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PHELPS DODGE CORPORATION DECLARES FIRST QUARTER DIVIDEND

 PHELPS DODGE CORPORATION DECLARES FIRST QUARTER DIVIDEND
 PHOENIX, Arizona, February 5, 1992 /PRNewswire/ -- The Board of Directors of Phelps Dodge Corporation (NYSE: PD) today declared a dividend of 75 cents per share on the Corporation's Common Shares for the first quarter of 1992, payable March 9, 1992 to common shareholders of record at the close of business on February 18, 1992.
 Phelps Dodge Corporation is the world's second largest producer of copper. The company is also the world's second largest producer of carbon blacks, the leading North American fabricator of wheels and rims for medium and heavy trucks, a major manufacturer of magnet wire and specialty conductors, and has operations and investments in mines and wire and cable manufacturing facilities around the world. The company's operations are located throughout the United States and in 22 other countries.
 -0- 2/5/92
 /CONTACT: Thomas M. Foster of Phelps Dodge, 602-234-8139/
 (PD) CO: Phelps Dodge ST: Arizona IN: MNG SU: DIV


CH -- SD003 -- 7202 02/05/92 12:46 EST
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Publication:PR Newswire
Date:Feb 5, 1992
Words:168
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