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NEW YORK ( TheStreet) -- The ex-dividend date for Cliffs Natural Resources (NYSE: CLF) is tomorrow, April 25, 2012. Owners of shares as of market close today will be eligible for a dividend of 63 cents per share. At a price of $65.95 as of 9:30 a.m. ET, the dividend yield is 3.7%. The average volume for Cliffs Natural has been 3.6 million shares per day over the past 30 days. Cliffs Natural has a market cap of $9.44 billion and is part of the basic materials sector and metals & mining industry. Shares are up 5.8% year to date as of the close of trading on Monday. Cliffs Natural Resources Inc., a mining and natural resources company, engages in the production of iron ore pellets, fines and lump ore, and metallurgical coal. The company has a P/E ratio of 5.8, equal to the average metals & mining industry P/E ratio and below the S&P 500 P/E ratio of 17.7.