MSB Ex-Dividend Reminder - 7/26/13

Looking at the universe of stocks we cover at Dividend Channel, on 7/26/13, Mesabi Trust (MSB) will trade ex-dividend, for its quarterly dividend of $0.46, payable on 8/20/13. As a percentage of MSB's recent stock price of $18.28, this dividend works out to approximately 2.52%, so look for shares of Mesabi Trust to trade 2.52% lower — all else being equal — when MSB shares open for trading on 7/26/13.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for MSB, showing historical dividends prior to the most recent $0.46 declared by Mesabi Trust:

MSB+Dividend+History+Chart

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 10.06% 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:

Mesabi Trust 200 Day Moving Average Chart

Looking at the chart above, MSB's low point in its 52 week range is $17.07 per share, with $30.65 as the 52 week high point — that compares with a last trade of $18.37.

In Wednesday trading, Mesabi Trust shares are currently up about 0.2% on the day.

null

More from Stocks

Stocks Weaken Around The World as Trump Opens New Fronts in Global Trade War

Stocks Weaken Around The World as Trump Opens New Fronts in Global Trade War

Trump Puts Tech in Trade War Crosshairs With Planned Curb on China Investment

Trump Puts Tech in Trade War Crosshairs With Planned Curb on China Investment

Trump, Trade Wars, General Electric, 'Jurassic World' - 5 Things You Must Know

Trump, Trade Wars, General Electric, 'Jurassic World' - 5 Things You Must Know

Markets Look Confused After Latest Beating

Markets Look Confused After Latest Beating

General Electric Expulsion From Dow Symbolizes Unsettled Week in Markets

General Electric Expulsion From Dow Symbolizes Unsettled Week in Markets