Cleveland-Cliffs Inc. operates as a flat-rolled steel producer in North America. The company offers carbon steel products, such as hot-rolled, cold-rolled, electrogalvanized, hot-dip galvanized, hot-dip galvannealed, aluminized, enameling, and advanced high-strength steel products; stainless steel products; plates; and grain oriented and non-oriented electrical steel products. It also provides tubular components, including carbon steel, stainless steel, and electric resistance welded tubing. In addition, the company offers tinplate products, such as electrolytic tin coated and chrome coated sheet, and tin mill products; tooling and sampling; raw materials; ingots, rolled blooms, and cast blooms; and hot-briquetted iron products. Further, it owns five iron ore mines in Minnesota and Michigan. The company serves automotive, infrastructure and manufacturing, distributors and converters, and steel producers. Cleveland-Cliffs Inc. was formerly known as Cliffs Natural Resources Inc. and changed its name to Cleveland-Cliffs Inc. in August 2017. The company was founded in 1847 and is headquartered in Cleveland, Ohio.
Cleveland-Cliffs Dividend Announcement
• Cleveland-Cliffs announced a quarterly dividend of $0.06 per ordinary share which will be made payable on 2020-04-15. Ex dividend date: 2020-04-02
• Cleveland-Cliffs's trailing twelve-month (TTM) dividend yield is -%
Cleveland-Cliffs Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2020-04-02 | $0.06 | quarterly | 2020-04-15 |
2020-01-02 | $0.06 | quarterly | 2020-01-15 |
2019-10-03 | $0.06 | quarterly | 2019-10-15 |
2019-07-03 | $0.06 | quarterly | 2019-07-15 |
2019-04-04 | $0.05 | quarterly | 2019-04-15 |
2019-01-03 | $0.05 | quarterly | 2019-01-15 |
2014-11-12 | $0.15 | quarterly | 2014-12-01 |
2014-08-13 | $0.15 | quarterly | 2014-09-02 |
2014-05-21 | $0.15 | quarterly | 2014-06-03 |
2014-02-19 | $0.15 | quarterly | 2014-03-03 |
2013-11-20 | $0.15 | quarterly | 2013-12-02 |
2013-08-13 | $0.15 | quarterly | 2013-09-03 |
2013-05-15 | $0.15 | quarterly | 2013-06-03 |
2013-02-20 | $0.15 | quarterly | 2013-03-01 |
2012-11-20 | $0.62 | quarterly | 2012-12-03 |
2012-08-13 | $0.62 | quarterly | 2012-08-31 |
2012-04-25 | $0.62 | quarterly | 2012-06-01 |
2012-02-13 | $0.28 | quarterly | 2012-03-01 |
2011-11-16 | $0.28 | quarterly | 2011-12-01 |
2011-08-11 | $0.28 | quarterly | 2011-09-01 |
2011-04-27 | $0.14 | quarterly | 2011-06-01 |
2011-02-11 | $0.14 | quarterly | 2011-03-01 |
2010-11-17 | $0.14 | quarterly | 2010-12-01 |
2010-08-11 | $0.14 | quarterly | 2010-09-01 |
2010-05-12 | $0.14 | quarterly | 2010-06-01 |
2010-02-11 | $0.09 | quarterly | 2010-03-01 |
2009-11-18 | $0.09 | quarterly | 2009-12-01 |
2009-08-12 | $0.04 | quarterly | 2009-09-01 |
2009-05-20 | $0.04 | quarterly | 2009-06-01 |
2009-02-12 | $0.09 | quarterly | 2009-03-02 |
2008-11-12 | $0.09 | quarterly | 2008-12-01 |
2008-08-13 | $0.09 | quarterly | 2008-09-02 |
2008-05-21 | $0.04 | quarterly | 2008-06-02 |
2008-02-13 | $0.17 | quarterly | 2008-03-03 |
2007-11-20 | $0.12 | quarterly | 2007-12-03 |
2007-08-13 | $0.12 | quarterly | 2007-09-04 |
2007-05-16 | $0.12 | quarterly | 2007-06-01 |
2007-02-13 | $0.12 | quarterly | 2007-03-01 |
2006-11-21 | $0.12 | quarterly | 2006-12-01 |
2006-08-11 | $0.06 | quarterly | 2006-09-01 |
2006-05-17 | $0.25 | quarterly | 2006-06-01 |
2006-02-13 | $0.20 | quarterly | 2006-03-01 |
2005-11-10 | $0.20 | quarterly | 2005-12-01 |
2005-08-10 | $0.20 | quarterly | 2005-09-01 |
2005-05-18 | $0.10 | quarterly | 2005-06-01 |
2005-02-16 | $0.10 | quarterly | 2005-03-01 |
Cleveland-Cliffs Dividend per year
Cleveland-Cliffs Dividend growth
Cleveland-Cliffs Dividend Yield
Cleveland-Cliffs current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Cleveland-Cliffs stock? Use our calculator to estimate your expected dividend yield:
Cleveland-Cliffs Financial Ratios
Cleveland-Cliffs Dividend FAQ
Other factors to consider when evaluating Cleveland-Cliffs as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Cleveland-Cliffs's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Cleveland-Cliffs publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Cleveland-Cliffs distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Cleveland-Cliffs are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Cleveland-Cliffs sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Cleveland-Cliffs distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Cleveland-Cliffs declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Cleveland-Cliffs's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Cleveland-Cliffs's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.