Related Symbol
avatar
@RecentlyTrain484 7 months ago

Mesabi Trust: Beware

Mesabi Trust: Beware

  has a 27.02% dividend yield as of July 2025. It may seem like a good buy but take a look at what I found out. It pays out quarterly, however this is inconsistent as it fluctuates based on royalty income. Its key business is based on iron ore prices. Its income comes from one mine operator which increases the risk because of no diversification.

no comments yet

There are no comments here, be the first to comment