Freeport-McMoRan Inc. (0R2O)
Summary
0R2O Chart
Freeport Declares Quarterly Cash Dividends on Common Stock
PHOENIX--(BUSINESS WIRE)--Freeport (NYSE: FCX) announced today that its Board of Directors declared cash dividends of $0.15 per share on FCX's common stock payable on August 1, 2025, to shareholders of record as of July 15, 2025. The declaration includes a base dividend of $0.075 per share and variable dividend of $0.075 per share in accordance with FCX's performance-based payout framework. The payment of dividends is at the discretion of the Board, which will consider FCX's financial results,.
Freeport-McMoRan (FCX) Rises Higher Than Market: Key Facts
Freeport-McMoRan (FCX) closed at $42.01 in the latest trading session, marking a +2.61% move from the prior day.
Freeport-McMoRan (FCX) Surpasses Market Returns: Some Facts Worth Knowing
Freeport-McMoRan (FCX) reached $40.94 at the closing of the latest trading day, reflecting a +1.79% change compared to its last close.
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Freeport-McMoRan Inc. Profile
| Copper Industry | Basic Materials Sector | Ms. Kathleen Lynne Quirk CEO | LSE Exchange | US35671D8570 ISIN |
| US Country | 28,500 Employees | - Last Dividend | 2 Feb 2011 Last Split | 10 Jul 1995 IPO Date |
Overview
Freeport-McMoRan Inc., a leading international mining company, operates across North America, South America, and Indonesia. Founded in 1987 and initially known as Freeport-McMoRan Copper & Gold Inc., the company underwent a name change in July 2014 to better reflect its expanded portfolio of mined materials beyond just copper and gold. With its headquarters situated in Phoenix, Arizona, Freeport-McMoRan Inc. specializes in the exploration and production of a wide range of minerals. It has built a robust presence across several strategic locations, including the renowned Grasberg minerals district in Indonesia and numerous significant mining operations across Arizona, New Mexico, and Colorado in North America, as well as in Peru and Chile in South America.
Products and Services
- Copper
- Gold
- Molybdenum
- Silver
- Other Metals
As a cornerstone product, copper stands at the forefront of Freeport-McMoRan Inc.'s mining operations. This essential metal, known for its excellent electrical conductivity, is widely used in electrical equipment, construction, and various industrial machinery.
Alongside copper, Freeport-McMoRan Inc. maintains significant gold mining efforts, particularly noted in the Grasberg minerals district. Gold is not only a critical asset for the company but also a key player in the global jewelry market and as an investment commodity.
Molybdenum is another valuable mineral in the company’s portfolio, primarily used as an alloying agent in steel to enhance strength, resistance to corrosion, and temperature stability.
Freeport-McMoRan Inc. also explores for silver, a precious metal known for its use in jewelry, silverware, and as an industrial material in photovoltaic cells and electrical contacts due to its high electrical and thermal conductivity.
Expanding beyond these core products, the company is engaged in the extraction and production of various other metals, catering to a wide spectrum of industries and applications, demonstrating Freeport-McMoRan Inc.’s versatility and adaptability in the mining sector.
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