Freeport-McMoRan Declares Quarterly Cash Dividend on Common Stock
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Freeport-McMoran (FCX) PT Cut to $19 at Brean Capital Amid Dividend Cut
March 24, 2015 10:26 AM EDTBrean Capital analyst Lucas Pipes reiterated a Hold rating and cut his price target on Freeport-McMoRan (NYSE: FCX) to $19.00 (from $21.00) after the company announced this morning that it will slash its dividend 84%.
Pipes commented, "The company stated that this action was primarily... More
Freeport-McMoran (FCX) Lowers Quarterly Dividend 84% to $0.05; 1% Yield
March 24, 2015 8:02 AM EDTFreeport-McMoran (NYSE: FCX) declared a quarterly dividend of $0.05 per share, or $0.2 annualized. This is an 84% decrease from the prior dividend of $0.3125.
The dividend will be payable on May 1, 2015, to stockholders of record on April 15, 2015, with an ex-dividend date of April 13, 2015.
The annual yield on the dividend is 1... More
