Mesabi Trust is a trust that holds all of the interests formerly owned by Mesabi Iron Company. The principal assets of Co. consist of two different interests in certain properties in the Mesabi Iron Range: Co.'s interest as assignor in the Amended Assignment of Peters Lease and the Amended Assignment of Cloquet Lease in St. Louis County, MN (the Peters Lease Lands and the Cloquet Lease Lands, respectively); and Co.'s ownership of the entire beneficial interest in the Mesabi Land Trust, which has a 20% interest as fee owner in the Peters Lease Lands and a 100% fee ownership in certain non-mineral-bearing lands adjacent to the Peters and Cloquet Lease Lands. The MSB stock yearly return is shown above.
The yearly return on the MSB stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2018 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the MSB annual return calculation with any dividends reinvested as applicable (on ex-dates).
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