Cliffs Natural Stock To Go Ex-dividend Tomorrow (CLF)
The ex-dividend date for Cliffs Natural Resources (NYSE:CLF) is tomorrow, May 15, 2013. Owners of shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $22.80 as of 9:31 a.m., the dividend yield is 2.5%.
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- The ex-dividend date for Cliffs Natural Resources (NYSE: CLF) is tomorrow, May 15, 2013. Owners of shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $22.80 as of 9:31 a.m. ET, the dividend yield is 2.5%. The average volume for Cliffs Natural has been 13.4 million shares per day over the past 30 days. Cliffs Natural has a market cap of $3.6 billion and is part of the basic materials sector and metals & mining industry. Shares are down 39% 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.
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TheStreet Ratings rates Cliffs Natural as a hold. Among the primary strengths of the company is its generally strong cash flow from operations. At the same time, however, we also find weaknesses including disappointing return on equity, poor profit margins and a generally disappointing performance in the stock itself. You can view the full Cliffs Natural Ratings Report. See our dividend calendar or top-yielding stocks list. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.