Replies to post #4505 on The Rising Influence of Rising Affluence

[DewDiligence]

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.