Mesabi Trust declares $0.05 per unit distribution payable Aug. 20 - MSB News | RalliesMesabi Trust declares $0.05 per unit distribution payable Aug. 20
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MSB• Distribution and royalty receipt details
- Mesabi Trust declared a $0.05 per unit distribution, payable Aug. 20, 2026 to unitholders of record July 30, 2026.
- The payout compares with $0.12 per unit for the same period last year.
- Royalty receipts totaled $1.63 million on April 30, 2026, down from $2.42 million in April 2025, with no bonus royalty payment.
- The trustees also cited uncertainty tied to Cleveland-Cliffs’ planning for its supply chain amid volatile iron ore and steel markets.
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