secwatch.observer — SEC 8-K summary
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Issuer:     MESABI TRUST (MSB)
CIK:        0000065172
Form:       8-K
Filed at:   2021-07-12T23:59:59+00:00
Accession:  0001558370-21-008876
Event type: dividend
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mesabi Trust declares $0.09 per unit distribution, up from $0.05 year ago
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- Distribution of $0.09 per unit payable Aug 20, 2021 to holders of record July 30, 2021.
- Royalty payments from Cleveland-Cliffs in April 2021 were $6.34M vs $0.45M in April 2020.
- Higher iron ore prices and shipment volumes drove the 80% increase.
- Quarterly royalty report for Q2 due July 30, 2021; summary to be filed on Form 8-K.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/65172/000155837021008876/0001558370-21-008876-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/65172/000155837021008876/msb-20210712x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-21-008876

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer