Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. The company primarily explores for copper, gold, molybdenum, silver, and other metals, as well as oil and gas. Its assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Tyrone and Chino in New Mexico; and Henderson and Climax in Colorado, North America, as well as Cerro Verde in Peru and El Abra in Chile. The company also operates a portfolio of oil and gas properties primarily located in offshore California and the Gulf of Mexico. As of December 31, 2021, it operated approximately 135 wells. The company was formerly known as Freeport-McMoRan Copper & Gold Inc. and changed its name to Freeport-McMoRan Inc. in July 2014. Freeport-McMoRan Inc. was incorporated in 1987 and is headquartered in Phoenix, Arizona.
Freeport-McMoRan Dividend Announcement
• Freeport-McMoRan announced a quarterly dividend of $0.15 per ordinary share which will be made payable on 2024-11-01. Ex dividend date: 2024-10-15
• Freeport-McMoRan annual dividend for 2024 was $0.60
• Freeport-McMoRan annual dividend for 2023 was $0.60
• Freeport-McMoRan's trailing twelve-month (TTM) dividend yield is 1.37%
• Freeport-McMoRan's payout ratio for the trailing twelve months (TTM) is 43.19%
• Freeport-McMoRan's dividend growth over the last five years (2018-2023) was 31.95% year
Freeport-McMoRan Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-15 | $0.15 | quarterly | 2024-11-01 |
2024-07-15 | $0.15 | quarterly | 2024-08-01 |
2024-04-12 | $0.15 | quarterly | 2024-05-01 |
2024-01-11 | $0.15 | quarterly | 2024-02-01 |
2023-10-12 | $0.15 | quarterly | 2023-11-01 |
2023-07-13 | $0.15 | quarterly | 2023-08-01 |
2023-04-13 | $0.15 | quarterly | 2023-05-01 |
2023-01-12 | $0.15 | quarterly | 2023-02-01 |
2022-10-13 | $0.15 | quarterly | 2022-11-01 |
2022-07-14 | $0.15 | quarterly | 2022-08-01 |
2022-04-13 | $0.15 | quarterly | 2022-05-02 |
2022-01-13 | $0.15 | quarterly | 2022-02-01 |
2021-10-14 | $0.07 | quarterly | 2021-11-01 |
2021-07-14 | $0.07 | quarterly | 2021-08-02 |
2021-04-14 | $0.07 | quarterly | 2021-05-03 |
2020-01-14 | $0.05 | quarterly | 2020-02-03 |
2019-10-11 | $0.05 | quarterly | 2019-11-01 |
2019-07-12 | $0.05 | quarterly | 2019-08-01 |
2019-04-12 | $0.05 | quarterly | 2019-05-01 |
2019-01-14 | $0.05 | quarterly | 2019-02-01 |
2018-10-12 | $0.05 | quarterly | 2018-11-01 |
2018-07-12 | $0.05 | quarterly | 2018-08-01 |
2018-04-12 | $0.05 | quarterly | 2018-05-01 |
2015-10-13 | $0.05 | quarterly | 2015-11-02 |
2015-07-13 | $0.16 | quarterly | 2015-08-03 |
2015-04-13 | $0.05 | quarterly | 2015-05-01 |
2015-01-13 | $0.31 | quarterly | 2015-02-02 |
2014-10-10 | $0.31 | quarterly | 2014-11-03 |
2014-07-11 | $0.31 | quarterly | 2014-08-01 |
2014-04-11 | $0.31 | quarterly | 2014-05-01 |
2014-01-13 | $0.31 | quarterly | 2014-02-03 |
2013-10-10 | $0.31 | quarterly | 2013-11-01 |
2013-07-11 | $0.31 | quarterly | 2013-08-01 |
2013-06-12 | $1.00 | quarterly | 2013-07-01 |
2013-04-11 | $0.31 | quarterly | 2013-05-01 |
2013-01-11 | $0.31 | quarterly | 2013-02-01 |
2012-10-11 | $0.31 | quarterly | 2012-11-01 |
2012-07-11 | $0.31 | quarterly | 2012-08-01 |
2012-04-11 | $0.31 | quarterly | 2012-05-01 |
2012-01-11 | $0.25 | quarterly | 2012-02-01 |
2011-10-12 | $0.25 | quarterly | 2011-11-01 |
2011-07-13 | $0.25 | quarterly | 2011-08-01 |
2011-05-11 | $0.50 | quarterly | 2011-06-01 |
2011-04-13 | $0.25 | quarterly | 2011-05-01 |
2011-01-12 | $0.50 | quarterly | 2011-02-01 |
Freeport-McMoRan Dividend per year
Freeport-McMoRan Dividend growth
Freeport-McMoRan Dividend Yield
Freeport-McMoRan current trailing twelve-month (TTM) dividend yield is 1.37%. Interested in purchasing Freeport-McMoRan stock? Use our calculator to estimate your expected dividend yield:
Freeport-McMoRan Financial Ratios
Freeport-McMoRan Dividend FAQ
Other factors to consider when evaluating Freeport-McMoRan as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Place an order: Use the brokerage's trading platform to place an order to buy Freeport-McMoRan stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Freeport-McMoRan's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Freeport-McMoRan publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Freeport-McMoRan distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Freeport-McMoRan are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Freeport-McMoRan sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Freeport-McMoRan distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Freeport-McMoRan declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Freeport-McMoRan's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Freeport-McMoRan's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.