FREEPORT-McMoRan COPPER & GOLD INC. DECLARES QUARTERLY CASH DIVIDENDS.NEW ORLEANS--(BUSINESS WIRE)--Jan. 4, 1996--Freeport-McMoRan Copper & Gold Inc. (FCX FCX French Connexion (gaming site) FCX Freeport-McMoran Copper & Gold Inc (stock symbol) FCX Fuel Cell Experiment (Honda) FCX Fire Coordination Exercise FCX Fire Control Exercise ) today declared the following cash dividends: A cash dividend was declared for the three months ended December 31, 1995 of $.225 per share on the FCX Class A (NYSE NYSE See: New York Stock Exchange :FCX.A) and Class B (NYSE:FCX) common stock. The dividend is payable February 1, 1996, to all common shareholders of record at the close of business on January 16, 1996. A cash dividend was declared payable to holders of record at the close of business on January 16, 1996, of FCX's depositary DEPOSITARY, contracts. He with whom a deposit is confided or made. 2. It is, the essence of the contract of deposits that it should be gratuitous on the part 'of the depositary. 9 M. R. 470. shares (NYSE: FCX Pr), representing the company's 7% Convertible Exchangeable Preferred Stock Convertible exchangeable preferred stock Convertible preferred stock that may be exchanged, at the issuer's option, into convertible bonds that have the same conversion features as the convertible preferred stock. . The dividend is payable February 1, 1996 and equivalent to $.4375 per depositary share and is for the period from November 2, 1995 through February 1, 1996. A cash dividend was declared payable to holders of FCX's depositary shares (NYSE: FCX Pr A), representing the company's Step-Up step-up A scheduled increase in the exercise or conversion price at which a warrant, an option, or a convertible security may be used to acquire shares of common stock. Convertible Preferred Stock Convertible Preferred Stock Preferred stock that includes an option for the holder to convert the preferred shares into a fixed number of common shares, usually anytime after a predetermined date. Also known as "convertible preferred shares". . The dividend is equivalent to $.3125 per depositary share and is for the period from November 2, 1995 through February 1, 1996. The dividend is payable February 1, 1996 to depositary shareholders of record at the close of business on January 16, 1996. A cash dividend was declared payable to holders of FCX's depositary shares (NYSE: FCX Pr B), representing the company's Gold-Denominated Preferred Stock Stock shares that have preferential rights to dividends or to amounts distributable on liquidation, or to both, ahead of common shareholders. Preferred stock is given preference over common stock. Holders of preferred stock receive dividends at a fixed annual rate. . The dividend is equivalent to $.33896 per depositary share and is for the period from November 2, 1995 through February 1, 1996. The dividend is payable February 1, 1996 to depositary shareholders of record at the close of business on January 16, 1996. A cash dividend was declared payable to holders of FCX's depositary shares (NYSE: FCX Pr C), representing the company's Gold-Denominated Preferred Stock, Series II. The dividend is equivalent to $.31475 per depositary share and is for the period from November 2, 1995 through February 1, 1996. The dividend is payable February 1, 1996 to depositary shareholders of record at the close of business on January 16, 1996. A cash dividend was also declared payable to holders of FCX's depositary shares (NYSE: FCX Pr D), representing the company's Silver-Denominated Preferred Stock. The dividend is equivalent to $.21383 per depositary share and is for the period from November 2, 1995 through February 1, 1996. The dividend is payable February 1, 1996 to depositary shareholders of record at the close of business on January 16, 1996. CONTACT: Freeport-McMoRan Copper & Gold Inc., New Orleans New Orleans (ôr`lēənz –lənz, ôrlēnz`), city (2006 pop. 187,525), coextensive with Orleans parish, SE La., between the Mississippi River and Lake Pontchartrain, 107 mi (172 km) by water from the river mouth; founded Craig E. Saporito, 504/582-4476 Chris D. Sammons, 504/582-4474 |
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