RE:RE:DIVIDEND LIF is an income trust which means it
has to distribute all the income to unit holders without holding back for any long term reserve. It does try to maintain a steady dividend but it is hightly depending on the royalty and IOC's dividend which is not committed to a fix number.
The following is quoted from a past new release dated Dec 15, 2020:
The Corporation normally pays cash dividends from its net income to the maximum extent possible, subject to the maintenance of appropriate levels of working capital. This change will not affect the total amount of quarterly dividends received by shareholders, which will continue to vary depending on the financial results of IOC. The total aggregate dividends declared in 2020 was $3.05 per Common Share.