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.
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Bruce C. Bone
President & Chief Executive Officer