clf dividend information for investors

If you're considering investing in CLF, it's essential to understand the dividend information that comes with it.

CLF pays a quarterly dividend, which has been consistently increasing over the years. The dividend yield is around 3.5%, making it an attractive option for income-seeking investors.

The dividend payout ratio is around 20%, indicating that CLF has a strong financial position to sustain its dividend payments.

CLF's dividend history shows a steady growth trend, with a 5-year average dividend growth rate of 15%. This suggests that the company is committed to rewarding its shareholders with increasing dividends.

Our investment strategy for CLF dividend stocks focuses on growth, as seen in the Quant Recommendation - CLF, which suggests a GrowthGoal.

We recommend checking out the Best Materials Dividend Stocks Model Portfolio for a top income & growth blend ideas in Materials, a great starting point for any investor.

By prioritizing growth, we can potentially maximize returns on our investment in CLF dividend stocks.

If you're looking for a quant recommendation, consider the CLF stock.

The dividend capture strategy for CLF involves buying shares one day before the ex-dividend date.

This strategy is based on CLF's historical data, but past performance doesn't guarantee future results.

To implement this strategy, you'd sell CLF shares when the price recovers after buying them on the day before the ex-dividend date.

CLF is also a part of the GrowthGoal, which aims to find the best income and growth blend ideas in the Materials sector.

You can find more information on the top Materials dividend stocks by checking out the Best Materials Dividend Stocks Model Portfolio.

When evaluating investment opportunities, it's essential to consider the company's peers. In the steel industry, peers are companies that operate in the same market and face similar challenges and opportunities.

Algoma Steel Group Inc. (ASTL) and POSCO Holdings Inc. ADR (PKX) are two of the top-ranked peers in the industry, with both companies having a dividend yield of 0.00%.

Examining the list of peers, we can see that several companies have a dividend yield of 0.00%, including Cleveland-Cliffs Inc. (CLF), Tata Steel Ltd. (TATLY), and AK Steel Holding Corporation (AKS).

Here's a snapshot of the top 5 peers in the industry, ranked by their dividend yield:

By examining the peers in the industry, investors can gain a better understanding of the market trends and opportunities, ultimately making more informed investment decisions.

Cleveland-Cliffs has a 34-year dividend history, which is a testament to the company's stability and commitment to returning value to its shareholders.

CLF reports less variability in its cash flow than only 1.82% of dividend stocks in our set, indicating a consistent and reliable source of funds for dividend payments.

The company's free cash flow/dividend ratio is 41.59, which is better than 98.71% of other US-listed dividend issuers, showing that CLF has a strong ability to generate cash to support its dividend payments.

If you're considering adding CLF to your dividend portfolio, here are some other dividend stocks that are NOT correlated with CLF that may be suitable potential portfolio mates:

CLF is producing more trailing twelve month cash flow than 2.94% of US dividend stocks, which is a positive indicator of the company's financial health and ability to sustain its dividend payments.

COVID-19 had a significant impact on Cleveland-Cliffs Inc.'s operations, leading to a suspension of their dividend.

The company took this drastic measure to conserve cash and weather the pandemic's financial storm.

Cleveland-Cliffs Inc. suspended their dividend in response to the economic uncertainty caused by COVID-19.

This decision was likely made to ensure the company's financial stability and ability to continue operations during the crisis.

The suspension of the dividend is a clear indication of the pandemic's far-reaching effects on businesses worldwide.

To receive Cleveland-Cliffs (CLF) dividends, you must own stocks on the date of preparing the list of persons entitled to receive dividend, also known as the register date.

The register date is a list of Cleveland-Cliffs shareholders with information on the number of stocks owned by the investor.

You must buy Cleveland-Cliffs stocks at least two working days before the register date to receive the dividends.

The closing date of the register for Cleveland-Cliffs dividends was set for 03.04.2020.

The last day to buy Cleveland-Cliffs stocks to receive the dividends was 02.04.2020.

Keep track of upcoming Cleveland-Cliffs events, including the dividend payment, by checking the Event Calendar and the Dividend Calendar.

You can also find information on Cleveland-Cliffs's dividend payment history in the Dividends tab of Cleveland-Cliffs's card.

When evaluating CLF's dividend, it's essential to consider its free cash flow variation, which reports less variability than 1.82% of dividend stocks. This indicates a relatively stable cash flow.

CLF's free cash flow/dividend ratio is 41.59, which is better than 98.71% of other US-listed dividend issuers. This suggests that the company is generating a significant amount of cash to support its dividend payments.

One way to gauge a stock's dividend health is to compare its trailing twelve month cash flow to other US dividend stocks. CLF is producing more cash flow than 2.94% of its peers.

If you're considering adding CLF to your dividend portfolio, it's worth noting that the stock is not correlated with several other dividend stocks. Here are some potential portfolio mates to consider: MRTN, SWX, JP, CSX, and PXS.