Cliffs Natural Stock To Go Ex-dividend Tomorrow (CLF)

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.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

TheStreet Ratings rates Cliffs Natural as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations and notable return on equity. However, as a counter to these strengths, we also find weaknesses including poor profit margins, a generally disappointing performance in the stock itself and generally higher debt management risk. You can view the full Cliffs Natural Ratings Report.

See our dividend calendar or top-yielding stocks list.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

More from Markets

Starbucks Surprises Wall Street With U.S. Sales Up a Paltry 2%

Starbucks Surprises Wall Street With U.S. Sales Up a Paltry 2%

Dow Jumps 238 Points as S&P 500, Nasdaq Also Climb

Dow Jumps 238 Points as S&P 500, Nasdaq Also Climb

Why Nashville, Denver, LA Should Reconsider Bids for Amazon HQ2

Why Nashville, Denver, LA Should Reconsider Bids for Amazon HQ2

3 Hot Reads From TheStreet's Top Premium Columnists

3 Hot Reads From TheStreet's Top Premium Columnists

Jim Cramer: Visa Is a Technology Company That Masquerades as a Financial Company

Jim Cramer: Visa Is a Technology Company That Masquerades as a Financial Company