Labrador Iron Ore (TSE:LIF) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Labrador Iron Ore Royalty Corporation (LIORC) has announced that it will receive a dividend of approximately CDN $21.3 million from the Iron Ore Company of Canada (IOC) in December. This dividend is based on LIORC’s 15.1% equity interest in IOC. Investors should note that this announcement pertains to the dividend LIORC will receive, not a dividend distribution to LIORC’s own shareholders.
For further insights into TSE:LIF stock, check out TipRanks’ Stock Analysis page.