Freeport-McMoRan Inc. (NYSE: FCX) recently declared a cash dividend of $0.15 per share on their common stock, and it will be paid out to all holders of record as of October 14, 2022. This dividend is in line with their performance-based payout framework that was revealed in November 2021, encompassing a base dividend of $0.075 per share and a separate variable dividend of $0.075 per share.
FCX is a renowned international mining organization headquartered in Phoenix, Arizona. It owns and operates geographically diverse, long-term assets with verified and probable reserves of copper, gold, and molybdenum. FCX is one of the biggest publicly traded copper producers globally. Its possessions incorporate the Grasberg minerals district in Indonesia, a renowned copper and gold deposit, and significant mining operations in North and South America, including the Morenci minerals district in Arizona and Cerro Verde in Peru. FCX is pleased to be a valuable part of the world by supplying responsibly generated copper.