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Stock impact report

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 twenty-six cents ($0.26) per Unit of Beneficial Interest payable on February 20, 2026 to Mesabi Trust Unitholders of record at the close of business on January 30, 2026. This compares to a five dollar ninety-five cents ($5.95) per Unit distribution declared for the same period last year.The Trustees’ announcement today of a twenty-six cents ($0.26) per Unit distribution, as compared to the five dollar ninety-five cents ($5.95) per Unit distribution announced by the Trust at the same time last year, primarily reflects the Trustees’ decision a year ago to include in that distribution the Trust’s non-recurring revenue from net proceeds of the American Arbitration Association tribunal’s final award in favor of the Trust dated September 6, 2024 in the amount of $71,185,029, which Northshore Mining Company (“Northshore”) and Cleveland-Cliffs Inc. (“Clif Show less Read more
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