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Labrador Iron Ore Royalty Corp T.LIF

Alternate Symbol(s):  LIFZF

Labrador Iron Ore Royalty Corporation is a Canada-based investment company. The Company holds interests in the Iron Ore Company of Canada (IOC), which is a North American producer and exporter of iron ore pellets and high-grade concentrate. The Company, through its wholly owned subsidiary, Hollinger Hanna Limited (Hollinger-Hanna), holds an approximately 15.10% equity interest in IOC. It holds an approximately 15.10% equity interest in IOC and receives approximately 7% gross overriding royalty and a 10% per ton commission on all iron ore products produced, sold, and shipped by IOC. IOC operates mine, concentrator and pellet plant at Labrador City, Newfoundland, and Labrador. The IOC mines and produces iron ore pellets and concentrates at its facilities in Labrador City, Newfoundland, and Labrador. The Company holds mining leases and mining licenses covering approximately 18,200 hectares of land near Labrador City.


TSX:LIF - Post by User

Comment by KozmoTon Dec 07, 2021 3:50pm
138 Views
Post# 34207759

RE: ex Dividend date

RE: ex Dividend dateThey haven't announced the next one yet but the last one was ... see below.  I almost doubled my LIF holding since the last one was paid out, an 18% dividend is just too ridiculous to pass up




TORONTOSept. 15, 2021 /CNW/ - The Directors of Labrador Iron Ore Royalty Corporation (the "Corporation") (TSX: LIF) declared today a quarterly cash dividend of $2.10 per Common Share. The dividend is payable to holders of record at the close of business on September 30, 2021 and is to be paid on October 26, 2021.
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