Labrador Iron Ore Royalty Corporation

TSX:LIF Stock Report

Market Cap: CA$1.9b

Labrador Iron Ore Royalty Dividends and Buybacks

Dividend criteria checks 5/6

Labrador Iron Ore Royalty is a dividend paying company with a current yield of 8.61% that is well covered by earnings. Next payment date is on 29th January, 2025 with an ex-dividend date of 31st December, 2024.

Key information

8.8%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yield10.0%
Dividend Growth5.2%
Next dividend pay date29 Jan 25
Ex dividend date31 Dec 24
Dividend per shareCA$2.550
Payout ratio89%

Recent dividend and buyback updates

Recent updates

Estimating The Fair Value Of Labrador Iron Ore Royalty Corporation (TSE:LIF)

Dec 15
Estimating The Fair Value Of Labrador Iron Ore Royalty Corporation (TSE:LIF)

Labrador Iron Ore Royalty (TSE:LIF) Might Have The Makings Of A Multi-Bagger

Nov 15
Labrador Iron Ore Royalty (TSE:LIF) Might Have The Makings Of A Multi-Bagger

An Intrinsic Calculation For Labrador Iron Ore Royalty Corporation (TSE:LIF) Suggests It's 35% Undervalued

Sep 02
An Intrinsic Calculation For Labrador Iron Ore Royalty Corporation (TSE:LIF) Suggests It's 35% Undervalued

Labrador Iron Ore Royalty (TSE:LIF) Is Investing Its Capital With Increasing Efficiency

Aug 04
Labrador Iron Ore Royalty (TSE:LIF) Is Investing Its Capital With Increasing Efficiency

Upcoming Dividend Payment

TodayDec 23 2024Ex Dividend DateDec 31 2024Dividend Pay DateJan 29 202529 days from Ex DividendBuy in the next 7 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: LIF's dividend payments have been volatile in the past 10 years.

Growing Dividend: LIF's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Labrador Iron Ore Royalty Dividend Yield vs Market
How does LIF dividend yield compare to the market?
SegmentDividend Yield
Company (LIF)8.8%
Market Bottom 25% (CA)1.8%
Market Top 25% (CA)6.4%
Industry Average (Metals and Mining)2.0%
Analyst forecast (LIF) (up to 3 years)10.0%

Notable Dividend: LIF's dividend (8.61%) is higher than the bottom 25% of dividend payers in the Canadian market (1.81%).

High Dividend: LIF's dividend (8.61%) is in the top 25% of dividend payers in the Canadian market (6.45%)


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (88.8%), LIF's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: At its current cash payout ratio (89.9%), LIF's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 21:07
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Labrador Iron Ore Royalty Corporation is covered by 17 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harriet LiAccountability Research Corporation
Alexander Robert PearceBMO Capital Markets Equity Research
Oscar CabreraBofA Global Research