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Wednesday, March 31, 2010

Freeport-McMoRan (NYSE:FCX) Reveals Dividend

Freeport-McMoRan Dividend Unveiled

Freeport-McMoRan Copper & Gold Inc.(NYSE:FCX) it will pay a dividend on preferred stock and common stock for the quarter.

Shareholders of record as of April 15 will receive the dividends on May 1. The dividend was announced as 15 cents a share for those holding common stock and $1.6875a share for those holding 6 percent mandatory convertible preferred stock.

There will be an automatic conversion for preferred stock holders on May 1.

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