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PHELPS DODGE CORPORATION DECLARES FOURTH QUARTER DIVIDEND

    PHELPS DODGE CORPORATION DECLARES FOURTH QUARTER DIVIDEND
    PHOENIX, Arizona, November 6, 1991 /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 fourth quarter of 1991, payable December 9, 1991 to common shareholders of record at the close of business on November 18, 1991.
    Phelps Dodge 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 abroad in mines and wire and cable manufacturing facilities.  The company's operations are located throughout the United States and in 22 other countries.
    -0-                11/6/91
    /CONTACT:  Thomas M. Foster of Phelps Dodge Corporation, 602-234-8139/
    (PD) CO:  Phelps Dodge Corporation ST:  California IN:  MNG SU:  DIV CH -- SD004 -- 1719 11/06/91 12:39 EST
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Copyright 1991 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Nov 6, 1991
Words:167
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