Looking at the universe of stocks we cover at Dividend Channel, on 1/28/14, Mesabi Trust (MSB) will trade ex-dividend, for its quarterly dividend of $0.57, payable on 2/20/14. As a percentage of MSB's recent stock price of $22.97, this dividend works out to approximately 2.48%, so look for shares of Mesabi Trust to trade 2.48% lower — all else being equal — when MSB shares open for trading on 1/28/14.
Below is a dividend history chart for MSB, showing historical dividends prior to the most recent $0.57 declared by Mesabi Trust:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MSB is likely to continue, and whether the current estimated yield of 9.93% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MSB shares, versus its 200 day moving average:Looking at the chart above, MSB's low point in its 52 week range is $17.07 per share, with $25.62 as the 52 week high point — that compares with a last trade of $22.97.
In Friday trading, Mesabi Trust shares are currently down about 0.9% on the day.