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Labrador Iron Ore Declares $0.50 Q1 Dividend

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Labrador Iron Ore Declares $0.50 Q1 Dividend

Labrador Iron Ore ( (TSE:LIF) ) has provided an update.

Labrador Iron Ore Royalty Corporation announced a quarterly cash dividend of $0.50 per common share, payable on April 30, 2025, to shareholders of record as of March 31, 2025. This dividend declaration reflects the company’s ongoing commitment to returning value to its shareholders, highlighting its stable financial position and the continued profitability of its operations in the iron ore market.

More about Labrador Iron Ore

Labrador Iron Ore Royalty Corporation is involved in the iron ore industry, holding a 15.10% equity interest in the Iron Ore Company of Canada (IOC) and receiving royalties and commissions on iron ore products produced and sold by IOC.

YTD Price Performance: 3.08%

Average Trading Volume: 248,105

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: C$1.93B

For detailed information about LIF stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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