|Bid||37.93 x 800|
|Ask||38.10 x 3000|
|Day's Range||36.75 - 38.21|
|52 Week Range||24.80 - 51.85|
|Beta (5Y Monthly)||2.00|
|PE Ratio (TTM)||31.05|
|Earnings Date||Apr 19, 2023 - Apr 24, 2023|
|Forward Dividend & Yield||0.60 (1.39%)|
|Ex-Dividend Date||Jan 12, 2023|
|1y Target Est||44.30|
Freeport-McMoRan (FCX) closed the most recent trading day at $37.84, moving -1.1% from the previous trading session.
PHOENIX, March 22, 2023--Freeport-McMoRan Inc. (NYSE: FCX) announced today that its Board of Directors declared cash dividends of $0.15 per share on FCX’s common stock payable on May 1, 2023, to shareholders of record as of April 14, 2023. 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
Supply/demand imbalances and geopolitical tensions have disrupted commodity markets. Copper producer Freeport-McMoRan (NYSE: FCX), oil and gas exploration and production (E&P) company ConocoPhillips (NYSE: COP), and industrial commodity producer and marketer Glencore (OTC: GLCNF) have all been heavily impacted by ebbs and flows in the commodity market. A commodity supercycle could occur if buyers increasingly value factors like supplier security and reliability instead of just price alone.