Home |
Free Dividend Report |
CLF Dividend History |
CLF Stock Split History |
Preferred Stock Newsletter |
CLF Options Chain |
CLF Message Board |
Cleveland-Cliffs (CLF) has 3 splits in our CLF split history database. The first split for CLF took place on January 03, 2005. This was a 2 for 1 split, meaning for each share of CLF owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split. CLF's second split took place on July 03, 2006. This was a 2 for 1 split, meaning for each share of CLF owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split. CLF's third split took place on May 16, 2008. This was a 2 for 1 split, meaning for each share of CLF owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split.
When a company such as Cleveland-Cliffs splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the CLF split history from start to finish, an original position size of 1000 shares would have turned into 8000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Cleveland-Cliffs shares, starting with a $10,000 purchase of CLF, presented on a split-history-adjusted basis factoring in the complete CLF split history.
Growth of $10,000.00 With Dividends Reinvested |
|||
Start date: | 04/01/2014 | ||
End date: | 03/28/2024 | ||
Start price/share: | $20.04 | ||
End price/share: | $22.74 | ||
Starting shares: | 499.00 | ||
Ending shares: | 543.57 | ||
Dividends reinvested/share: | $0.83 | ||
Total return: | 23.61% | ||
Average Annual Total Return: | 2.14% | ||
Starting investment: | $10,000.00 | ||
Ending investment: | $12,357.58 | ||
Years: | 10.00 | ||
Growth of $10,000.00 Without Dividends Reinvested |
|||
Start date: | 04/01/2014 | ||
End date: | 03/28/2024 | ||
Start price/share: | $20.04 | ||
End price/share: | $22.74 | ||
Dividends collected/share: | $0.83 | ||
Total return: | 17.61% | ||
Average Annual Total Return: | 1.64% | ||
Starting investment: | $10,000.00 | ||
Ending investment: | $11,765.96 | ||
Years: | 10.00 |
About Cleveland-Cliffs |
Cleveland-Cliffs is a flat-rolled steel producer in North America. Co. is a supplier of iron ore pellets in North America. Co. primarily operates through one reportable segment, which operates as a flat-rolled steel producer supported by being the iron ore pellet producer as well as a prime scrap processor in North America, primarily serving the automotive, infrastructure and manufacturing, and distributors and converters markets. Co.'s Other Businesses primarily include the operating segments that provide customer solutions with carbon and stainless steel tubing products, advanced-engineered solutions, tool design and build, hot- and cold-stamped steel components, and assemblies. According to our CLF split history records, Cleveland-Cliffs has had 3 splits. |
CLF Split History Table | |
Date | Ratio |
01/03/2005 | 2 for 1 |
07/03/2006 | 2 for 1 |
05/16/2008 | 2 for 1 |
Materials Stock Splits |
CLF is categorized under the Materials sector; below are some other companies in the same sector that also have a history of stock splits:
CLW Split History Also explore: CLF shares outstanding history
Free CLF Email Alerts:
|
CLF Split History | www.SplitHistory.com | Copyright © 2013 - 2024, All Rights Reserved
Nothing in www.SplitHistory.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. Split history database is not guaranteed to be complete or free of errors. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Service. Video widget and market videos powered by Market News Video. Quote and option data delayed at least 15 minutes; stock quote data powered by Ticker Technologies, and Mergent.Want to receive our latest research absolutely free?
Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 9.5%—Every Month—Forever.
You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 9.5%.