Mesabi Trust (NYSE:MSB) on 10/11/2018 declared a dividend of $ 0.9400 per share payable on November 20, 2018 to shareholders of record as of October 30, 2018. Dividend amount recorded is an increase of $ 0.72 from last dividend Paid.

Mesabi Trust (NYSE:MSB) has paid dividends since 1990, has a current dividend yield of 9.39% and has increased its dividends for 1 successive years.

Mesabi Trust's market cap is $ 389,664,000 and has a PE ratio of 10.69. The stock price closed yesterday at $ 29.70 and has a 52 week low/high of $ 20.60 and $ 32.67.

Mesabi Trust is a royalty trust that holds all of the interests formerly owned by Mesabi Iron Company. Co.'s principal assets consist of two different interests in certain properties in the Mesabi Iron Range: Co.'s interest as assignor in the Amended Assignment of Peters Lease and the Amended Assignment of Cloquet Lease, which together cover properties (the Peters Lease Lands and the Cloquet Lease Lands, respectively); and Co.'s ownership of the entire beneficial interest in the Mesabi Land Trust, which has a 20% interest as fee owner in the Peters Lease Lands and a 100% fee ownership in certain non-mineral-bearing lands adjacent to the Peters and Cloquet Lease Lands.

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