NYSE : MSB

Mesabi Trust

$25.41 USD

$0.34 (1.36%)

Volume
7.3K
Average Volume
54.24K
Market Capitalization
$333.38M
P/E Ratio
29.45
Dividend Yield
3.78%
Price Target
Year High
$42.38
Year Low
$23.56
Day High
Day Low
Payout Ratio
$15.89
Current Ratio
$5.91
Source Headline
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.

businesswire.com - 2026-07-14 16:05:00

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.

businesswire.com - 2026-05-04 16:05:00

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