Cleveland-Cliffs Inc. (CLF)
Cleveland-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 | $0.04 | 2019-10-03 | 2019-10-04 |
| October 15, 2019 | $0.06 | 2019-10-03 | 2019-10-04 |
| July 15, 2019 | $0.06 | 2019-07-03 | 2019-07-05 |
Dividends Summary
- Cleveland-Cliffs Inc. has issued 48 dividend payments over the past 16 years
- The most recent dividend was paid 2016 days ago, on April 15, 2020
- The highest dividend payed out to investors during this period was $0.62 per share
- The average dividend paid during this period was $0.16 per share.
Company News
Cleveland-Cliffs reported Q3 earnings with a net loss and missed revenue estimates, but saw stock surge due to potential rare earth mineral opportunities and a new memorandum of understanding with a global steel producer.
U.S. stock futures rose on Monday, with investors anticipating major earnings reports from tech and consumer companies. Market analysts highlighted strong corporate earnings but warned about potential consumer pressures from increasing tariffs.
Cleveland-Cliffs is experiencing a significant stock rally driven by U.S. trade tariffs, onshoring initiatives, and potential steel market recovery, with the company seeing record steel shipments and potential earnings growth.
Law firm investigating potential securities law violations for three companies: Semler, GoHealth, and Cleveland-Cliffs, following DOJ investigations and financial performance issues.
In the closing of the recent trading day, Cleveland-Cliffs (CLF) stood at $14.45, denoting a -1.97% change from the preceding trading day.
