Freeport-McMoRan Announces $0.15 Quarterly Dividend

Freeport-McMoRan (FCX) has declared a quarterly dividend of $0.15 per share, consistent with its previous payout. The forward yield is currently estimated at 0.81%. Shareholders of record as of October 15 will receive the payment on November 2, and the stock will go ex-dividend on the same date. This marks the twenty-third consecutive quarter that FCX has paid a $0.15 dividend, reflecting stability in its payout policy despite market fluctuations. The announcement comes amid ongoing discussions about copper demand driven by AI infrastructure development and potential U.S. tariff policies affecting supply chains.

By Meghavi Singh, SA News Editor · Seeking Alpha ·

Freeport-McMoRan Announces $0.15 Quarterly Dividend

Tickers: $FCX

Topics: dividends Freeport-McMoRan

Read the full article at Seeking Alpha

More World news