Mesabi Trust (MSB) will begin trading ex-dividend on October 29, 2020. A cash dividend payment of $0.36 per share is scheduled to be paid on November 20, 2020. Shareholders who purchased MSB prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 620% increase over prior dividend payment. At the current stock price of $24.15, the dividend yield is 5.96%.
The previous trading day's last sale of MSB was $24.15, representing a -6.1% decrease from the 52 week high of $25.72 and a 147.44% increase over the 52 week low of $9.76.
MSB is a part of the Basic Industries sector, which includes companies such as BHP Group Limited (BHP) and Rio Tinto Plc (RIO). MSB's current earnings per share, an indicator of a company's profitability, is $1.49.
For more information on the declaration, record and payment dates, visit the MSB Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.