Labrador Iron Ore Royalty Corp T.LIF

Alternate Symbol(s): LIFZF

Steel Steel

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.

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Labrador Iron Ore Royalty Corp > ex Dividend date

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Comment by Hunguson Dec 08, 2021 1:58pm

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Post# 34211351

RE:RE:RE: ex Dividend date

Alright, enough is enough. You do know that this royalty company pays a variable dividend, right? The next 2 dividend payments are expected to be really low due to the collapse of the Iron Ore market price. Really low.

Last dividend was $2.10
Next dividend (this month) will probably be in the $1.10 to $1.20 range
1st Quarter dividend next year will definitely be less than a dollar. How much less is the real question though? Damn winter olympics really f'd everything up.