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 8.64% that is well covered by earnings.
Key information
8.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 8.9% |
| Dividend Growth | 5.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$2.550 |
| Payout ratio | 89% |
Recent dividend and buyback updates
Recent updates
Estimating The Fair Value Of Labrador Iron Ore Royalty Corporation (TSE:LIF)
Dec 15
Labrador Iron Ore Royalty (TSE:LIF) Might Have The Makings Of A Multi-Bagger
Nov 15An Intrinsic Calculation For Labrador Iron Ore Royalty Corporation (TSE:LIF) Suggests It's 35% Undervalued
Sep 02Labrador Iron Ore Royalty (TSE:LIF) Is Investing Its Capital With Increasing Efficiency
Aug 04Stability 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LIF) | 8.6% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.2% |
| Industry Average (Metals and Mining) | 1.8% |
| Analyst forecast (LIF) (up to 3 years) | 8.9% |
Notable Dividend: LIF's dividend (8.64%) is higher than the bottom 25% of dividend payers in the Canadian market (1.75%).
High Dividend: LIF's dividend (8.64%) is in the top 25% of dividend payers in the Canadian market (6.14%)
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.