Cleveland-Cliffs Inc Dividends

The next dividend date for Cleveland-Cliffs Inc has not yet been scheduled.

What is a Dividend Date

When we talk about a dividend date, we’re referring specifically to the ex-dividend date.

This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.

The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.

Most brokerages will automatically credit the dividend to your account once it’s issued.

Historical Dividends for Cleveland-Cliffs Inc (CLF)

DateDeclaration DateRecord DatePayment DateAmount
04/02/202002/18/202004/03/202004/15/2020$0.06
01/02/202012/02/201901/03/202001/15/2020$0.06
10/03/201909/03/201910/04/201910/15/2019$0.10
07/03/201905/31/201907/05/201907/15/2019$0.06
04/04/201902/20/201904/05/201904/15/2019$0.05
01/03/201910/18/201801/04/201901/15/2019$0.05
11/12/201411/04/201411/15/201412/01/2014$0.15
08/13/201407/28/201408/15/201409/02/2014$0.15
05/21/201405/12/201405/23/201406/03/2014$0.15
02/19/201402/11/201402/21/201403/03/2014$0.15
11/20/201311/12/201311/22/201312/02/2013$0.15
08/13/201307/09/201308/15/201309/03/2013$0.15
05/15/201305/07/201305/17/201306/03/2013$0.15
02/20/201302/11/201302/22/201303/01/2013$0.15
11/20/201211/13/201211/23/201212/03/2012$0.63
08/13/201207/10/201208/15/201208/31/2012$0.63
04/25/201203/19/201204/27/201206/01/2012$0.63
02/13/201201/12/201202/15/201203/01/2012$0.28
11/16/201111/08/201111/18/201112/01/2011$0.28
08/11/201107/12/201108/15/201109/01/2011$0.28
04/27/201104/14/201104/29/201106/01/2011$0.14
02/11/201101/12/201102/15/201103/01/2011$0.14
11/17/201011/09/201011/19/201012/01/2010$0.14
08/11/201007/14/201008/13/201009/01/2010$0.14
05/12/201003/11/201005/14/201006/01/2010$0.14
02/11/201001/13/201002/16/201003/01/2010$0.09
11/18/200911/11/200911/20/200912/01/2009$0.09
08/12/200907/15/200908/14/200909/01/2009$0.04
05/20/200905/12/200905/22/200906/01/2009$0.04
02/12/200901/13/200902/17/200903/02/2009$0.09
11/12/200809/09/200811/14/200812/01/2008$0.09
08/13/200807/08/200808/15/200809/02/2008$0.09
05/21/200805/13/200805/23/200806/02/2008$0.09
02/13/200801/08/200802/15/200803/03/2008$0.09
11/20/200711/13/200711/23/200712/03/2007$0.06
08/13/200707/11/200708/15/200709/04/2007$0.06
05/16/200705/08/200705/18/200706/01/2007$0.06
02/13/200701/09/200702/15/200703/01/2007$0.06
11/21/200611/14/200611/24/200612/01/2006$0.06
08/11/200607/11/200608/15/200609/01/2006$0.06
05/17/200605/09/200605/19/200606/01/2006$0.06
02/13/200601/11/200602/15/200603/01/2006$0.05
11/10/200511/08/200511/15/200512/01/2005$0.05
08/10/200507/13/200508/12/200509/01/2005$0.05
05/18/200505/11/200505/20/200506/01/2005$0.03
02/16/200501/11/200502/18/200503/01/2005$0.03
11/17/200411/09/200411/19/200412/01/2004$0.03
11/20/200111/13/200111/23/200112/03/2001$0.01
08/14/200107/10/200108/16/200109/04/2001$0.01
05/16/200105/08/200105/18/200106/01/2001$0.01
02/09/200101/09/200102/13/200103/01/2001$0.01
11/21/200011/14/200011/24/200012/01/2000$0.05
08/10/200007/11/200008/14/200009/01/2000$0.05
05/17/200005/09/200005/19/200006/01/2000$0.05
02/14/200001/11/200002/16/200003/01/2000$0.05
11/17/199911/09/199911/19/199912/01/1999$0.05
08/11/199907/13/199908/13/199909/01/1999$0.05
05/18/199905/11/199905/20/199906/01/1999$0.05
02/12/199901/12/199902/17/199903/01/1999$0.05
11/18/199811/10/199811/20/199812/01/1998$0.05
08/11/199807/14/199808/13/199809/01/1998$0.05
05/20/199805/12/199805/22/199806/01/1998$0.05
02/13/199801/13/199802/18/199803/02/1998$0.04
11/19/199711/11/199711/21/199712/01/1997$0.04
08/08/199707/08/199708/12/199709/02/1997$0.04
05/21/199705/13/199705/23/199706/02/1997$0.04
02/18/199701/14/199702/20/199703/03/1997$0.04
12/10/199611/12/199612/12/199612/27/1996$0.04
08/16/199607/09/199608/20/199609/10/1996$0.04
08/13/1996---------$0.33
05/23/199605/14/199605/28/199606/10/1996$0.04
02/14/199601/09/199602/19/199603/01/1996$0.04
12/08/199511/14/199512/12/199512/27/1995$0.04
08/16/199507/11/199508/18/199509/08/1995$0.04
05/17/199505/09/199505/23/199506/30/1995$0.04
02/13/1995---02/20/199503/03/1995$0.04
12/06/1994---12/12/199412/27/1994$0.04
08/15/1994---08/19/199409/09/1994$0.04
05/18/1994---05/24/199406/08/1994$0.04
02/14/1994---02/21/199403/04/1994$0.04
12/07/1993---12/13/199312/27/1993$0.04
08/16/1993---08/20/199309/10/1993$0.04
07/14/1993---07/01/199307/13/1993$0.13
05/19/1993---05/25/199306/09/1993$0.04
02/16/1993---02/22/199303/05/1993$0.04
12/08/1992---12/14/199212/28/1992$0.04
08/17/1992---08/21/199209/11/1992$0.04
05/18/1992---05/22/199206/08/1992$0.04
02/18/1992---02/24/199203/06/1992$0.03
12/09/1991---12/13/199112/27/1991$0.03
08/16/1991---08/22/199109/10/1991$0.03
05/20/1991---05/24/199106/10/1991$0.03
02/19/1991---02/25/199103/08/1991$0.53
01/28/1991---02/01/199102/15/1991$0.50
12/11/199011/15/199012/17/199012/28/1990$0.03
08/17/199007/12/199008/23/199009/07/1990$0.03
05/18/199005/09/199005/24/199006/11/1990$0.03
02/20/199001/11/199002/26/199003/09/1990$0.03
12/11/198911/16/198912/15/198912/28/1989$0.03
08/21/198907/13/198908/25/198909/11/1989$0.03
11/11/1986---------$0.01
08/20/1986---------$0.01
05/20/1986---------$0.01
02/18/1986---------$0.03
12/11/1985---------$0.03
08/20/1985---------$0.03

