---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-010758"
form_type: "8-K"
ticker: "MSB"
cik: "0000065172"
company_name: "MESABI TRUST"
filed_at: "2022-07-15T23:59:59+00:00"
generated_at: "2026-06-24T14:29:52.598577+00:00"
event_type: "dividend"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Mesabi Trust declares $0.84/unit distribution, up from $0.09 a year ago

## Summary
- Distribution of $0.84 per unit payable Aug 20, 2022, record date July 30, 2022; prior year $0.09/unit.
- Royalty payments from Cleveland-Cliffs in April 2022 totaled $13.5M, versus $6.3M in April 2021.
- Increase driven by higher iron ore prices and volumes during Q1 2022 vs Q1 2021.
- Northshore mine idled since May 1, 2022, expected through fall; Trust boosting reserves for uncertainties.
- Quarterly royalty payment from Northshore due July 30, 2022, with report to follow.

## SEC filing metadata
- accession: 0001558370-22-010758
- form_type: 8-K
- ticker: MSB
- cik: 0000065172
- company_name: MESABI TRUST
- filed_at: 2022-07-15T23:59:59+00:00
- event_type: dividend
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/65172/000155837022010758/0001558370-22-010758-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/65172/000155837022010758/msb-20220715x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-010758
- JSON: https://secwatch.observer/filing/0001558370-22-010758.json
- Plain text: https://secwatch.observer/filing/0001558370-22-010758.txt

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