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Labrador Iron Ore Royalty Corporation, through its subsidiary, Hollinger-Hanna Limited, holds a 15.10% equity interest in Iron Ore Company of Canada (IOC) that produces and processes iron ores at Labrador City, Newfoundland and Labrador. The company's primary products include standard and low silica acid, flux, direct reduction pellets, and iron ore concentrate, as well as seaborne iron ore pellets. The company was formerly known as Labrador Iron Ore Royalty Income Fund and changed its name to Labrador Iron Ore Royalty Corporation in July 2010. Labrador Iron Ore Royalty Corporation is based in Toronto, Canada.

Labrador Iron Ore Royalty Dividend Announcement

Labrador Iron Ore Royalty announced a quarterly dividend of $0.52 per ordinary share which will be made payable on 2024-10-28. Ex dividend date: 2024-09-27
Labrador Iron Ore Royalty annual dividend for 2024 was $1.65
Labrador Iron Ore Royalty annual dividend for 2023 was $1.91
Labrador Iron Ore Royalty's trailing twelve-month (TTM) dividend yield is 9.08%
Labrador Iron Ore Royalty's payout ratio for the trailing twelve months (TTM) is 76.05%
Labrador Iron Ore Royalty's dividend growth over the last five years (2018-2023) was 7.59% year
Labrador Iron Ore Royalty's dividend growth over the last ten years (2013-2023) was 10.45% year

Labrador Iron Ore Royalty Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-27$0.52quarterly2024-10-28
2024-06-28$0.80quarterly2024-07-26
2024-03-27$0.33quarterly2024-04-26
2023-12-28$0.34quarterly2024-01-26
2023-09-28$0.70quarterly2023-10-26
2023-06-29$0.49quarterly2023-07-26
2023-03-30$0.37quarterly2023-04-26
2022-12-29$0.52quarterly2023-01-26
2022-09-28$0.73quarterly2022-10-26
2022-06-29$0.70quarterly2022-07-26
2022-03-30$0.40quarterly2022-04-26
2021-12-30$0.90quarterly2022-01-26
2021-09-28$1.66quarterly2021-10-26
2021-06-29$1.42quarterly2021-07-26
2021-03-30$0.79quarterly2021-04-26
2020-12-30$1.40quarterly2021-01-26
2020-09-29$0.34quarterly2020-10-25
2020-06-29$0.33quarterly2020-07-25
2020-03-30$0.25quarterly2020-04-25
2019-12-30$0.80quarterly2020-01-25
2019-09-27$0.75quarterly2019-10-25
2019-06-27$0.69quarterly2019-07-25
2018-12-28$0.44quarterly2019-01-25
2018-09-27$0.42quarterly2018-10-25
2018-06-28$0.19quarterly2018-07-25
2018-03-28$0.27quarterly2018-04-25
2017-12-28$0.43quarterly2018-01-25
2017-09-28$0.80quarterly2017-10-25
2017-06-28$0.46quarterly2017-07-25
2017-03-29$0.37quarterly2017-04-25
2016-12-28$0.18quarterly
2016-09-28$0.19quarterly
2016-06-28$0.19quarterly
2016-03-29$0.19quarterly
2015-12-29$0.18quarterly
2015-09-28$0.19quarterly
2015-06-26$0.20quarterly
2015-03-27$0.20quarterly
2014-12-29$0.30quarterly
2014-09-26$0.45quarterly
2014-06-26$0.37quarterly
2014-03-27$0.36quarterly
2013-12-27$0.70quarterly

Labrador Iron Ore Royalty Dividend per year

Labrador Iron Ore Royalty Dividend growth

Labrador Iron Ore Royalty Dividend Yield

Labrador Iron Ore Royalty current trailing twelve-month (TTM) dividend yield is 9.08%. Interested in purchasing Labrador Iron Ore Royalty stock? Use our calculator to estimate your expected dividend yield:

Labrador Iron Ore Royalty Financial Ratios

P/E ratio9.28
PEG ratio-0.83
P/B ratio2.91
ROE31.67%
Payout ratio76.05%
Current ratio1.35
Quick ratio1.35
Cash Ratio0.78

