CLEVELAND – Feb. 11, 2014 – Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) today announced that 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 March 3, 2014, to shareholders of record as of the close of business on Feb. 21, 2014.
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 May 1, 2014 to shareholders of record as of the close of business on April 15, 2014.
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