More About Cleveland-Cliffs Inc

Country
USA
Full Time Employees
25,000

Cleveland-Cliffs Inc. operates as a steel producer in the United States and Canada. It offers hot-rolled, cold-rolled, and coated products, such as aluminized, electrogalvanized, and galvalume products, as well as galvanneal and hot-dipped galvanized products; stainless and electrical products, including GOES, NOES, and auto chrome; plate products; and slab and other steel products. The company also provides non- steelmaking products comprising stamped components, tool and die, and tubing; and scrap, iron ore, HBI, coal, and coke products. It also provides tubular components, including carbon steel, stainless steel, and electric resistance welded tubing products. In addition, the company is involved in the mining of iron ore; production of pellets and direct reduced iron; and processing of ferrous scrap through primary steelmaking and downstream finishing, stamping, tooling, and tubing. It serves direct automotive, infrastructure and manufacturing, distributors and converters, and steel producers. The company was formerly known as Cliffs Natural Resources Inc. and changed its name to Cleveland-Cliffs Inc. in August 2017. Cleveland-Cliffs Inc. was founded in 1847 and is headquartered in Cleveland, Ohio.

Owning Cleveland-Cliffs Inc Stock on the Dividend Date

If you own Cleveland-Cliffs Inc stock on the ex-dividend date, then you earn the associated dividend.

Theoretically, the price of Cleveland-Cliffs Inc stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Cleveland-Cliffs Inc stock).

Therefore, it is typically not expected that there is any incremental profit to be gained from buying Cleveland-Cliffs Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Cleveland-Cliffs Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.

Owning Cleveland-Cliffs Inc Options on the Dividend Date

Unlike the stock price, which will normally have an abrupt decrease by the amount of the dividend on the ex-dividend date, option prices typically do not reflect the same phenomenon.

The reason is that in the time leading up to the ex-dividend date, that projected drop in Cleveland-Cliffs Inc stock price from the dividend is already baked into Cleveland-Cliffs Inc option prices.

That means the prices of call options that overlap the Cleveland-Cliffs Inc ex-dividend date typically go down in the period leading up to the ex-dividend date.

The prices of put options that overlap the Cleveland-Cliffs Inc ex-dividend date typically go up in the period leading up to the ex-dividend date.

Owners of Cleveland-Cliffs Inc call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Cleveland-Cliffs Inc put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.

Learning More Cleveland-Cliffs Inc Dividends

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