Units of Beneficial Interest, no par value
- Symbol
- MSB
- Exchange
- NYSE
- Classification
- UNIT
- Status
- Current
Current Report · Items 2.02, 9.01 · 8-K
Item 2.02 Results of Operations and Financial Condition. Announcement of Mesabi Trust Distribution On July 14, 2026, Mesabi Trust (the “Trust”) issued a press release announcing that the Trustees of Mesabi Trust declared a distribution of five cents ($0.05) per Unit of Beneficial Interest payable on August 20, 2026 to Mesabi Trust Unitholders of record at the close of business on July 30, 2026.…
Press release in this filing
Announcement of Mesabi Trust Distribution →MESABI TRUST · 8-K · Filed 2026-07-14
EX-99.1 2 msb-20260714xex99d1.htm EX-99.1 EXHIBIT 99.1 MESABI TRUST PRESS RELEASE July 14, 2026 @ 04:05 PM Eastern Daylight Time NEW YORK--(BUSINESS WIRE) Announcement of Mesabi Trust Distribution The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of five cents ($0.05) per Unit of Beneficial Interest (“Unit”) payable on August 20, 2026 to Mesabi Trust Unitholders of record at the close of business on July 30, 2026. This compares to a twelve cents ($0.12) per Unit distribution declared for the same period last year. The Trustees’ announcement today of a five cents ($0.05) per Unit distribution, as compared to the twelve cents ($0.12) per Unit distribution announced by the Trust at the same time last year, reflects consideration of several factors. In particular, the Trustees’ current distribution determination reflects that the Trust’s receipt of total royalty payments of $1,625,300 on April 30, 2026, from Cleveland-Cliffs Inc. (“Cliffs”), the parent company of Northshore Mining Company (“Northshore”), included no bonus royalty payment and were lower than the total royalty payments of $2,422,329 received by the Trust from Cliffs in April 2025. The Trustees’ d…
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