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Units Ben. Int./Mesabi Trust Dividend Announcement

(NYSE:MSB), www.mesabi-trust.com

DIVIDEND ANNOUNCEMENT: Units Ben. Int./Mesabi Trust (NYSE:MSB) on 07/12/2019 declared a dividend of $0.2100 per share

July 12, 2019

Units Ben. Int./Mesabi Trust (NYSE:MSB) on 07/12/2019 declared a dividend of $ 0.2100 per share payable on August 20, 2019 to shareholders of record as of July 30, 2019. Dividend amount recorded is a decrease of $ 0.68 from last dividend Paid.

Units Ben. Int./Mesabi Trust (NYSE:MSB) has paid dividends since 1990, has a current dividend yield of 11.0645160675% and has increased its dividends for 2 successive years.

Units Ben. Int./Mesabi Trust's market cap is $ 406,720,000 and has a PE ratio of 9.21. The stock price closed yesterday at $ 31.00 and has a 52 week low/high of $ 22.88 and $ 32.68.

Mesabi Trust is a 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 in St. Louis County, MN; 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.

For more information on Units Ben. Int./Mesabi Trust click here.

Units Ben. Int./Mesabi Trust current dividend information as per the date of this press release is:
Dividend Declaration Date: July 12, 2019
Dividend Ex Date: July 29, 2019
Dividend Record Date: July 30, 2019
Dividend Payment Date: August 20, 2019
Dividend Amount: $ 0.2100
 
 

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