Mesabi Trust (Mesabi Trust) Dividend Payout Ratio : 1.03 (As of Jan. 2024)

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What is Mesabi Trust Dividend Payout Ratio?

Mesabi Trust's dividend payout ratio for the months ended in Jan. 2024 was 1.03.

The historical rank and industry rank for Mesabi Trust's Dividend Payout Ratio or its related term are showing as below:

MSB' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.14 Med: 0.86 Max: 4.64
Current: 0.5

During the past 13 years, the highest Dividend Payout Ratio of Mesabi Trust was 4.64. The lowest was 0.14. And the median was 0.86.

MSB's Dividend Payout Ratio is ranked worse than
72.61% of 303 companies
in the Steel industry
Industry Median: 0.29 vs MSB: 0.50

As of today (2024-04-27), the Dividend Yield % of Mesabi Trust is 4.16%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Mesabi Trust was 26.69%. The lowest was 0.93%. And the median was 9.07%.

Mesabi Trust's Dividends per Share for the months ended in Jan. 2024 was $0.37.

During the past 12 months, Mesabi Trust's average Dividends Per Share Growth Rate was -61.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -20.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -18.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Mesabi Trust was 221.80% per year. The lowest was -66.20% per year. And the median was 11.40% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Mesabi Trust Dividend Payout Ratio Historical Data

The historical data trend for Mesabi Trust's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mesabi Trust Dividend Payout Ratio Chart

Mesabi Trust Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Dividend Payout Ratio

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1.17

0.80

0.79

4.64

0.50

Mesabi Trust Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	-	1.13	1.03

Competitive Comparison of Mesabi Trust's Dividend Payout Ratio

For the Steel subindustry, Mesabi Trust's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Mesabi Trust's Dividend Payout Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Mesabi Trust's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Mesabi Trust's Dividend Payout Ratio falls into.

Mesabi Trust Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Mesabi Trust's Dividend Payout Ratio for the fiscal year that ended in Jan. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jan. 2024 )	/	EPS without NRI (A: Jan. 2024 )
	=	0.72	/	1.447
	=	0.50

Mesabi Trust's Dividend Payout Ratio for the quarter that ended in Jan. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jan. 2024 )	/	EPS without NRI (Q: Jan. 2024 )
	=	0.37	/	0.358
	=	1.03

Mesabi Trust (NYSE:MSB) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Mesabi Trust Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Mesabi Trust's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Mesabi Trust (Mesabi Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Mesabi Trust (NYSE:MSB) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Deutsche Bank Trust Company Americas Trust & Agency Services, 1 Columbus Circle, 17th Floor, New York, NY, USA, 10019

Website

http://www.mesabi-trust.com

Mesabi Trust operates as a royalty trust in the United States. The company involves in the conservation and protection of the assets held. Its principally wholly-owned segment is iron ore mining segment and it generates income from the Peter Mitchell Mine, an iron mine located near Babbitt, Minnesota, at the eastern end of the Mesabi Iron Range. The principal assets of the firm consist of two different interests in certain properties in the Mesabi Iron Range and beneficial interest in the Mesabi Land Trust.

Executives

Robin M. Radke	other: Trustee of Mesabi Trust	C/O DEUTSCHE BANK TRUST COMPANY AMERICAS, 60 WALL STREET, 16TH FLOOR, NEW YORK NY 10005
Michael P Mlinar	other: Trustee of Mesabi Trust	444 WEST ANOKA STREET, DULUTH MN 55803
Robert C. Berglund	other: Trustee	P.O. BOX 351, CORONA NM 88318
James A Ehrenberg	other: Trustee	295 KOPP DRIVE, WEST ST. PAUL MN 55118