Q2 2015 EARNINGS JUL. 29
Cliffs intends to announce Q2 2015 financial results before the U.S.-market open Wednesday, Jul. 29. The Company invites interested parties to listen to a live broadcast of a conference call with securities analysts and institutional investors to discuss the results at 10 am ET later that morning.
A link to the live webcast is available on our Investors site.
QUARTERLY CASH DIVIDEND DECLARED
Cliffs' 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 Aug. 3, 2015 to shareholders of record of the Series A preferred stock as of the close of business on July 15, 2015. The Company stated that the aggregate amount of the preferred dividend payment is approximately $12.8 million.