This morning, Freeport McMoran (NYSE:FCX) declared its quarterly dividend of 31.25 cents per share, an increase of 25% over its prior dividend. Based on the current stock price, investors can expect a yield of about 3.4% going forward.
Shares of FCX were lower, falling 4.1% so far today.
In other dividend news, NiSource (NYSE:NI) maintained its quarterly dividend of 23 cents per share. Robbins & Myers (RBN) maintained its quarterly dividend of 5 cents per share. The Alliancebernstein Income Fund (ACG) maintained its monthly dividend of 4 cents per share. And Commercial Metals (NYSE:CMC) maintained its quarterly dividend of 12 cents per share.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.