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PHOENIX - Freeport-McMoRan Inc. (NYSE:FCX), a $65 billion market cap mining giant with a current dividend yield of 0.66%, will pay a cash dividend of $0.15 per share on November 3, 2025, to shareholders of record as of October 15, 2025, according to a company press release.
The dividend consists of a $0.075 per share base payment and a $0.075 per share variable component, aligned with the company’s performance-based payout framework. The mining company noted that dividend payments remain at the discretion of its Board of Directors, which considers financial results, cash requirements, and global economic conditions when making such decisions. According to InvestingPro analysis, FCX maintains strong financial health with a current ratio of 2.47 and operates with moderate debt levels.
Freeport-McMoRan operates copper, gold, and molybdenum mining assets across multiple continents, including the Grasberg minerals district in Indonesia, the Morenci minerals district in Arizona, and the Cerro Verde operation in Peru.
The company describes itself as one of the world’s largest publicly traded copper producers, with headquarters in Phoenix, Arizona.
In other recent news, Freeport-McMoRan Inc. has confirmed the tragic loss of two workers at its Grasberg Block Cave mine in Indonesia following a mud rush incident. The company is actively searching for five additional workers who remain missing since the event occurred. As a result, Freeport-McMoRan has temporarily suspended all mining operations in the Grasberg minerals district to focus on rescue efforts. In a separate development, Morgan Stanley has upgraded Freeport-McMoRan’s stock from Equalweight to Overweight, despite lowering its price target from $54.00 to $48.00. The investment bank adjusted its estimates due to U.S. Section 232 tariffs not affecting copper cathodes. Furthermore, Freeport-McMoRan’s stock has been impacted by President Donald Trump’s recent imposition of a 50% tariff on copper imports, which will take effect on August 1. The tariffs, aimed at semi-finished copper products and derivatives, have contributed to the stock’s decline. These recent developments highlight significant challenges and changes for Freeport-McMoRan.
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