---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-005198"
form_type: "8-K"
ticker: "MSB"
cik: "0000065172"
company_name: "MESABI TRUST"
filed_at: "2024-04-16T23:59:59+00:00"
generated_at: "2026-06-03T22:28:35.855154+00:00"
event_type: "dividend"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Mesabi Trust declares $0.29/unit distribution after no distribution last year

## Summary
- Distribution of $0.29 per unit payable May 20, 2024; record date April 30, 2024.
- Royalty payments from Cleveland-Cliffs in Jan 2024 totaled $6.43M vs $0 in Jan 2023.
- Increase reflects restart of Northshore Mining operations in April 2023.
- Trustees maintain reserves due to uncertainties about Cliffs' plans and pending arbitration.

## SEC filing metadata
- accession: 0001558370-24-005198
- form_type: 8-K
- ticker: MSB
- cik: 0000065172
- company_name: MESABI TRUST
- filed_at: 2024-04-16T23:59:59+00:00
- event_type: dividend
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/65172/000155837024005198/0001558370-24-005198-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/65172/000155837024005198/msb-20240416x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-005198
- JSON: https://secwatch.observer/filing/0001558370-24-005198.json
- Plain text: https://secwatch.observer/filing/0001558370-24-005198.txt

## Key facts
- Earnings Releases
  MESABI TRUST reported the same period last year results: EPS twenty-nine cents ($0.29) per Unit.
  - Period: the same period last year
  - EPS: twenty-nine cents ($0.29) per Unit
  - Result: reported results
  source text: ESABI TRUST PRESS RELEASE April 16, 2024 @ 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 twenty-nine cents ($0.29) per Unit of Beneficial Interest payable on May 20, 2024 to Mesabi Trust Unitholders of record at the close of business on April 30, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/65172/000155837024005198/0001558370-24-005198-index.htm

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