Mesabi Trust Press Release
Mesabi Trust (MSB)
US:NYSE Investor Relations:
mesabi-trust.com
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Announcement of Mesabi Trust DistributionThe Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of thirty-seven cents ($0.37) per Unit of Beneficial Interest payable on February 20, 2024 to Mesabi Trust Unitholders of record at the close of business on January 30, 2024. This compares to no distribution declared for the same period last year.The Trustees’ announcement today of a thirty-seven cents ($0.37) per Unit distribution, as compared to no distribution announced by the Trust at the same time last year, is primarily attributable to the restart of Northshore operations in April 2023, and to an increase in the total royalties received by the Trust in October 2023, as compared to the total royalties received by the Trust in October 2022. In particular, the Trust’s receipt of total royalty payments of $5,666,254 on October 30, 2023 from Cleveland-Cliffs Inc. (“Cliffs”), the parent company of Northshore Mining Company (“Northshore”), was higher t
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News
- Mesabi Trust Press ReleaseBusiness Wire
- Murray Stahl's Horizon Kinetics Reduces Stake in Mesabi Trust [Yahoo! Finance]Yahoo! Finance
MSB
Sec Filings
- 4/24/24 - Form ARS
- 4/24/24 - Form 10-K
- 4/16/24 - Form 8-K
- MSB's page on the SEC website