Freeport-McMoRan (Freeport-McMoRan) Dividend Payout Ratio

: 0.56 (As of Dec. 2023)

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Freeport-McMoRan's dividend payout ratio for the months ended in Dec. 2023 was 0.56.

The historical rank and industry rank for Freeport-McMoRan's Dividend Payout Ratio or its related term are showing as below:

FCX' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.08 Med: 0.22 Max: 0.41
Current: 0.41

During the past 13 years, the highest Dividend Payout Ratio of Freeport-McMoRan was 0.41. The lowest was 0.08. And the median was 0.22.

FCX's Dividend Payout Ratio is ranked better than
52.47% of 263 companies
in the Metals & Mining industry
Industry Median: 0.42 vs FCX: 0.41

As of today (2024-04-20), the Dividend Yield % of Freeport-McMoRan is 1.19%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Freeport-McMoRan was 11.75%. The lowest was 0.13%. And the median was 1.58%.

Freeport-McMoRan's Dividends per Share for the months ended in Dec. 2023 was $0.15.

During the past 3 years, the average Dividends Per Share Growth Rate was 128.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 39.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Freeport-McMoRan was 128.90% per year. The lowest was -31.30% per year. And the median was 13.70% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Freeport-McMoRan Dividend Payout Ratio Historical Data

The historical data trend for Freeport-McMoRan's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Freeport-McMoRan Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.22

0.08

0.25

0.39

Freeport-McMoRan Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio																0.29	0.33	0.43	0.39	0.56

Competitive Comparison

For the Copper subindustry, Freeport-McMoRan's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Freeport-McMoRan Dividend Payout Ratio Distribution

For the Metals & Mining industry and Basic Materials sector, Freeport-McMoRan's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Freeport-McMoRan's Dividend Payout Ratio falls into.

Freeport-McMoRan Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Freeport-McMoRan's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.6	/	1.54
	=	0.39

Freeport-McMoRan's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.15	/	0.27
	=	0.56

Freeport-McMoRan (NYSE:FCX) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Freeport-McMoRan Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Freeport-McMoRan's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Freeport-McMoRan (Freeport-McMoRan) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Freeport-McMoRan Inc (NYSE:FCX) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

FCX:Peru FCX:Mexico 1FCX:Italy FPMBd:UK 0R2O:UK FPMB:Germany FPMB:Germany FPMB:Germany FCX:Chile FCXO34:Brazil FCX:Austria FCX:Argentina

Address

333 North Central Avenue, Phoenix, AZ, USA, 85004-2189

Website

https://www.fcx.com

Freeport-McMoRan Inc is an international mining company. It operates geographically diverse assets with proven and probable mineral reserves of copper, gold, and molybdenum. The company's portfolio of assets includes the Grasberg minerals district in Indonesia; and mining operations in North America and South America, including the large-scale Morenci minerals district in Arizona and the Cerro Verde operation in Peru. It derives key revenue from the sale of Copper.

Executives

Sara Grootwassink Lewis	director	C/O CAPITALSOURCE INC., 4445 WILLARD AVENUE, 12TH FLOOR, CHEVY CHASE MD 20815
Ellie L. Mikes	officer: Chief Accounting Officer	333 N. CENTRAL AVE., PHOENIX AZ 85004
Currault Douglas N. Ii	officer: Senior VP & General Counsel	333 N. CENTRAL AVENUE, PHOENIX AZ 85004
Ryan Michael Lance	director	SHIPPING & RECEIVING CENTER, 16930 PARK ROW DR., HOUSTON TX 77084
Marcela E Donadio	director	7909 PARKWOOD CIRCLE DRIVE, HOUSTON TX 77036-6565
David P Abney	director	55 GLENLAKE PARWAY, NE, ATLANTA GA 30328
Robert W. Dudley	director	333 NORTH CENTRAL AVENUE, PHOENIX AZ 85004
Dustan E Mccoy	director
Hugh Grant	director	C/O PPG INDUSTRIES, INC., 1 PPG PLACE, PITTSBURGH PA 15272
Whitmire C Donald Jr	officer: Vice President and Controller
Maree E. Robertson	officer: SVP & CFO	333 N. CENTRAL AVE., PHOENIX AZ 85004
Stephen T. Higgins	officer: Senior VP & CAO	333 N. CENTRAL AVENUE, PHOENIX AZ 85004
Kathleen L Quirk	officer: SVP, CFO, Treasurer	1615 POYDRAS STREET, NEW ORLEANS LA 70112
Richard C Adkerson	officer: President and CFO
Gerald J Ford	director	200 CRESCENT CT STE 1350, DALLAS TX 75201