Cleveland-Cliffs Inc.
CLFCleveland-Cliffs Inc. (CLF) is a leading supplier of iron ore pellets and steel products in North America. Established in 1847, the company primarily focuses on mining iron ore and producing steel for various applications, including automotive, construction, and machinery industries. Cleveland-Cliffs is recognized for its integrated operations, from mining to manufacturing, and is a significant player in the steel industry with a strong emphasis on sustainable and responsible mining practices.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| April 15, 2020 | $0.06 | 2020-04-02 | 2020-04-03 |
| January 15, 2020 | $0.06 | 2020-01-02 | 2020-01-03 |
| October 15, 2019 | $0.06 | 2019-10-03 | 2019-10-04 |
| October 15, 2019 | $0.04 | 2019-10-03 | 2019-10-04 |
| July 15, 2019 | $0.06 | 2019-07-03 | 2019-07-05 |
Dividends Summary
- Consistent Payer: Cleveland-Cliffs Inc. has rewarded shareholders with 48 dividend payments over the past 16 years.
- Total Returned Value: Investors who held CLF shares during this period received a total of $7.78 per share in dividend income.
- Latest Payout: The most recent dividend of $0.06/share was paid 2285 days ago, on April 15, 2020.
- Yield & Schedule: CLF currently pays dividends quarterly with an annual yield of 2.37%.
- Dividend Growth: Since 2004, the dividend payout has decreased by 70.0%, from $0.20 to $0.06.
Company News
Steel Dynamics and Cleveland-Cliffs reported Q1 2026 earnings amid a 50% tariff on imported steel that has reduced U.S. imports to 17-year lows. Steel Dynamics thrived with $403 million in profit and a 13% EBITDA margin, while Cleveland-Cliffs posted a $229 million loss with only a 2% margin. The divergence stems from their business models: Steel...
Steel Dynamics reported record quarterly shipments and an 84% increase in net income, driving its stock up 10.6% this week. The company capitalized on strong pricing and high mill utilization. In contrast, Cleveland-Cliffs faced headwinds from unfavorable contract pricing and high energy costs. Nucor's upcoming earnings report could further boost...
Cleveland-Cliffs stock plunged 32.5% after reporting a $1.4 billion net loss for 2025, driven by weak automotive demand and an unprofitable steel slab contract with ArcelorMittal USA. However, management projects a strong 2026 recovery as automotive volumes recover, steel prices surge to two-year highs, and Canadian import restrictions benefit it...
Cleveland-Cliffs stock plummeted 16.43% after reporting Q4 2025 revenue that missed Wall Street expectations and a full-year net loss of $1.4 billion. However, management provided an optimistic 2026 outlook with expected steel shipment increases of over 3% and cost-cutting initiatives. A pending strategic partnership with South Korea's Posco Hold...
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