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Cleveland-Cliffs Inc.

S&P 500

CLF/Basic Materials · Steel/NYSE

Dividend Yield

1.01%

$0.12 · Annual Dividend

Stock Price$10.76P/E147.4MCap6.8BLast update: Jun 26, 2026 at 06:56

Dividend Safety Rating

48/ 100Caution

CLF's dividend shows some areas that warrant monitoring. Strengths include a 0.0% earnings payout ratio & 0.0% fcf payout ratio. Areas of concern: -2.4x interest coverage & -18.6% return on equity.

Based on 12 of 15 metrics

Strengths

  • Earnings Payout Ratio: 0.0%Low earnings payout ratio leaves room to grow the dividend.
  • FCF Payout Ratio: 0.0%Free cash flow comfortably covers the dividend.
  • Current Ratio: 2.0xStrong short-term liquidity to meet obligations.

Risks

  • Interest Coverage: -2.4xInterest coverage is thin relative to debt servicing.
  • Return on Equity: -18.6%Return on equity is below industry norms.
  • Operating Margin: -2.9%Operating margin is thin and pressures the dividend.

Payout & Coverage

Safe

Balance Sheet

Safe

Profitability

Danger
-18.6%Danger
-2.9%Danger
-1.7%Danger

Dividend Track Record

Caution
2+ yrsWarning
NoneVery Safe
UnstableDanger

About Cleveland-Cliffs Inc.

Cleveland-Cliffs Inc. is a Cleveland-based industrial company focused on flat-rolled steel production and iron ore pellet supply for the North American market. Cleveland-Cliffs serves customers across automotive, infrastructure, manufacturing, and other industrial sectors through a vertically integrated model that spans raw material sourcing, steelmaking, rolling, finishing, and downstream fabrication services. Its operations also include tubular products, stamping, and tooling, supporting a broad range of metal-intensive applications. The company is organized around steelmaking and related business segments, with an emphasis on supplying high-quality steel products and processed materials to commercial and industrial buyers. Cleveland-Cliffs plays a significant role in the North American steel supply chain by combining mineral inputs, ironmaking capabilities, and finished steel products within a single operating platform.

Dividend Overview

Dividend Yield

1.01%

Annual Dividend

$0.12

Frequency

Semi-Annual

Payout Ratio

0.00%

FCF Payout Ratio

0.00%

52-Week Range

$7.00 - $16.70

Dividend History (2016–2025)

CLF annual dividend per share and yield history

Earnings & Profitability

CLF earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

April 2, 2020

Last Payment Date

April 15, 2020

Dividend Growth

3-Year Dividend CAGR

N/A

5-Year Dividend CAGR

N/A

10-Year Dividend CAGR

N/A

3-Year Total Growth

N/A

5-Year Total Growth

N/A

10-Year Total Growth

N/A

Income Calculator

CLF Dividend Calculator

Total Investment

$1,076.00

Annual Income

$12.00

Quarterly Income

$3.00

Monthly Income

$1.00

Frequently Asked Questions

What is CLF's current dividend yield?
Cleveland-Cliffs Inc. (CLF) currently has a dividend yield of 1.01%, based on a stock price of $10.76 and an annual dividend of $0.12.
When is CLF's next dividend payment date?
CLF's next ex-dividend date is 2020-04-02 and the next payment date is 2020-04-15. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does CLF pay in dividends per year?
Cleveland-Cliffs Inc. paid $0.12 per share in annual dividends in 2020. The dividends are paid semi-annual.
Has CLF been increasing its dividend?
Cleveland-Cliffs Inc. has grown its dividend at a 5-year CAGR of —.
Is CLF's dividend safe?
Cleveland-Cliffs Inc. has a payout ratio of 0.00%. Its free cash flow payout ratio is 0.00%. A payout ratio below 60% is generally considered sustainable.
How is CLF's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Cleveland-Cliffs Inc.'s dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for basic materials companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.