Mesabi Trust ( MSB ) will begin trading ex-dividend on April 26, 2017. A cash dividend payment of $0.55 per share is scheduled to be paid on May 20, 2017. Shareholders who purchased MSB prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 292.86% increase over prior dividend payment. At the current stock price of $16.7, the dividend yield is 13.17%.
The previous trading day's last sale of MSB was $16.7, representing a -4.12% decrease from the 52 week high of $17.42 and a 110.06% increase over the 52 week low of $7.95.
MSB is a part of the Basic Industries sector, which includes companies such as BHP Billiton Limited ( BHP ) and Rio Tinto Plc ( RIO ). MSB's current earnings per share, an indicator of a company's profitability, is $.6.