Cash Distribution for the Fourth Quarter of 2010 - $0.50 per Stapled Unit and Special Dividend - $1.50 per Stapled Unit
Corporate Actions
TORONTO, Dec. 10 /CNW/ - The Directors of Labrador Iron Ore Royalty Corporation declared today a regular quarterly cash distribution of $0.50 per Stapled Unit, comprising a $0.234 interest payment on subordinated notes and a $0.266 common share dividend. The Directors also declared a special dividend of $1.50 per common share for a total distribution of $2.00 per Stapled Unit. All amounts are payable to holders of record at the close of business on December 31, 2010 and to be paid on January 25, 2011.
%SEDAR: 00030172E
For further information:
Bruce C. Bone President & Chief Executive Officer (416) 863-7133 E-mail- [email protected]
CO: Labrador Iron Ore Royalty Corporation
CNW 17:21e 10-DEC-10