---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-083538"
form_type: "8-K"
ticker: "MSB"
cik: "0000065172"
company_name: "MESABI TRUST"
filed_at: "2026-07-14T20:45:14+00:00"
generated_at: "2026-07-14T20:46:05.612147+00:00"
event_type: "dividend"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Mesabi Trust declares $0.05/unit distribution, down from $0.12/unit year ago

## Summary
- Distribution of $0.05 per Unit payable Aug 20, 2026 to holders of record July 30, 2026.
- Royalty payments from Cleveland-Cliffs totaled $1,625,300 in April 2026, down from $2,422,329 in April 2025.
- No bonus royalty was included in the current payment; prior year included bonus.
- Trustees cite uncertainties from Cliffs' vertical supply chain planning and iron ore market volatility.

## SEC filing metadata
- accession: 0001104659-26-083538
- form_type: 8-K
- ticker: MSB
- cik: 0000065172
- company_name: MESABI TRUST
- filed_at: 2026-07-14T20:45:14+00:00
- event_type: dividend
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/65172/000110465926083538/0001104659-26-083538-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/65172/000110465926083538/msb-20260714x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-083538
- JSON: https://secwatch.observer/filing/0001104659-26-083538.json
- Plain text: https://secwatch.observer/filing/0001104659-26-083538.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.