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Mesabi Trust (MSB)

Basic Materials | Steel | New York, United States | NYSE
30.96 USD +0.15 (0.487%) ⇧ (April 17, 2026, 1:06 p.m. EDT)

Short-term: ★★☆☆☆ | Long-term: ★★★☆☆ | Dividends: ★★★★☆
Hot Take | April 11, 2026, 1:20 p.m. EDT

Mesabi Trust (MSB) offers a high dividend yield with a solid payout ratio, making it attractive for income-focused investors. However, the recent price history shows volatility and a downward trend over the past few weeks, which could be a buy-the-dip opportunity for short-term traders. The long-term outlook is mixed due to the company's exposure to macroeconomic headwinds and operational challenges, such as the mine shutdown and royalty disputes. While the fundamentals are somewhat stable, the lack of consistent earnings growth and revenue growth raises concerns for long-term investors. Overall, MSB could be considered a moderate-risk investment with potential for short-term gains but requires careful monitoring.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.058477
AutoARIMA0.060959
AutoETS0.062574
AutoTheta0.086850

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 54%
H-stat 2.88
Ljung-Box p 0.000
Jarque-Bera p 0.063
Excess Kurtosis -0.23
Attribute Value
Sector Basic Materials
Ex Dividend Date 2026-04-29
Last Dividend Date 2026-01-29
Revenue per Share 1.584
Market Cap 406,195,488
Trailing P/E 23.63
Forward P/E -1.56
Beta 0.50
Profit Margins 82.80%
Website https://mesabi-trust.com

