Labrador Iron Ore Royalty Corp T.LIF

CASH DIVIDEND FOR THE FOURTH QUARTER OF 2023 - $0.45

[Betteryear2]

TORONTO, Dec. 14, 2023 /CNW/ - The Directors of Labrador Iron Ore Royalty Corporation (the "Corporation") (TSX: LIF) declared today a quarterly cash dividend of $0.45 per Common Share. The dividend is payable to holders of record at the close of business on December 29, 2023 and is to be paid on January 26, 2024.

LABRADOR IRON ORE ROYALTY CORPORATION - CASH DIVIDEND FOR THE FOURTH QUARTER OF 2023 - $0.45 PER COMMON SHARE (newswire.ca)

[Specific]

wow.....   .45 div....thats a kick in the knackers....last quarter div was .95.... previous quarter was .65   ........ iron ore prices were doing pretty good but sales were down 25%.....sh*t oh well...still presents about a 5.5% yield

[McRambus]

No dividend paid from IOC this quarter. 

[auagntungsten]

I  received a notice that IOC's Parent company which I thought owns IOC's contract was paying out $.77 a share? I think this confusion got me last year or even before that. Anyone, can you clarify what happened to this quarter's divided? TIA

[McRambus]

You have been misinformed. IOC did not pay a dividend since September. I have no idea which dvidend you are referring to. 

[auagntungsten]

THANKS, I mixed up when researching maybe Rio Tinto shares? however Rio Tinto pays dividends twice a year, as an “interim” dividend and a “final dividend”.  That what it takes for understanding lif's dividend