NEW YORK ( TheStreet) -- The ex-dividend date for Cliffs Natural Resources (NYSE: CLF) is tomorrow, February 19, 2014. Owners of shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $23.35 as of 9:50 a.m. ET, the dividend yield is 2.6%. The average volume for Cliffs Natural has been 8.3 million shares per day over the past 30 days. Cliffs Natural has a market cap of $3.55 billion and is part of the basic materials sector and metals & mining industry. Shares are down 11.6% year to date as of the close of trading on Friday. Investor Day Jun 2011: *59% of North America iron ore priced by formula in 2011. Falling to 39% by 2014. *Eastern Canada Iron Ore (CLM acquisition): Phase I of Bloom Lake still ramping up. Expect 4.8mm t production in 2011, and reach full 8mm caapcity in 2012.
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