Cleveland-Cliffs (CLF) Dividend Coverage Ratio (2009 - 2020)
Cleveland-Cliffs' (CLF) quarterly Dividend Coverage Ratio came in at 3.17 in Q4 2020, up 34.85% year-over-year from 2.35 in Q1 2020, and up 143.18% quarter-over-quarter from 7.34 in Q2 2020.
Analysis
Cleveland-Cliffs (CLF) Dividend Coverage Ratio (2009 - 2020) Analysis & Trends
Cleveland-Cliffs (CLF) has reported Dividend Coverage Ratio for 12 consecutive years, with 3.17 the latest figure, recorded in Q4 2020.
- On a quarterly basis, Dividend Coverage Ratio rose 34.85% year-over-year to 3.17 in Q4 2020; TTM through Dec 2020 was 2.26, a 155.56% decrease from a year earlier, with the FY2020 full-year figure at 2.0, down 149.15% from the prior year.
- Dividend Coverage Ratio was 3.17 for Q4 2020 at Cleveland-Cliffs, up from 7.34 in the prior quarter.
- Over five years, Dividend Coverage Ratio peaked at 11.4 in Q2 2019 and troughed at 3099.0 in Q4 2017.
- A 5-year average of 191.8 and a median of 1.65 in 2017 frame the typical range for Dividend Coverage Ratio.
- Across the five-year window, Dividend Coverage Ratio plunged 29091.91% in 2017 and soared 729.47% in 2018, its largest moves.
- Over 5 years, Dividend Coverage Ratio stood at 10.69 in 2016, then sank by 29091.91% to 3099.0 in 2017, then surged by 99.56% to 13.79 in 2018, then soared by 117.04% to 2.35 in 2019, then jumped by 34.85% to 3.17 in 2020.
- The last three Dividend Coverage Ratio figures came in at 3.17 (Q4 2020), 7.34 (Q2 2020), and 3.08 (Q1 2020), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 114.02 Bn | 104.12 Bn | 941.02 Mn | 1.35 |
| 2 | Nucor | 58.75 Bn | 56.06 Bn | 2.03 Bn | 20.65 |
| 3 | Steel Dynamics | 34.64 Bn | 34.06 Bn | 958.97 Mn | 6.93 |
| 4 | Gerdau | 10.07 Bn | 9.00 Bn | 558.98 Mn | - |
| 5 | Commercial Metals | 7.63 Bn | 7.07 Bn | 455.14 Mn | 7.81 |
| 6 | Cleveland-Cliffs | 6.92 Bn | 6.85 Bn | 132.00 Mn | - |
| 7 | Posco Holdings | 4.73 Bn | -4.95 Bn | 1.11 Bn | 1.88 |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.41 Bn | 2.86 Bn | - | - |
| 9 | National Steel | 1.76 Bn | -1.07 Bn | 579.08 Mn | - |
| 10 | SunCoke Energy | 874.57 Mn | 831.87 Mn | 100.40 Mn | 1.50 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2020 | 3.17 |
| Jun 30, 2020 | -7.34 |
| Mar 31, 2020 | -3.08 |
| Dec 31, 2019 | 2.35 |
| Sep 30, 2019 | 5.61 |
| Jun 30, 2019 | 11.40 |
| Mar 31, 2019 | -1.49 |
| Dec 31, 2018 | -13.79 |
| Sep 30, 2018 | 9.90 |
| Dec 31, 2017 | -3,099.00 |
| Sep 30, 2017 | 1.19 |
| Mar 31, 2017 | 2.11 |
| Dec 31, 2016 | 10.69 |
| Sep 30, 2016 | -1.06 |
| Jun 30, 2016 | 0.75 |
| Mar 31, 2016 | 9.73 |
| Dec 31, 2015 | -6.78 |
| Sep 30, 2015 | -1.03 |
| Jun 30, 2015 | 3.52 |
| Dec 31, 2014 | -56.43 |