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Mesabi Trust

MSB

Market cap $225M

17.18 USD

-0.53

2.99%

At close Updated Nov 2, 4:00 PM EST

1 day

-2.99%

5 days

-5.03%

1 month

-9.1%

3 months

-23.06%

6 months

-37.75%

Year to date

-56.59%

1 year

-50.15%

5 years

-24.08%

10 years

99.77%

About: Mesabi Trust operates as a royalty trust in the United States. The company is involved in the conservation and protection of its assets. The company's principally wholly-owned segment is the iron ore mining segment, which generates income from the Peter Mitchell Mine, an iron mine located near Babbitt, Minnesota, at the northeastern end of the Mesabi Iron Range.

Materials Steel

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 0%

Neutral 100%

Negative 0%

Mesabi Trust Announcement of No Distribution

NEW YORK--(BUSINESS WIRE)--The Trustees of Mesabi Trust (NYSE: MSB) have determined that no distribution has been declared this quarter, and no distribution will be paid in November 2026, with respect to Units of Beneficial Interest. This compares to a thirty-four cents ($0.34) per Unit distribution declared for the same period last year. The Trustees' announcement today of declaring no distribution this quarter reflects consideration of several factors. The Trustees' current distribution deter.

Mesabi Trust Announcement of No Distribution

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Mesabi Trust Press Release

NEW YORK--(BUSINESS WIRE)--Announcement of Mesabi Trust Distribution The Trustees of Mesabi Trust (NYSE: MSB) declared a distribution of five cents ($0.05) per Unit of Beneficial Interest (“Unit”), payable on August 20, 2026, to Mesabi Trust Unitholders of record at the close of business on July 30, 2026. This compares to a twelve cents ($0.12) per Unit distribution declared for the same period last year. The Trustees' announcement today of a five cents ($0.05) per Unit distribution, as compare.

Mesabi Trust Press Release

Mesabi Trust Press Release

NEW YORK--(BUSINESS WIRE)--Quarterly Royalty Report and Royalty Payment On April 30, 2026, 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, 2026 (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.

Mesabi Trust Press Release

Mesabi Trust Press Release

NEW YORK--(BUSINESS WIRE)--Announcement of Mesabi Trust Distribution The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of twenty-four cents ($0.24) per Unit of Beneficial Interest payable on May 20, 2026 to Mesabi Trust Unitholders of record at the close of business on April 30, 2026. This compares to a fifty-six cents ($0.56) per Unit distribution declared for the same period last year. The Trustees' announcement today of a twenty-four cents ($0.24) per Unit distribution, as comp.

Mesabi Trust Press Release

Mesabi Trust Press Release

NEW YORK--(BUSINESS WIRE)--Announcement of Mesabi Trust Distribution The 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 di.

Mesabi Trust Press Release

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Dividend Power Dogs: 12 Ideal Safer November Stars

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Mesabi Trust Press Release

NEW YORK--(BUSINESS WIRE)--Announcement of Mesabi Trust Distribution 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.

Mesabi Trust Press Release

Mesabi Trust Press Release

NEW YORK--(BUSINESS WIRE)--Commencement of Arbitration On September 26, 2025, Mesabi Trust initiated arbitration against Northshore Mining Company (“Northshore”) and its parent, Cleveland Cliffs Inc. (“Cliffs”) and (Northshore and Cliffs, jointly, the “Operator”), the lessee/operator of the leased lands. Mesabi Trust commenced the arbitration proceeding through the American Arbitration Association. Mesabi Trust seeks damages and declaratory relief relating to the Operator's idling of Northshore.

Mesabi Trust Press Release

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