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Re: DewDiligence post# 4505

Tuesday, 03/13/2012 9:38:16 PM

Tuesday, March 13, 2012 9:38:16 PM

Post# of 30545
CLF more than doubles annualized dividend payout from $1.12 to $2.50:

http://finance.yahoo.com/news/cliffs-natural-resources-inc-announces-201600242.html

At the current share price, the new dividend yield is a whopping 3.9% (!).

CLF CC tomorrow (Wed) at 10am to discuss the new dividend payout and related matters.

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