Freeport-McMoRan (FCX) Reports Q2 EPS of $2.25, Boosts Dividend and Buyback
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Freeport-McMoRan (NYSE: FCX) reports Q2 EPS of $2.25, versus the consensus of $2.43. Revenues came in at $5.44 billion, versus the consensus of $5.26 billion.
Freeport-McMoRan announced that its Board of Directors has authorized an increase in its annual common stock dividend from $1.75 per share to $2.00 per share.
FCX also announced today that its Board of Directors approved an increase in its open market share purchase program to 30 million shares from the prior authorization of 20 million shares.
Related Categories
DividendsEarnings
Stock Buybacks
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