NEW YORK ( TheStreet) -- The ex-dividend date for Cliffs Natural Resources (NYSE: CLF) is Monday, February 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 28 cents per share. At a price of $75.05 as of 9:30 a.m. ET, the dividend yield is 1.5%. The average volume for Cliffs Natural has been 3.4 million shares per day over the past 30 days. Cliffs Natural has a market cap of $10.57 billion and is part of the basic materials sector and metals & mining industry. Shares are up 22.3% year to date as of the close of trading on Thursday. Cliffs Natural Resources Inc., a mining and natural resources company, produces iron ore pellets, lump and fines iron ore, and metallurgical coal products. The company has a P/E ratio of 5.9, above the average metals & mining industry P/E ratio of 5.7 and below the S&P 500 P/E ratio of 17.7.
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