News & Videos - MESABI TRUST - English

Announcement of Mesabi Trust Distribution The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of five dollars ninety-five cents ($5.95) per Unit of Beneficial Interest payable on February 20, 2025 to Mesabi Trust Unitholders of record at the close of business on January 30, 2025. This compares to a thirty-seven cents ($0.37) per Unit distribution declared and paid for the same period last year. The Trustees’ announcement today of a five dollars ninety-five cents ($5.95) per Unit...

Announcement of No Distribution The Trustees of Mesabi Trust (NYSE:MSB) have determined that no distribution will be declared this July 2023 with respect to Units of Beneficial Interest. This compares to a distribution of Eighty-four cents ($0.84) per Unit for the same period last year. The Trustees’ announcement today of declaring no distribution this quarter primarily reflects that the Trust has received no royalty revenue in the Trust’s last three fiscal quarters, and the current...

Filing of Annual Report and Availability of Audited Financial Statements Mesabi Trust’s (NYSE:MSB) Annual Report on Form 10‑K for the fiscal year ended January 31, 2023, which includes the audited financial statements of Mesabi Trust, was filed with the Securities and Exchange Commission on April 24, 2023. Mesabi Trust Unitholders may obtain a hard copy of the complete audited financial statements, which is included as Exhibit 13 to Mesabi Trust’s Annual Report, free of charge upon request...

Announcement of No Distribution The Trustees of Mesabi Trust (NYSE:MSB) have determined that no distribution will be declared this April 2023 with respect to Units of Beneficial Interest. This compares to a distribution of One Dollar and four cents ($1.04) per Unit for the same period last year. The Trustees’ announcement today of declaring no distribution this quarter primarily reflects the Trustees’ caution about uncertainties related to a number of factors, including principally...

Announcement of No Distribution The Trustees of Mesabi Trust (NYSE:MSB) have determined that no distribution will be declared this January 2023 with respect to Units of Beneficial Interest. This compares to a distribution of One Dollar and seventy-five cents ($1.75) per Unit for the same period last year. The Trustees’ announcement today of declaring no distribution this quarter primarily reflects the Trustees’ caution about uncertainties arising from the July 22, 2022 announcement by...

Announcement of No Distribution The Trustees of Mesabi Trust (NYSE:MSB) have determined that no distribution will be declared this October 2022 with respect to Units of Beneficial Interest. This compares to a distribution of One Dollar and forty-two cents ($1.42) per Unit for the same period last year. The Trustees’ announcement today of declaring no distribution this quarter primarily reflects the Trustees’ caution about uncertainties arising from the July 22, 2022 announcement by...

The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of eighty-four cents ($0.84) per Unit of Beneficial Interest payable on August 20, 2022 to Mesabi Trust Unitholders of record at the close of business on July 30, 2022. This compares to a distribution of nine cents ($0.09) per Unit for the same period last year. The seventy-five cents ($0.75) per Unit increase in the current distribution, as compared to the distribution announced by the Trust at the same time last year, is primarily...

Mesabi Trust (NYSE: MSB): Receipt of Quarterly Royalty Report and Royalty Payment On April 29, 2022, the Trustees of Mesabi Trust (NYSE: MSB) received the quarterly royalty report of iron ore shipments from Silver Bay, Minnesota during the quarter ended March 31, 2022 (the “Royalty Report”) from Cleveland-Cliffs Inc. (“Cliffs”), the parent company of Northshore Mining Company (“Northshore”). As reported to Mesabi Trust by Cliffs in the Royalty Report, based on shipments of iron ore...

The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of One Dollar and four cents ($1.04) per Unit of Beneficial Interest payable on May 20, 2022 to Mesabi Trust Unitholders of record at the close of business on April 30, 2022. This compares to a distribution of eighty-nine cents ($0.89) per Unit for the same period last year. The fifteen cents ($.15) per Unit increase in the current distribution, as compared to the distribution announced by the Trust at the same time last year, is...

Distribution Announcement The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of One Dollar and seventy-five cents ($1.75) per Unit of Beneficial Interest payable on February 20, 2022 to Mesabi Trust Unitholders of record at the close of business on January 30, 2022. This compares to a distribution of forty-six cents ($0.46) per Unit for the same period last year. The One Dollar and twenty-nine cents ($1.29) per Unit increase in the current distribution, as compared to the...

