Labrador Iron Ore Royalty Co. (LIF) declares a Q3 dividend of $0.70/share, yielding 8.70%.

Labrador Iron Ore Royalty Co. (LIF) has declared a quarterly dividend of $0.70 per share, payable on October 28 to shareholders of record as of September 27. This results in an annualized dividend of $2.80, yielding 8.70%. The company reported earnings of C$0.78 per share last quarter, boasting a net margin of 99.70% and a return on equity of 31.89%. LIF holds a 15.10% equity stake in the Iron Ore Company of Canada.

September 25, 2024
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