GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Cleveland-Cliffs Inc (NYSE:CLF) » Definitions » Dividend Payout Ratio

Cleveland-Cliffs (Cleveland-Cliffs) Dividend Payout Ratio

: 0.00 (As of Dec. 2023)
View and export this data going back to 1985. Start your Free Trial

Cleveland-Cliffs's dividend payout ratio for the months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for Cleveland-Cliffs's Dividend Payout Ratio or its related term are showing as below:


During the past 13 years, the highest Dividend Payout Ratio of Cleveland-Cliffs was 0.24. The lowest was 0.02. And the median was 0.21.

CLF's Dividend Payout Ratio is not ranked *
in the Steel industry.
Industry Median: 0.29
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-04-19), the Dividend Yield % of Cleveland-Cliffs is 0.00%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Cleveland-Cliffs was 13.95%. The lowest was 0.00%. And the median was 3.80%.

Cleveland-Cliffs's Dividends per Share for the months ended in Dec. 2023 was $0.00.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Cleveland-Cliffs was 115.40% per year. The lowest was -34.90% per year. And the median was 4.90% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Cleveland-Cliffs Dividend Payout Ratio Historical Data

The historical data trend for Cleveland-Cliffs's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cleveland-Cliffs Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.21 - - - -

Cleveland-Cliffs Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Payout Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison

For the Steel subindustry, Cleveland-Cliffs's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cleveland-Cliffs Dividend Payout Ratio Distribution

For the Steel industry and Basic Materials sector, Cleveland-Cliffs's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Cleveland-Cliffs's Dividend Payout Ratio falls into.



Cleveland-Cliffs Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Cleveland-Cliffs's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=0/ 0.981
=0.00

Cleveland-Cliffs's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0/ -0.096
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cleveland-Cliffs (NYSE:CLF) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Cleveland-Cliffs Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Cleveland-Cliffs's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Cleveland-Cliffs (Cleveland-Cliffs) Business Description

Traded in Other Exchanges
Address
200 Public Square, Suite 3300, Cleveland, OH, USA, 44114-2315
Cleveland-Cliffs Inc is a flat-rolled steel producer and manufacturer of iron ore pellets in North America. It has one reportable segment -Steelmaking. It is vertically integrated from mined raw materials, direct reduced iron, and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling and tubing. It serves a diverse range of other markets due to its comprehensive offering of flat-rolled steel products. Geographically, it operates in the United States, Canada and other countries. The majority of revenue is from the United States. It is a supplier of steel to the automotive industry in North America.
Executives
Michael Ralph S Iii director
Goncalves Celso L Jr officer: EVP, CFO 200 PUBLIC SQUARE, SUITE 3300, CLEVELAND OH 44114
Arlene M Yocum director 99 PINE STREET, ALBANY NY 12207
Lourenco Goncalves director, officer: Chairman, President & CEO
Keith Koci officer: EVP, Chief Financial Officer ONE RIVERWAY, SUITE 1100, HOUSTON TX 77056
Douglas C Taylor director 200 PUBLIC SQUARE, SUITE 3300, CLEVELAND OH 44114
Susan Miranda Green director 11211 LANDY COURT, KENSINGTON MD 20895
Janet L Miller director 200 PUBLIC SQUARE, SUITE 3300, CLEVELAND OH 44114
Fisher Robert P Jr director 200 PUBLIC SQUARE, SUITE 3300, CLEVELAND OH 44067
John T Baldwin director 200 PUBLIC SQUARE, SUITE 3300, CLEVELAND OH 44114
Arcelormittal North America Holdings Llc other: Former 10% Owner 1 SOUTH DEARBORN STREET, 13TH FLOOR, CHICAGO IL 60603
Rcelormittal other: Former 10% Owner 24-26, BOULEVARD D?AVRANCHES, L-1160 LUXEMBOURG, GRAND DUCHY OF LUXEMBOURG N4 00000
Kimberly A Floriani officer: VP, Corp Controller & CAO 200 PUBLIC SQUARE, SUITE 3300, CLEVELAND OH 44114
M Ann Harlan director
William K Gerber director 999 WEST BIG BEAVER ROAD, TROY MI 48084