CLEVELAND – May 13, 2014 – Cliffs Natural Resources Inc. (NYSE: 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 June 3, 2014, to shareholders of record as of the close of business on May 23, 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. The cash dividend will be payable on Aug. 1, 2014 to shareholders of record as of the close of business on July 15, 2014.
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