MSB (Mesabi Trust) Dividend Payout Ratio: 2.89 (As of Apr. 2026) — 236% Above Median

What is Mesabi Trust Dividend Payout Ratio?

Mesabi Trust MSB +0.16% 75 Dividend Payout Ratio is 2.89 as of Apr. 2026, which is 236% above its 10-year median of 0.86. GuruFocus rates MSB with a GF Score™ of 75/100 and a GF Value™ of $18.16 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 272 Steel companies, Mesabi Trust ranks worse than 88.6% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Mesabi Trust's Dividend Payout Ratio for the months ended in Apr. 2026 was 2.89.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Mesabi Trust is 1.11, which seems too high.

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: 0.35 Med: 0.86 Max: 4.64
Current: 1.11

During the past 13 years, the highest Dividend Payout Ratio of Mesabi Trust was 4.64. The lowest was 0.35. And the median was 0.86.

MSB's Dividend Payout Ratio is ranked worse than
88.6% of 272 companies
in the Steel industry
Industry Median: 0.39 vs MSB: 1.11

As of today (2026-06-25), the Dividend Yield % of Mesabi Trust is 3.95%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Mesabi Trust was 26.69%. The lowest was 1.67%. And the median was 6.35%.

Mesabi Trust's Dividends per Share for the months ended in Apr. 2026 was $0.24.

During the past 12 months, Mesabi Trust's average Dividends Per Share Growth Rate was -23.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -12.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -15.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 10.20% 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 11.20% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Mesabi Trust (NYSE:MSB) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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

Mesabi Trust Dividend Payout Ratio Historical Data

* Premium members only.

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.

Mesabi Trust Dividend Payout Ratio Chart

Mesabi Trust Annual Data

Trend

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Jan25

Jan26

Dividend Payout Ratio

Get a 7-Day Free Trial

0.79

4.64

0.50

0.35

1.21

Mesabi Trust Quarterly Data
	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25	Apr25	Jul25	Oct25	Jan26	Apr26
Dividend Payout Ratio	Get a 7-Day Free Trial															2.02	0.33	1.61	1.25	2.89

MSB vs FRD, LUD, ZKIN: Dividend Payout Ratio Comparison

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 Dividend Payout Ratio vs 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.

Save Embed

75GF Score

Mesabi Trust MSB

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Mesabi Trust Dividend Payout Ratio Calculation

Mesabi Trust's Dividend Payout Ratio for the fiscal year that ended in Jan. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jan. 2026 )	/	EPS without NRI (A: Jan. 2026 )
	=	1.28	/	1.057
	=	1.21

Mesabi Trust's Dividend Payout Ratio for the quarter that ended in Apr. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Apr. 2026 )	/	EPS without NRI (Q: Apr. 2026 )
	=	0.24	/	0.083
	=	2.89

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 2.89 mean?

Mesabi Trust (MSB) has a Dividend Payout Ratio of 2.89 as of Apr. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Mesabi Trust and its competitors. This is 236% above median its historical median of 0.86. Over the past decade, Mesabi Trust's Dividend Payout Ratio has ranged from 0.35 to 4.64. According to the industry distribution chart, Mesabi Trust ranks #241 out of 272 companies in the Steel industry, placing it in the top 88.6%.

Is Mesabi Trust's Dividend Payout Ratio too high?

Mesabi Trust's current Dividend Payout Ratio of 2.89 is 236% above median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 4.64. The Steel industry median Dividend Payout Ratio is 0.39. Mesabi Trust's value of 2.89 is 641% above this industry median. Based on the distribution chart, Mesabi Trust ranks #241 out of 272 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Mesabi Trust has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Mesabi Trust's Dividend Payout Ratio compare to FRD and LUD?

According to the Steel industry distribution chart, Mesabi Trust ranks #241 out of 272 companies for Dividend Payout Ratio. This places Mesabi Trust in the lower half of its industry. The industry median Dividend Payout Ratio is 0.39. Mesabi Trust's value of 2.89 is 641% above this benchmark. Historically, Mesabi Trust's own Dividend Payout Ratio has ranged from 0.35 to 4.64 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 0.39, Mesabi Trust has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Dividend Payout Ratio for a Steel company?

The median Dividend Payout Ratio among Steel companies is 0.39, based on 272 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mesabi Trust's current Dividend Payout Ratio of 2.89 is 641% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Dividend Payout Ratio mean?

A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Mesabi Trust and its competitors. For the Steel industry, the median Dividend Payout Ratio is 0.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mesabi Trust's current Dividend Payout Ratio is 2.89, which is 236% above median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Mesabi Trust stock overvalued right now?

Based on GuruFocus' analysis, Mesabi Trust (MSB) is currently considered Significantly Overvalued. The stock's GF Value™ is $18.16, compared to a current price of $24.35 — trading 34.1% above its estimated fair value. The current Dividend Payout Ratio is 2.89, which is 236% above median its 10-year median of 0.86 and 641% above the Steel industry median of 0.39. Mesabi Trust's overall GF Score™ is 75/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Dividend Payout Ratio calculated?

Dividend Payout Ratio is calculated from a company's financial statements. For Mesabi Trust (MSB), the current Dividend Payout Ratio is 2.89 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mesabi Trust (MSB) Overvalued in 2026?

Based on GuruFocus' analysis, Mesabi Trust stock appears to be overvalued. The current stock price of $24.35 is trading 34.1% above its estimated GF Value™ of $18.16. GuruFocus considers Mesabi Trust to be Significantly Overvalued.

Key valuation signals for MSB:

Dividend Payout Ratio: 2.89 (236% above median its 10-year median of 0.86)
GF Value™: $18.16 vs. price of $24.35 (34.1% above fair value)
GF Score™: 75/100 with 4 warning signs
Industry Position: 641% above the Steel median (#241 of 272)

No single metric tells the full story. See the MSB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Mesabi Trust Business Description

Industry Basic Materials Steel

Comparable Companies FRD LUD ZKIN HLP HUDI INHD MTUS NWPX NUE XAMS:MT STLD BOM:500228 NSE:TATASTEEL XKRX:005490 RS SHSE:600019 TSE:5401 SHSE:600010 BOM:532286 BOM:512455

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

Website https://www.mesabi-trust.com

Mesabi Trust operates as a royalty trust in the United States. The company is involved in the conservation and protection of its assets. The company's principally wholly-owned segment is the iron ore mining segment, which generates income from the Peter Mitchell Mine, an iron mine located near Babbitt, Minnesota, at the northeastern end of the Mesabi Iron Range.

75GF Score

Get the complete analysis for MSB

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$24.35

Price

$18.16

GF Value

View MSB Analysis

See Dividend Payout Ratio data for all stocks →