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Labrador Iron Ore Royalty (LIF) Dividend Yield, Date & History

Labrador Iron Ore Royalty logo
C$29.14 +0.31 (+1.08%)
(As of 12/20/2024 05:17 PM ET)

Labrador Iron Ore Royalty Dividend Summary

Dividend Yield
9.27%
Annual Dividend
C$2.70
Recent
Dividend Payment
Oct. 28
Dividend Payout Ratio
81.33%

Labrador Iron Ore Royalty (LIF) pays an annual dividend of C$2.70 per share, with a dividend yield of 9.27%. The next payment of C$0.70 per share was paid on Monday, October 28, to investors who owned the stock before the ex-dividend date of Friday, September 27. The company currently pays out 81.33% of its earnings and 472.27% of its cash flow as dividends.

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LIF Dividend Payments by Quarter

The chart below displays up to four years of Labrador Iron Ore Royalty's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

LIF Dividend Yield Over Time

The chart below tracks Labrador Iron Ore Royalty's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Labrador Iron Ore Royalty vs. The Competition

Compare Labrador Iron Ore Royalty's annual dividend, yield, and 3-year growth rate with averages for Materials and TSE companies to evaluate its performance against the market.

TypeLabrador Iron Ore RoyaltyMaterials CompaniesTSE Companies
Annual DividendC$2.70C$0.17C$1.07
Dividend Yield9.27%5.15%5.42%

Labrador Iron Ore Royalty Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings81.33%
Based on This Year's Estimate72.15%
Based on Cashflow472.27%

Labrador Iron Ore Royalty Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
9/13/2024Quarterly$0.70-$0.40
36.36%
9.22%9/27/20249/27/202410/28/2024
6/11/2024Quarterly$1.10+$0.65
144.44%
14.88%6/28/20246/28/20247/26/2024
3/12/2024Quarterly$0.45 - 6.24%3/27/20243/28/20244/26/2024
12/14/2023Quarterly$0.45-$0.50
52.63%
5.57%12/28/202312/29/20231/26/2024
9/14/2023Quarterly$0.95+$0.30
46.15%
11.22%9/28/20239/29/202310/26/2023
6/14/2023Quarterly$0.65+$0.15
30.00%
7.86%6/29/20236/30/20237/26/2023
3/7/2023Quarterly$0.50-$0.20
28.57%
5.87%3/30/20233/31/20234/26/2023

This table shows Labrador Iron Ore Royalty's dividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Labrador Iron Ore Royalty Dividend - Frequently Asked Questions

The current dividend yield for Labrador Iron Ore Royalty is 9.27%. Learn more on LIF's dividend yield history.

The annual dividend for LIF shares is C$2.70. Learn more on LIF's annual dividend history.

Labrador Iron Ore Royalty pays quarterly dividends to shareholders.

Labrador Iron Ore Royalty's most recent quarterly dividend payment of C$0.70 per share was made to shareholders on Monday, October 28, 2024.

Labrador Iron Ore Royalty's most recent ex-dividend date was Friday, September 27, 2024.

The most recent change in the company's dividend was a decrease of C$0.40 on Friday, September 13, 2024.

The dividend payout ratio for LIF is:
  • 81.33% based on the trailing year of earnings
  • 72.15% based on this year's estimates
  • 472.27% based on cash flow

Labrador Iron Ore Royalty's dividend yield of 8.33% is higher than the average Basic Materials company that issues a dividend. LIF has a dividend yield higher than 75% of all dividend-paying stocks 5.64, making it a leading dividend payer. Labrador Iron Ore Royalty's dividend payout ratio of 81.33% may not be sustainable.

Looking at the stock as a whole, market analysts rate Labrador Iron Ore Royalty stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (TSE:LIF) was last updated on 12/21/2024 by MarketBeat.com Staff
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