Cleveland-Cliffs Declares Second Quarter 2000 Dividend.Business Editors CLEVELAND--(BUSINESS WIRE)--May 9, 2000 Cleveland-Cliffs Inc (NYSE NYSE See: New York Stock Exchange :CLF CLF The ISO 4217 currency code for Chile Unidades de Fomento. ) today announced that its Board of Directors declared a quarterly dividend of $.375 per common share. The dividend is payable June 1, 2000 to shareholders of record as of the close of business on May 19, 2000. The rate is unchanged from the previous quarterly dividend. Cleveland-Cliffs is the largest supplier of iron ore products to the North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. steel industry and is developing a significant ferrous metallics business. Subsidiaries of the Company manage six iron ore mines in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. and hold equity interests in five of the mines. Cliffs has a major iron ore reserve position in the United States, is a substantial iron ore merchant, and is beginning production of hot briquetted iron at a joint venture plant in Trinidad and Tobago Trinidad and Tobago (trĭn`ĭdăd, təbā`gō), officially Republic of Trinidad and Tobago, republic (2005 est. pop. 1,088,000), 1,980 sq mi (5,129 sq km), West Indies. The capital is Port of Spain. . To obtain faxed copies of Cleveland-Cliffs Inc news releases dial (800) 778-3888. News releases and other information on the Company are available on the Internet at http://www.cleveland-cliffs.com |
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