MSB - Mesabi Trust

NYSE - NYSE Delayed Price. Currency in USD
29.09
+0.27 (+0.94%)
At close: 4:02PM EDT
Stock chart is not supported by your current browser
Previous Close28.82
Open28.92
Bid25.50 x 800
Ask29.18 x 1800
Day's Range28.92 - 29.38
52 Week Range22.88 - 32.68
Volume51,773
Avg. Volume53,926
Market Cap381.661M
Beta (3Y Monthly)1.15
PE Ratio (TTM)8.64
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.84 (2.91%)
Ex-Dividend Date2019-07-29
1y Target EstN/A
Trade prices are not sourced from all markets
  • Dow Jones Trims Early Stock Market Losses; Why Apple Is Still In Buy Range
    Investor's Business Daily3 months ago

    Dow Jones Trims Early Stock Market Losses; Why Apple Is Still In Buy Range

    The Dow Jones Industrial Average saw losses in Boeing and its cyclical components while Apple continued its breakout. Techs are holding up better.

  • Here is What Hedge Funds Think About Mesabi Trust (MSB)
    Insider Monkey7 months ago

    Here is What Hedge Funds Think About Mesabi Trust (MSB)

    A market correction in the fourth quarter, spurred by a number of global macroeconomic concerns and rising interest rates ended up having a negative impact on the markets and many hedge funds as a result. The stocks of smaller companies were especially hard hit during this time as investors fled to investments seen as being […]

  • Simply Wall St.10 months ago

    Can Mesabi Trust’s (NYSE:MSB) ROE Continue To Surpass The Industry Average?

    This article is intended for those of you who are at the beginning of your investing journey and want to learn about Return on Equity using a real-life example. MesabiRead More...

  • 3 Big Winners With 4% Dividend Yields
    Motley Fool10 months ago

    3 Big Winners With 4% Dividend Yields

    Find the stocks that will reward you two ways.

  • 7 Elite Dividend Stocks to Consider Now
    InvestorPlace11 months ago

    7 Elite Dividend Stocks to Consider Now

    The stock market is on a bull run for the record books. If you have some money to invest and you’re not totally convinced that now is the time be stocking up on popular growth stocks, then take a look at these seven elite dividend-paying stocks. You get the best of both worlds with these dividend stocks.

  • Royalty Trusts: 10 Little-Known High-Yield Energy Plays
    Kiplinger11 months ago

    Royalty Trusts: 10 Little-Known High-Yield Energy Plays

    Royalty trusts can be great holdings for investors who want income that rises in sync with commodity prices. These trusts hold interests in oil, gas or mineral production and collect more income when energy prices rise, resulting in bigger distributions (similar to dividends) and high yields for their investors. So far in 2018, royalty trust investors have benefited from a 12% improvement in sale prices for benchmark West Texas Intermediate (WTI) crude oil, which was recently trading at $67 a barrel. Prices are now up nearly 150% from their low of about $27 per barrel two years ago. Royalty trusts typically offer high yields, frequently better than 7%. And many of these trusts have increased their distributions multiple times this year thanks to higher energy prices. The principal drawback: Distributions decline over time because the trust's energy reserves deplete; royalty income from oil and gas sales gradually drops to zero. Royalty trusts are required to disclose and annually update estimates of their remaining reserve life - though conservative estimates mean many trusts live on well past their expected termination date. Royalty trust distributions also can move along with energy prices, which means they don't just rise - they can drop, too. And that tax advantage comes with more complex tax reporting; investors sometimes must pay income taxes to multiple states if the trust's assets are spread over several jurisdictions. Still, royalty trusts' high-income potential should earn them a spot in most portfolios. These 10 royalty trusts in particular offer high yields that fly far under Wall Street's radar. SEE ALSO: 53 Best Dividend Stocks for 2018 and Beyond