Freeport-McMoRan Inc. (NYSE: FCX) announced today that its Board of Directors has reinstated a cash dividend on its common stock. The Board intends to declare a quarterly dividend of $0.05 per share, with the initial quarterly dividend …
FCX). The stock, which had already added nearly 30% at the closing bell, popped another 19% after hours. According to the Icahn’s filing, he and several of his companies have acquired an aggregate 88 million shares in Freeport. About 7.6 …
What a circuitous path it’s been, but the copper and oil company Freeport-McMoRan Inc. could once again become just a copper miner.