Labrador Iron Ore Royalty Corporation press release
Cash Dividends for the Second Quarter of 2020 - $0.45 Per Common Share Comprised of a Regular Dividend of $0.25 and a Special Dividend of $0.20
TSX - Toronto Stock Exchange · Iron · Canada
Canada NewsWire
TORONTO, June 10, 2020
TORONTO, June 10, 2020/CNW/ - The Directors of Labrador Iron Ore Royalty Corporation (the "Corporation") (TSX: LIF) declared today a regular quarterly cash dividend of $0.25per Common Share. The Directors also declared a special dividend of $0.20per Common Share for total dividends of $0.45per Common Share. All amounts are payable to holders of record at the close of business on June 30, 2020and to be paid on July 25, 2020.
Iron Ore Company of Canada Dividend
The Corporation announced that Iron Ore Company of Canadahas not declared a dividend for the quarter ending June 30, 2020.
About Labrador Iron Ore Royalty Corporation
The Corporation holds a 15.10% equity interest in IOC directly and through its wholly-owned subsidiary, Hollinger-Hanna Limited, and receives a 7% gross overriding royalty and a 10 centper tonne commission on all iron ore products produced, sold and shipped by IOC.
SOURCE Labrador Iron Ore Royalty Corporation
View original content: http://www.newswire.ca/en/releases/archive/June2020/10/c7130.html
John F. Tuer, President & Chief Executive Officer, (416) 362-0066, E-mail- investor.relations@labradorironore.comCopyright CNW Group 2020