Labrador Iron Ore Royalty Dividend FAQ

How much is the next Labrador Iron Ore Royalty dividend?
Labrador Iron Ore Royalty's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Labrador Iron Ore Royalty dividend. The next Labrador Iron Ore Royalty dividend will be released in March, June, September, or December.
When is Labrador Iron Ore Royalty dividend paid?
Labrador Iron Ore Royalty pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Labrador Iron Ore Royalty pay?
The specific amount of Labrador Iron Ore Royalty dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Labrador Iron Ore Royalty's dividend history.
Does Labrador Iron Ore Royalty stock pay dividends?
Yes, Labrador Iron Ore Royalty does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Labrador Iron Ore Royalty's dividend history.
How much dividend does Labrador Iron Ore Royalty pay?
Labrador Iron Ore Royalty paid $1.652 in 2024, $1.905 in 2023, $2.343 in 2022, $4.774 in 2021, and $2.317 in 2020.
How often does Labrador Iron Ore Royalty pay dividends?
Labrador Iron Ore Royalty typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is Labrador Iron Ore Royalty's dividend yield?
The current dividend yield for Labrador Iron Ore Royalty is 9.08%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Labrador Iron Ore Royalty's exact dividend yield.
When does Labrador Iron Ore Royalty go ex dividend?
Labrador Iron Ore Royalty's ex-dividend date for the latest dividend was on 2024-09-27. Labrador Iron Ore Royalty typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Labrador Iron Ore Royalty dividend paid?
Labrador Iron Ore Royalty pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Labrador Iron Ore Royalty increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Labrador Iron Ore Royalty will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Labrador Iron Ore Royalty dividend per share?
Labrador Iron Ore Royalty paid $1.652 per share in 2024 and $1.905 per share in 2023. The amount of dividend per share that Labrador Iron Ore Royalty pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Labrador Iron Ore Royalty a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Labrador Iron Ore Royalty a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Labrador Iron Ore Royalty a dividend stock?
Yes, Labrador Iron Ore Royalty is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Labrador Iron Ore Royalty a good dividend stock?
Whether Labrador Iron Ore Royalty is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Labrador Iron Ore Royalty has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Labrador Iron Ore Royalty as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Labrador Iron Ore Royalty pay dividends monthly?
Labrador Iron Ore Royalty typically pays dividends on a quarterly basis.
Does Labrador Iron Ore Royalty pay dividends quarterly?
Labrador Iron Ore Royalty currently pays dividends on a quarterly basis.
Has Labrador Iron Ore Royalty ever paid a dividend?
Yes, Labrador Iron Ore Royalty has a history of paying dividends to its shareholders. Labrador Iron Ore Royalty is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Labrador Iron Ore Royalty dividend stocks?
To buy Labrador Iron Ore Royalty you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Labrador Iron Ore Royalty stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Labrador Iron Ore Royalty pay dividends 2024?
Labrador Iron Ore Royalty pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-28. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Labrador Iron Ore Royalty increase its dividend in 2024?
Decisions regarding Labrador Iron Ore Royalty dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Labrador Iron Ore Royalty dividend overview you can look into the above table of dividend history.
How Labrador Iron Ore Royalty dividend works?
The Labrador Iron Ore Royalty dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Labrador Iron Ore Royalty's dividend process works:

1. Determination of Dividend: Labrador Iron Ore Royalty's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Labrador Iron Ore Royalty publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Labrador Iron Ore Royalty distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Labrador Iron Ore Royalty are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Labrador Iron Ore Royalty dividends paid?
Labrador Iron Ore Royalty dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Labrador Iron Ore Royalty sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Labrador Iron Ore Royalty distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Labrador Iron Ore Royalty declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Labrador Iron Ore Royalty pay dividends?
Labrador Iron Ore Royalty typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Labrador Iron Ore Royalty pay dividends?
The general pattern is that Labrador Iron Ore Royalty pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Labrador Iron Ore Royalty dividend safe?
The safety of Labrador Iron Ore Royalty's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Labrador Iron Ore Royalty's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Labrador Iron Ore Royalty's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.