NEW YORK ( TheStreet) -- The ex-dividend date for Mesabi (NYSE: MSB) is tomorrow, April 27, 2011. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $35.20 as of 9:30 a.m. ET, the dividend yield is 0.6%. The average volume for Mesabi has been 214,300 shares per day over the past 30 days. Mesabi has a market cap of $461.2 million and is part of the financial sector and financial services industry. Shares are down 9.5% year to date as of the close of trading on Monday. Mesabi Trust operates as a grantor trust in the United States. The company has a P/E ratio of 14.2, equal to the average financial services industry P/E ratio and below the S&P 500 P/E ratio of 16.7.
- Practice your dividend trading strategies and win cash in our stock game.