Mesabi Trust Declares $0.05 Per-Unit Distribution

What Happened

• Mesabi Trust announced on July 14, 2026 (Form 8-K) that its Trustees declared a distribution of $0.05 per Unit of Beneficial Interest. The distribution is payable August 20, 2026 to unitholders of record at the close of business on July 30, 2026. The press release announcing the distribution is furnished as Exhibit 99.1 to the 8-K.

Key Details

• Distribution amount: $0.05 per Unit.
• Record date: July 30, 2026; Payable date: August 20, 2026.
• Comparison: $0.05 vs. $0.12 per Unit declared for the same period last year.
• Filing date and signature: Form 8-K filed July 14, 2026; signed by Arian Kalaba, Associate, Deutsche Bank Trust Company Americas (Corporate Trustee).

Why It Matters

• For income-seeking investors, the declared payout is materially lower than the $0.12 per Unit paid for the same period last year, meaning expected cash distributions from the trust have declined for this payment.
• The record date (July 30) determines which holders are eligible to receive the distribution; investors must hold units by that date to qualify.
• The Form 8-K furnishes the press release (Exhibit 99.1) with the announcement; investors can review that release for any additional operational or context details the trustee provides.