---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-004838"
form_type: "8-K"
ticker: "MSB"
cik: "0000065172"
company_name: "MESABI TRUST"
filed_at: "2025-04-15T23:59:59+00:00"
generated_at: "2026-05-23T15:12:01.119421+00:00"
event_type: "dividend"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Mesabi Trust declares $0.56/unit quarterly distribution, up 93% from $0.29/unit year ago

## Summary
- Distribution of $0.56/unit declared, payable May 20, 2025 to holders of record April 30, 2025.
- Royalty payments from Cleveland-Cliffs increased to $8,986,464 in Jan 2025 from $6,432,434 in Jan 2024.
- Distribution reflects higher royalty receipts but also uncertainties from Cliffs' scrap iron shift, iron ore volatility, and tariffs.
- No update on Cliffs' 2025 Northshore operations; next quarterly royalty report due April 30, 2025.

## SEC filing metadata
- accession: 0001558370-25-004838
- form_type: 8-K
- ticker: MSB
- cik: 0000065172
- company_name: MESABI TRUST
- filed_at: 2025-04-15T23:59:59+00:00
- event_type: dividend
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/65172/000155837025004838/0001558370-25-004838-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/65172/000155837025004838/msb-20250415x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-004838
- JSON: https://secwatch.observer/filing/0001558370-25-004838.json
- Plain text: https://secwatch.observer/filing/0001558370-25-004838.txt

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