Freeport-McMoran (FCX) Declares $0.075 Quarterly Dividend; 0.8% Yield
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Freeport-McMoRan Declares Quarterly Cash Dividend on Common Stock
June 23, 2021 8:30 AM EDTPHOENIX--(BUSINESS WIRE)-- Freeport-McMoRan Inc. (NYSE: FCX) announced today that its Board of Directors (Board) declared a cash dividend of $0.075 per share on FCXs common stock payable on August 2, 2021, to stockholders of record as of July 15, 2021.
As previously reported on February 2, 2021, the Board adopted a financial policy for the allocation of cash flows aligned with FCXs strategic objectives of maintaining a strong balance sheet, increasing cash returns to shareholders and advancing opportunities for future growth.
The policy includes a base dividend of $0.30 per share per annum and a performance-based payout framework... More
