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Cliffs Natural Resources Inc. Declares Quarterly Cash Dividend on Preferred Shares
PR Newswire Cliffs Natural Resources Inc.
March 27, 2015 7:00 AM
CLEVELAND, March 27, 2015 /PRNewswire/ -- Cliffs Natural Resources Inc. (CLF) today announced that its Board of Directors 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, 2015 to shareholders of record as o
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