Mesabi Trust Press Release
Mesabi Trust (MSB)
US:NYSE Investor Relations:
mesabi-trust.com
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)-- The Trustees of Mesabi Trust (NYSE: MSB) declared a distribution of forty-five cents ($0.45) per Unit of Beneficial Interest payable on May 20, 2018 to Mesabi Trust Unitholders of record at the close of business on April 30, 2018. This compares to a distribution of fifty-five cents ($0.55) per Unit of Beneficial Interest for the same period last year. The ten cents ($0.10) per Unit decrease in the current distribution, as compared to the same quarter last year, is primarily attributable to a lower volume of shipments during the fourth calendar quarter 2017, although at higher average iron ore sales prices, compared to the fourth quarter 2016, and to the Trust’s receipt of total royalty payments of $6,198,950 on January 30, 2018 from Northshore Mining Company (“Northshore”) which was lower than the total royalty payments of $9,791,421 received by the Trust from Northshore durin
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News
- Mesabi Trust Press Release [Yahoo! Finance]Yahoo! Finance
- Mesabi Trust Press ReleaseBusiness Wire
- Mesabi Trust (NYSE: MSB) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Mesabi Trust Press ReleaseBusiness Wire
MSB
Sec Filings
- 5/2/24 - Form 8-K
- 4/24/24 - Form ARS
- 4/24/24 - Form 10-K
- MSB's page on the SEC website