News-Releases
News Releases

News Releases

Labrador Iron Ore Royalty Corporation - Cash Distribution For The Fourth Quarter Of 2011 - $0.25 Per Stapled Unit And Special Dividend - $0.125 Per Stapled Unit

December, 07, 2011

TORONTO, Dec. 7, 2011 /CNW/ - The Directors of Labrador Iron Ore Royalty Corporation declared today a regular quarterly cash distribution of $0.25 per Stapled Unit, comprising a $0.117 interest payment on subordinated notes and a $0.133 common share dividend. The Directors also declared a special dividend of $0.125 per common share for a total distribution of $0.375 per Stapled Unit. All amounts are payable to holders of record at the close of business on December 31, 2011 and to be paid on January 25, 2012.