Freeport-McMoran suspends dividend
Freeport-McMoRan will suspend its dividend payments, after already reducing its dividend by more than 80% earlier this year.
Following the March 2015 dividend cut from $0.31 to $0.05 per share, the miner now cuts its dividend to zero. The stock has lost 70% this year, after dropping 38% in 2014.
Following the March 2015 dividend cut from $0.31 to $0.05 per share, the miner now cuts its dividend to zero. The stock has lost 70% this year, after dropping 38% in 2014.
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