It’s been a choppy ride for Labrador Iron Ore Royalty (TSX:LIF) lately. The dividend stock has slipped from its 52-week high near $34 and fallen 10% in the last year, leaving income investors wondering whether the pullback is an opportunity or a warning sign. With an 8% yield on the table, the temptation is strong,…
Canadians are feeling the heat when it comes to their finances. In these moments, stable income becomes more valuable than ever. That’s why a stock like Labrador Iron Ore Royalty (TSX:LIF), with its sky-high 10.42% dividend yield, is getting attention. So, let’s get into why. About LIF LIF isn’t your typical mining stock. It doesn’t…
Image source: Getty Images In case you’re wondering, no. It’s not just Canada. Around the world markets continue to be a volatile place, even with the TSX at all-time highs. Interest rates are dropping as with inflation, but a United States presidential election coming up certainly adds a wrench in the plans. That’s why dividend…
Image source: Getty Images Royalty stocks can be a fantastic addition to your investment portfolio, offering a steady stream of income with relatively low risk. Investors in royalty companies often enjoy impressive yields. That’s thanks to the business model of receiving ongoing royalties from companies that produce or extract resources. Plus, these companies typically have…