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Mesabi Trust (Mesabi Trust) 3-Year Dividend Growth Rate

: -11.00% (As of Oct. 2023)
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Mesabi Trust's Dividends per Share for the three months ended in Oct. 2023 was $0.35.

The historical rank and industry rank for Mesabi Trust's 3-Year Dividend Growth Rate or its related term are showing as below:

MSB' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -66.2   Med: 13.65   Max: 221.8
Current: -11

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Mesabi Trust was 221.80% per year. The lowest was -66.20% per year. And the median was 13.65% per year.

MSB's 3-Year Dividend Growth Rate is ranked worse than
83.93% of 224 companies
in the Steel industry
Industry Median: 17.15 vs MSB: -11.00

During the past 12 months, Mesabi Trust's average Dividends Per Share Growth Rate was -90.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -11.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -3.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Mesabi Trust's Dividend Payout Ratio for the three months ended in Oct. 2023 was 1.13. As of today, Mesabi Trust's Dividend Yield % is 4.24%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Steel subindustry, Mesabi Trust's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mesabi Trust 3-Year Dividend Growth Rate Distribution

For the Steel industry and Basic Materials sector, Mesabi Trust's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Mesabi Trust's 3-Year Dividend Growth Rate falls into.



Mesabi Trust 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Mesabi Trust  (NYSE:MSB) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Mesabi Trust's Dividend Payout Ratio for the quarter that ended in Oct. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Oct. 2023 )/ EPS without NRI (Q: Oct. 2023 )
=0.35/ 0.311
=1.13

During the past 13 years, the highest Dividend Payout Ratio of Mesabi Trust was 4.64. The lowest was 0.14. And the median was 0.92.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Mesabi Trust Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3702024-01-292024-01-302024-02-20Cash DividendquarterlyUSD:USD 1.000000
USD 0.3502023-10-272023-10-302023-11-20Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Mesabi Trust's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.72/17.00
=4.24 %

Current Share Price is $17.00.
Mesabi Trust's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.72.

During the past 13 years, the highest Dividend Yield of Mesabi Trust was 26.69%. The lowest was 0.93%. And the median was 9.19%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Mesabi Trust 3-Year Dividend Growth Rate Related Terms>


Mesabi Trust (Mesabi Trust) Business Description

Industry
Traded in Other Exchanges
N/A
Address
c/o Deutsche Bank Trust Company Americas Trust & Agency Services, 1 Columbus Circle, 17th Floor, New York, NY, USA, 10019
Mesabi Trust operates as a royalty trust in the United States. The company involves in the conservation and protection of the assets held. Its principally wholly-owned segment is iron ore mining segment and it generates income from the Peter Mitchell Mine, an iron mine located near Babbitt, Minnesota, at the eastern end of the Mesabi Iron Range. The principal assets of the firm consist of two different interests in certain properties in the Mesabi Iron Range and beneficial interest in the Mesabi Land Trust.
Executives
Robin M. Radke other: Trustee of Mesabi Trust C/O DEUTSCHE BANK TRUST COMPANY AMERICAS, 60 WALL STREET, 16TH FLOOR, NEW YORK NY 10005
Michael P Mlinar other: Trustee of Mesabi Trust 444 WEST ANOKA STREET, DULUTH MN 55803
Robert C. Berglund other: Trustee P.O. BOX 351, CORONA NM 88318
James A Ehrenberg other: Trustee 295 KOPP DRIVE, WEST ST. PAUL MN 55118

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