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 one dollar eighteen cents ($1.18) per Unit of Beneficial Interest payable on February 20, 2018 to Mesabi Trust Unitholders of record at the close of business on January 30, 2018. This compares to a distribution of fourteen cents ($0.14) per Unit for the same period last year. The increase of one dollar four cents ($1.04) per Unit in the current distribution, as compared to the distribution announced by the Trust at the same time last year, is primarily attributable to a higher volume of shipments during the third calendar quarter 2017 at higher average iron ore sales prices compared to the same quarter 2016, and to the Trust’s receipt of total royalty payments of $15,547,953 on October 30, 2017 from Cliffs Northshore Mining Company, which was higher than the total royalty payments of $1,880,334 received by the Trust
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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