Freeport-McMoRan Copper & Gold Inc. Declares Quarterly Cash Dividend on Common Stock
28 März 2012 - 4:45PM
Business Wire
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) today
declared a cash dividend of $0.3125 per share payable on May 1,
2012 to holders of record as of April 13, 2012 for its common
stock.
As previously announced in February 2012, FCX’s Board of
Directors authorized an increase in the annual cash dividend on its
common stock from $1.00 per share to $1.25 per share, payable
quarterly at a rate of $0.3125 per share. The declaration and
payment of dividends is at the discretion of FCX’s Board of
Directors and will depend on FCX’s financial results, cash
requirements, future prospects, and other factors deemed relevant
by the Board.
FCX is a leading international mining company with headquarters
in Phoenix, Arizona. FCX operates large, long-lived, geographically
diverse assets with significant proven and probable reserves of
copper, gold and molybdenum. FCX has a dynamic portfolio of
operating, expansion and growth projects in the copper industry and
is the world’s largest producer of molybdenum.
The company’s portfolio of assets includes the Grasberg minerals
district, the world’s largest copper and gold mine in terms of
recoverable reserves; significant mining operations in the
Americas, including the large scale Morenci and Safford minerals
districts in North America and the Cerro Verde and El Abra
operations in South America; and the Tenke Fungurume minerals
district in the Democratic Republic of Congo. Additional
information about FCX is available on FCX’s website at
www.fcx.com.
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