---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-009789"
form_type: "8-K"
ticker: "MSB"
cik: "0000065172"
company_name: "MESABI TRUST"
filed_at: "2024-07-12T23:59:59+00:00"
generated_at: "2026-05-31T21:31:55.621630+00:00"
event_type: "dividend"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Mesabi Trust declares $0.30 per unit distribution after no distribution last year

## Summary
- Distribution of $0.30 per unit payable August 20, 2024 to holders of record July 30, 2024.
- April 2024 royalty receipts from Cleveland-Cliffs totaled $5,059,648 vs. $0 in April 2023.
- Higher royalties driven by return to operations at Northshore mine after idling until April 2023.
- Trustees maintained reserves amid ongoing uncertainty about Cliffs treating Northshore as swing operation.
- Quarterly royalty report due July 30, 2024; trust to file summary with SEC thereafter.

## SEC filing metadata
- accession: 0001558370-24-009789
- form_type: 8-K
- ticker: MSB
- cik: 0000065172
- company_name: MESABI TRUST
- filed_at: 2024-07-12T23:59:59+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/65172/000155837024009789/0001558370-24-009789-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/65172/000155837024009789/msb-20240712x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-009789
- JSON: https://secwatch.observer/filing/0001558370-24-009789.json
- Plain text: https://secwatch.observer/filing/0001558370-24-009789.txt

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