---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-005971"
form_type: "8-K"
ticker: "MSB"
cik: "0000065172"
company_name: "MESABI TRUST"
filed_at: "2023-04-14T23:59:59+00:00"
generated_at: "2026-06-17T02:14:37.397679+00:00"
event_type: "dividend"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Mesabi Trust declares no April 2023 distribution; prior year paid $1.04/unit

## Summary
- No distribution for April 2023; previous April distribution was $1.04 per unit.
- Decision driven by Cleveland-Cliffs' idling of Northshore Mining and no royalty payments for last two quarters.
- Negative pricing adjustments expected to increase contract liability in unallocated reserve.
- Trust has pending arbitration against Northshore and Cliffs; no update on restart of operations.
- Quarterly royalty report due April 30, 2023; Trust will file summary with SEC.

## SEC filing metadata
- accession: 0001558370-23-005971
- form_type: 8-K
- ticker: MSB
- cik: 0000065172
- company_name: MESABI TRUST
- filed_at: 2023-04-14T23:59:59+00:00
- event_type: dividend
- sentiment: negative
- 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/65172/000155837023005971/0001558370-23-005971-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/65172/000155837023005971/msb-20230414x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-005971
- JSON: https://secwatch.observer/filing/0001558370-23-005971.json
- Plain text: https://secwatch.observer/filing/0001558370-23-005971.txt

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