CLEVELAND, March 27, 2015 /PRNewswire/ -- Cliffs
Natural Resources Inc. (NYSE: 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 of the
close of business on April 15,
2015.
About Cliffs Natural Resources Inc.
Cliffs Natural
Resources Inc. is a leading mining and natural resources company in
the United States. The Company is
a major supplier of iron ore pellets to the North American steel
industry from its mines and pellet plants located in Michigan and Minnesota. Cliffs also operates an iron ore
mining complex in Western
Australia. Additionally, Cliffs produces low-volatile
metallurgical coal in the U.S. from its mines located in
Alabama and West Virginia. Driven by the core values of
safety, social, environmental and capital stewardship, Cliffs'
employees endeavor to provide all stakeholders operating and
financial transparency.
News releases and other information on the Company are available
at www.cliffsnaturalresources.com.
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SOURCE Cliffs Natural Resources Inc.