.
When is Mesabi Trust's next earnings date?
Who are some of Mesabi Trust's key competitors?
Some companies that are related to Mesabi Trust include Seabridge Gold (SA), North American Palladium (PDL), Verso (VRS), Veritiv (VRTV), Daqo New Energy (DQ), Altius Minerals (ALS), Nostrum Oil & Gas (NOG), Intrepid Potash (IPI), Dundee Precious Metals (DPM), Capstone Mining (CS), Ciner Resources (CINR), Uranium Participation (U), Athabasca Oil (ATH), OMNOVA Solutions (OMN), Highland Gold Mining (HGM), Tyman (TYMN), Major Drilling Group International (MDI) and Haynes International (HAYN).
Has Mesabi Trust been receiving favorable news coverage?
News stories about MSB stock have trended somewhat positive this week, Accern reports. Accern ranks the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Mesabi Trust earned a daily sentiment score of 0.12 on Accern's scale. They also assigned news coverage about the mining company an impact score of 45.41 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term.
How do I buy shares of Mesabi Trust?
Shares of MSB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Mesabi Trust's stock price today?
One share of MSB stock can currently be purchased for approximately $24.15.
How big of a company is Mesabi Trust?
Mesabi Trust has a market capitalization of $313.57 million and generates $34.56 million in revenue each year.
How can I contact Mesabi Trust?
Mesabi Trust's mailing address is 60 Wall Street 16 th Floor, NEW YORK NY, 10005. The mining company can be reached via phone at 904-271-2520.
MarketBeat Community Rating for Mesabi Trust (MSB)MarketBeat's community ratings are surveys of what our community members think about Mesabi Trust and other stocks. Vote "Outperform" if you believe MSB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MSB will underperform the S&P 500 over the long term. You may vote once every thirty days.
Mesabi Trust (NYSE:MSB) Dividend Information
Mesabi Trust pays an annual dividend of $4.72 per share, with a dividend yield of 19.54%. MSB's next quarterly dividend payment will be made on Sunday, May 20. The company has grown its dividend for the last 4 consecutive years and is increasing its dividend by an average of -5.60% each year.
|Dividend Growth:||-5.60% (3 Year Average)|
|Track Record:||4 Years of Consecutive Dividend Growth|
Mesabi Trust (NYSE:MSB) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Mesabi Trust (NYSE:MSB) SEC Filings
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