Distribution Announcement The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of One Dollar and forty-two cents ($1.42) per Unit of Beneficial Interest payable on November 20, 2021 to Mesabi Trust Unitholders of record at the close of business on October 30, 2021. This compares to a distribution of thirty-six cents ($0.36) per Unit for the same period last year. The One Dollar and six cents ($1.06) per Unit increase in the current distribution, as compared to the distribution...

The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of nine cents ($0.09) per Unit of Beneficial Interest payable on August 20, 2021 to Mesabi Trust Unitholders of record at the close of business on July 30, 2021. This compares to a distribution of five cents ($0.05) per Unit for the same period last year. The four cents ($0.04) per Unit increase in the current distribution, as compared to the distribution announced by the Trust at the same time last year, is primarily attributable...

On April 30, 2021, the Trustees of Mesabi Trust (NYSE: MSB) received the quarterly royalty report of iron ore shipments from Silver Bay, Minnesota during the quarter ended March 31, 2021 (the “Royalty Report”) from Cleveland-Cliffs Inc. (“Cliffs”), the parent company of Northshore Mining Company (“Northshore”). As reported to Mesabi Trust by Cliffs in the Royalty Report, based on shipments of iron ore products by Northshore during the three months ended March 31, 2021, Mesabi Trust...

The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of eighty-nine cents ($0.89) per Unit of Beneficial Interest payable on May 20, 2021 to Mesabi Trust Unitholders of record at the close of business on April 30, 2021. This compares to a distribution of fifty-six cents ($0.56) per Unit for the same period last year. The thirty-three cents ($0.33) per Unit increase in the current distribution, as compared to the distribution announced by the Trust at the same time last year, is...

The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of forty-six cents ($0.46) per Unit of Beneficial Interest payable on February 20, 2021 to Mesabi Trust Unitholders of record at the close of business on January 30, 2021. This compares to a distribution of seventy cents ($0.70) per Unit for the same period last year. The twenty-four cents ($0.24) per Unit decrease in the current distribution, as compared to the distribution announced by the Trust at the same time last year, is...

The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of thirty-six cents ($0.36) per Unit of Beneficial Interest payable on November 20, 2020 to Mesabi Trust Unitholders of record at the close of business on October 30, 2020. This compares to a distribution of eighty-seven cents ($0.87) per Unit for the same period last year. The fifty-one cents ($0.51) per Unit decrease in the current distribution, as compared to the distribution announced by the Trust at the same time last year, is...

The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of five cents ($0.05) per Unit of Beneficial Interest payable on August 20, 2020 to Mesabi Trust Unitholders of record at the close of business on July 30, 2020. This compares to a distribution of twenty-one cents ($0.21) per Unit for the same period last year. The sixteen cents ($0.16) per Unit decrease in the current distribution, as compared to the distribution announced by the Trust at the same time last year, is primarily...

On April 30, 2020, the Trustees of Mesabi Trust (NYSE: MSB) received the quarterly royalty report of iron ore shipments from Silver Bay, Minnesota during the quarter ended March 31, 2020 (the “Royalty Report”) from Cleveland-Cliffs Inc. (“Cliffs”), the parent company of Northshore Mining Company (“Northshore”). As reported to Mesabi Trust by Cliffs in the Royalty Report, based on shipments of iron ore products by Northshore during the three months ended March 31, 2020, Mesabi Trust...

MSB INVESTIGATION: Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Investigation of Mesabi Trust PR Newswire NEW YORK, April 17, 2020 NEW YORK , April 17, 2020 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Mesabi Trust ("Mesabi" or "the Company") (NYSE: MSB). Investors who purchased Mesabi securities are encouraged to obtain additional information and assist the investigation by visiting the firm's...

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Mesabi Trust - MSB PR Newswire NEW YORK, April 15, 2020 NEW YORK , April 15, 2020 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors Mesabi Trust ("Mesabi" or the "Company") (NYSE: MSB). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980. The investigation concerns whether Mesabi and certain of its officers and/or directors...