CLEVELAND – Nov. 12, 2013 – Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) today announced that on Nov. 11, 2013 its Board of Directors declared a quarterly cash dividend on the Company’s common shares of $0.15 per share. The cash dividend will be payable on Dec. 2, 2013, to shareholders of record as of the close of business on Nov. 22, 2013.
Cliffs’ Board of Directors also declared a quarterly cash dividend on the Company’s 7.00% Series A Mandatory Convertible Preferred Stock, Class A (“Series A preferred stock”), of $17.50 per share, which is equivalent to approximately $0.4375 per depositary share, each representing 1/40th of a share of Series A preferred stock. The cash dividend will be payable on Feb. 3, 2014 to shareholders of record as of the close of business on Jan. 15, 2014.
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