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Stock impact report

Mesabi Trust Press Release [Yahoo! Finance]

Mesabi Trust (MSB) 
US:NYSE Investor Relations: mesabi-trust.com
Company Research Source: Yahoo! Finance
The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of thirty-four cents ($0.34) per Unit of Beneficial Interest payable on November 20, 2025 to Mesabi Trust Unitholders of record at the close of business on October 30, 2025. This compares to a thirty-nine cents ($0.39) per Unit distribution declared for the same period last year. The Trustees' announcement today of a thirty-four cents ($0.34) per Unit distribution, as compared to the thirty-nine cents ($0.39) per Unit distribution announced by the Trust at the same time last year, reflects consideration of a number of factors In particular, the Trustees' current distribution determination reflects that the Trust received total royalty payments of $5,300,287 on July 30, 2025, from Cleveland-Cliffs Inc. ("Cliffs"), the parent company of Northshore Mining Company ("Northshore"). The Trustees' distribution decision announced today also reflects their determination to maintain an appropriate level of reserves in order to Show less Read more
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