As of April 11, 2026, 1:20 p.m. EDT: Options speculators are showing mixed signals. Calls are heavily weighted towards out-of-the-money strikes, particularly for the June and September expirations, indicating potential for upward movement. However, puts are showing significant activity on the lower end, suggesting some bearish sentiment. The high open interest on out-of-the-money puts may indicate caution or a potential short-term correction. The low implied volatility on both calls and puts suggests a lack of strong directional bias from options traders.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.79% 4.24% 13.40% 14.61%
Dividend History
Date Dividend Yield %
2026-01-30 0.260 0.790274
2025-10-30 0.340 0.981521
2025-07-30 0.120 0.423678
2025-04-30 0.560 2.047629
2025-01-30 5.950 24.577228
2024-10-30 0.390 2.068763
2024-07-30 0.300 2.250724
2024-04-29 0.290 2.238403
2024-01-29 0.370 2.477284
2023-10-27 0.350 2.348800
2022-07-28 0.840 4.463956
2022-04-28 1.040 6.008185
2022-01-27 1.750 8.364566
2021-10-28 1.420 9.496836
2021-07-29 0.090 0.417277
2021-04-29 0.890 4.114842
2021-01-28 0.460 3.003606
2020-10-29 0.360 2.592871
2020-07-29 0.050 0.507333
2020-04-29 0.560 6.680405
2020-01-29 0.700 5.915666
2019-10-29 0.870 6.878979
2019-07-29 0.210 1.508827
2019-04-29 0.890 5.830119
2019-01-29 1.390 10.551621
2018-10-29 0.940 7.048499
2018-07-27 0.220 1.757843
2018-04-27 0.450 4.309852
2018-01-29 1.180 9.639448
2017-10-27 0.640 6.426347
2017-07-26 0.160 2.850141
2017-04-26 0.550 8.550173
2017-01-26 0.140 2.506815
2016-10-26 0.100 2.660449
2016-07-27 0.200 4.885773
2016-04-27 0.200 5.894664
2016-01-27 0.050 3.338228
2015-07-28 0.040 0.953582
2015-01-28 0.640 10.120830
2014-10-28 0.880 12.922724
2014-07-28 0.320 4.946913
2014-01-28 0.570 8.034051
2013-10-28 0.510 7.824372
2013-07-26 0.460 8.015830
2013-04-26 0.080 1.233795
2013-01-28 0.490 6.593035
2012-10-26 1.130 13.940644
2012-07-26 0.640 8.509433
2012-04-26 0.065 0.735589
2012-01-26 0.760 8.294293
2011-10-26 1.120 15.261816
2011-07-27 0.600 7.469795
2011-04-27 0.050 0.549826
2011-01-26 0.650 7.011551
2010-10-27 0.910 8.535174
2010-07-28 0.800 13.990681
2010-04-28 0.125 2.428335
2010-01-27 0.550 15.766366
2009-10-28 0.220 9.836935
2009-04-28 0.380 18.068696
2009-01-28 0.110 5.489909
2008-10-28 1.250 51.176741
2008-07-28 1.000 18.477568
2008-04-28 0.120 2.493471
2008-01-28 0.515 13.091021
2007-10-26 0.480 11.788155
2007-07-26 0.310 9.047435
2007-04-26 0.045 1.244911
2007-01-26 0.315 7.133698
2006-10-26 0.585 14.369208
2006-07-26 0.400 12.353477
2006-04-26 0.300 7.842302
2006-01-26 0.470 13.806143
2005-10-26 0.360 13.508710
2005-07-27 0.370 14.970504
2005-04-27 0.330 14.503878
2005-01-26 0.295 12.506432
2004-10-27 0.250 17.266300
2004-07-28 0.175 15.264932
2004-04-28 0.050 5.115768
2004-01-28 0.300 29.923339
2003-10-28 0.120 17.431068
2003-07-28 0.070 10.411186
2003-01-28 0.190 32.784689
2002-10-28 0.120 24.565705
2002-07-26 0.050 10.424452
2002-01-28 0.080 21.808411
2001-10-26 0.105 31.725719
2001-07-26 0.070 21.121536
2001-01-26 0.130 40.731125
2000-10-26 0.175 49.074037
2000-07-26 0.100 30.064847
2000-01-26 0.180 65.431810
1999-10-27 0.115 49.708710
1999-07-28 0.060 23.143126
1999-01-27 0.155 63.607054
1998-10-28 0.184 62.077777
1998-07-28 0.110 36.488019
1998-01-28 0.265 88.900113
1997-10-28 0.160 61.121919
1997-01-28 0.145 48.114919
1996-10-28 0.190 68.802247
1996-07-26 0.085 33.152433
1996-01-26 0.120 52.566973
1995-10-26 0.065 31.516142
1995-01-24 0.060 29.604967
1994-10-24 0.060 36.647416
1994-07-25 0.060 31.829287
1994-01-24 0.100 58.256988
1993-10-25 0.100 65.256303
1993-07-26 0.050 45.734748
1993-04-26 0.025 26.540846
1993-01-25 0.050 44.794710
1992-10-26 0.020 33.079165
1992-04-24 0.027 25.175560
1992-01-24 0.035 33.031348
1991-10-24 0.040 40.538256
1991-07-24 0.020 17.540586
1991-04-24 0.050 40.171026
1991-01-24 0.050 45.006449
1990-10-24 0.050 45.974328
1990-07-24 0.150 104.148932
1973-04-24 0.251 62.930297
Additional Data
dividendRate 0.96
dividendYield 3.12
exDividendDate 2026-04-30
trailingAnnualDividendRate 6.97
trailingAnnualDividendYield 0.22622524
lastDividendValue 0.26
lastDividendDate 2026-01-30
dividendDate 2026-02-20

