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Cliffs Natural Resources (CLF) Doubles Quarterly Dividend to $0.28; Yields 1.2%

July 12, 2011 6:21 AM EDT
Cliffs Natural Resources (NYSE: CLF) declared a quarterly dividend of $0.28 per share, or $1.12 annualized. This is a 100% increase from the prior dividend of $0.14.

The dividend will be payable on July 1, 2011, to stockholders of record on August 15, 2011, with an ex-dividend date of August 11, 2011.

The annual yield on the dividend is 1.2 percent.


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