Mesabi Trust ( MSB ) will begin trading ex-dividend on January 26, 2017. A cash dividend payment of $0.14 per share is scheduled to be paid on February 20, 2017. Shareholders who purchased MSB prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 40% increase over prior dividend payment.
The previous trading day's last sale of MSB was $13.1, representing a -0.76% decrease from the 52 week high of $13.20 and a 254.05% increase over the 52 week low of $3.70.
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.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.