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Bullboard - Stock Discussion Forum 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... see more

TSX:LIF - Post Discussion

Labrador Iron Ore Royalty Corp > Iron ore prices tanking
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Post by rockmstockm on Sep 10, 2021 12:05am

Iron ore prices tanking

how low will the iron prices go? Its looking like 4th quarter dividend will be cut in half?
Comment by ckwong on Sep 10, 2021 7:55am
Historically, LIF had the official dividend rate of C$0.25. But a lot of time, it had special dividend. I think at the beginning of the year, they merge the special dividend with the regular to create C$1.00 regular dividend and not use the term special dividend.  If the world's economy tanks due to x-y-z, I think it would be in the range of C$3-4/year. The $1.75/quarter is exceptional.  ...more  
Comment by PileOfShit on Sep 10, 2021 11:56am
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Comment by PileOfShit on Sep 10, 2021 12:42pm
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Comment by PileOfShit on Sep 11, 2021 5:33pm
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