Looking at the universe of stocks we cover at Dividend Channel, on 4/4/19, Cleveland-Cliffs Inc (Symbol: CLF) will trade ex-dividend, for its quarterly dividend of $0.05, payable on 4/15/19. As a percentage of CLF's recent stock price of $10.38, this dividend works out to approximately 0.48%.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CLF is likely to continue, and whether the current estimated yield of 1.93% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of CLF shares, versus its 200 day moving average:
Looking at the chart above, CLF's low point in its 52 week range is $6.65 per share, with $13.10 as the 52 week high point — that compares with a last trade of $10.30.
In Tuesday trading, Cleveland-Cliffs Inc shares are currently up about 0.1% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.