Labrador Iron Ore Royalty Dividend
Dividend criteria checks 4/6
Labrador Iron Ore Royalty is a dividend paying company with a current yield of 8.67% that is well covered by earnings.
Key information
8.7%
Dividend yield
88%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$2.91 |
Dividend yield forecast in 3Y | 9.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LIFZ.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: LIFZ.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Labrador Iron Ore Royalty Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (LIFZ.F) | 8.7% |
Market Bottom 25% (US) | 1.6% |
Market Top 25% (US) | 4.8% |
Industry Average (Metals and Mining) | 2.2% |
Analyst forecast in 3 Years (LIFZ.F) | 9.7% |
Notable Dividend: LIFZ.F's dividend (8.67%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: LIFZ.F's dividend (8.67%) is in the top 25% of dividend payers in the US market (4.82%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (87.6%), LIFZ.F's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (107%), LIFZ.F's dividend payments are not well covered by cash flows.