Freeport-McMoRan Copper & Gold Inc. Declares Quarterly Cash Dividends on Common and Preferred Stocks.NEW ORLEANS -- Freeport-McMoRan Copper & Gold Inc. (NYSE NYSE See: New York Stock Exchange : 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 declares the following quarterly cash dividends payable Dividends payable The declared dividend dollar amount that a company is obligated to pay. on February 1, 2006 to holders of record as of January 17, 2006: --$0.3125 per share of FCX's Common Stock (NYSE: FCX). --$13.75 per share of FCX's 5 1/2% Convertible Perpetual Preferred Stock. --$0.41009 per depositary share (NYSE: FCX Pr C), representing FCX's Gold-Denominated Preferred Stock, Series II. --$0.04439 per depositary share (NYSE: FCX Pr D), representing FCX's Silver-Denominated Preferred Stock. As previously announced, on February 1, 2006, each depositary share of Gold-Denominated Preferred Stock, Series II, FCX Pr C (CUSIP CUSIP See: Committee on Uniform Securities Identification Procedures CUSIP See Committee on Uniform Securities Identification Procedures. 35671D881), will be redeemed for a cash amount equal to 0.10 times the arithmetic average of the London P.M. gold fixing price for an ounce of gold in the London bullion market The London bullion market, is entirely different from, but often confused with the London Metal Exchange. Only base metals are traded at the London Metal Exchange (LME), while gold and silver are traded by members of the London Bullion Market Association (LBMA), loosely overseen by on each of the 20 trading days ending on January 30, 2006. As a result, the dividend of $0.41009 per depositary share to be paid on February 1, 2006, will be the last dividend paid on FCX Pr C. FCX explores for, develops, mines and processes ore containing copper, gold and silver in Indonesia, and smelts and refines copper concentrates in Spain and Indonesia. Additional information about FCX is available on our Internet website www.fcx.com. |
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