Mesabi Trust cuts distribution to $0.12 per unit amid lower royalties
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Mesabi Trust Press Release
July 11, 2025 4:05 PM EDTAnnouncement of Mesabi Trust Distribution
NEW YORK--(BUSINESS WIRE)-- The Trustees of Mesabi Trust (NYSE: MSB) declared a distribution of twelve cents ($0.12) per Unit of Beneficial Interest payable on August 20, 2025 to Mesabi Trust Unitholders of record at the close of business on July 30, 2025. This compares to a thirty cents ($0.30) per Unit distribution declared for the same period last year.
The Trustees announcement today of a twelve cents ($0.12) per Unit distribution, as compared to the thirty cents ($0.30) per Unit distribution announced by the Trust at the same time last year,... More
