Cleveland-Cliffs Declares Regular Quarterly and Special Cash Dividend on Common Shares
September 03 2019 - 8:00AM
Business Wire
Cleveland-Cliffs Inc. (NYSE: CLF) today announced that
its Board of Directors declared a regular quarterly cash dividend
on the Company's common shares of $0.06 per share. In addition to
the regular dividend, the Board of Directors also declared a
special cash dividend of $0.04 per share, for a total dividend
distribution of $0.10 per share.
Both the regular and special cash dividend will be payable on
October 15, 2019, to shareholders of record as of the close of
business on October 4, 2019.
About Cleveland-Cliffs Inc.
Founded in 1847, Cleveland-Cliffs Inc. is the largest and oldest
independent iron ore mining company in the United States. The
company is a major supplier of iron ore pellets to the North
American steel industry from its mines and pellet plants located in
Michigan and Minnesota. By 2020, Cliffs expects to be the sole
producer of hot briquetted iron (HBI) in the Great Lakes region
with the development of its first production plant in Toledo, Ohio.
Driven by the core values of safety, social, environmental and
capital stewardship, Cliffs’ employees endeavor to provide all
stakeholders with operating and financial transparency.
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