Info Dump

Attribute Value
52 Week Change 0.13858092
Address1 1 Columbus Circle
Address2 17th Floor Mail Stop: NYC01-1710
All Time High 57.94
All Time Low 1.0
Ask 31.15
Ask Size 100
Average Daily Volume10 Day 50,820
Average Daily Volume3 Month 51,481
Average Volume 51,481
Average Volume10Days 50,820
Beta 0.498
Bid 30.81
Bid Size 100
Book Value 1.607
City New York
Country United States
Crypto Tradeable 0
Currency USD
Current Price 30.96
Current Ratio 5.294
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 31.9999
Day Low 30.6
Dividend Date 1,771,545,600
Dividend Rate 0.96
Dividend Yield 3.12
Earnings Growth -0.965
Earnings Quarterly Growth -0.965
Earnings Timestamp End 1,757,361,600
Earnings Timestamp Start 1,756,929,600
Ebitda Margins 0.0
Enterprise To Revenue 18.332
Enterprise Value 381,035,584
Eps Forward -19.83
Eps Trailing Twelve Months 1.31
Esg Populated 0
Ex Dividend Date 1,777,507,200
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 32.0138
Fifty Day Average Change -1.0538025
Fifty Day Average Change Percent -0.03291713
Fifty Two Week Change Percent 13.858091
Fifty Two Week High 42.38
Fifty Two Week High Change -11.420002
Fifty Two Week High Change Percent -0.26946676
Fifty Two Week Low 22.55
Fifty Two Week Low Change 8.41
Fifty Two Week Low Change Percent 0.372949
Fifty Two Week Range 22.55 - 42.38
Financial Currency USD
First Trade Date Milliseconds 99,153,000,000
Five Year Avg Dividend Yield 11.93
Float Shares 13,109,908
Forward Eps -19.83
Forward P E -1.5612707
Free Cashflow 12,327,453
Full Exchange Name NYSE
Gmt Off Set Milliseconds -14,400,000
Gross Margins 1.0
Gross Profits 20,785,076
Has Pre Post Market Data 1
Held Percent Insiders 0.00077
Held Percent Institutions 0.48714
Implied Shares Outstanding 13,120,010
Industry Steel
Industry Disp Steel
Industry Key steel
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,769,731,200
Last Dividend Value 0.26
Last Fiscal Year End 1,738,281,600
Long Business Summary Mesabi Trust, a royalty trust, engages in iron ore mining business in the United States. The company was incorporated in 1961 and is based in New York, New York.
Long Name Mesabi Trust
Market us_market
Market Cap 406,195,488
Market State REGULAR
Max Age 86,400
Message Board Id finmb_288778
Most Recent Quarter 1,761,868,800
Net Income To Common 17,209,594
Next Fiscal Year End 1,769,817,600
Non Diluted Market Cap 404,227,508
Open 31.0
Operating Cashflow 19,384,244
Operating Margins 0.77078
Payout Ratio 0.77779996
Phone 904 271 2520
Previous Close 30.81
Price Hint 2
Price To Book 19.265713
Price To Sales Trailing12 Months 19.54265
Profit Margins 0.82798
Quick Ratio 5.247
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.14999962
Regular Market Change Percent 0.4868537
Regular Market Day High 31.9999
Regular Market Day Low 30.6
Regular Market Day Range 30.6 - 31.9999
Regular Market Open 31.0
Regular Market Previous Close 30.81
Regular Market Price 30.96
Regular Market Time 1,776,445,596
Regular Market Volume 40,214
Return On Assets 0.17066999
Return On Equity 0.29567
Revenue Growth -0.541
Revenue Per Share 1.584
Sand P52 Week Change 0.36506534
Sector Basic Materials
Sector Disp Basic Materials
Sector Key basic-materials
Shares Outstanding 13,120,010
Shares Percent Shares Out 0.0093
Shares Short 121,933
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 112,398
Short Name Mesabi Trust
Short Percent Of Float 0.0119
Short Ratio 2.12
Source Interval 15
State NY
Symbol MSB
Total Cash 23,191,924
Total Cash Per Share 1.768
Total Debt 0
Total Revenue 20,785,076
Tradeable 0
Trailing Annual Dividend Rate 6.97
Trailing Annual Dividend Yield 0.22622524
Trailing Eps 1.31
Trailing P E 23.633589
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 32.34615
Two Hundred Day Average Change -1.3861504
Two Hundred Day Average Change Percent -0.042853642
Type Disp Equity
Volume 40,214
Website https://mesabi-trust.com
Zip 10,019