Freeport-McMoran to Pay Quarterly Dividend of $0.075

Freeport-McMoran Copper & Gold will trade ex-dividend on January 15, 2025, with a quarterly dividend of $0.075 per share. With fans looking at a dividend yield of 0.77%, investors should analyze future expectations.

Date: 13-01-2025

AI Rating: 6

Freeport-McMoran Overview

Freeport-McMoran Copper & Gold (FCX) has announced an upcoming quarterly dividend of $0.075, set to be paid out on February 3, 2025. This dividend translates to approximately 0.19% of the recent stock price of $38.98. As dividends can vary, historical performance is crucial in assessing future payouts. Currently, FCX's expected annual yield stands at 0.77%, which could signify steady returns for investors, depending on market conditions and company performance.

The stock's recent performance reflects a 1.9% decline in a day’s trading, indicating potential short-term volatility. The 52-week range shows a low of $36.255 and a high of $55.235, with a recent trade around $38.78. This range highlights the stock's fluctuations and potential risk factors to consider for investors.

Given the current downtrend in stock performance and the lower payout relative to its historical yields, investors might approach FCX with caution, weighing the stability provided by the dividend against the stock's recent performance.

Stocks: FCX