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Freeport-McMoRan (Freeport-McMoRan) 3-Year Dividend Growth Rate

: 128.90% (As of Dec. 2023)
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Freeport-McMoRan's Dividends per Share for the three months ended in Dec. 2023 was $0.15.

The historical rank and industry rank for Freeport-McMoRan's 3-Year Dividend Growth Rate or its related term are showing as below:

FCX' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -31.3   Med: 13.7   Max: 128.9
Current: 128.9

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.

FCX's 3-Year Dividend Growth Rate is ranked better than
95% of 180 companies
in the Metals & Mining industry
Industry Median: 23.1 vs FCX: 128.90

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. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Freeport-McMoRan's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.56. As of today, Freeport-McMoRan's Dividend Yield % is 1.19%.

Warning Sign:

Freeport-McMoRan Inc stock dividend yield is close to 1-year low.

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


Competitive Comparison

For the Copper subindustry, Freeport-McMoRan's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 3-Year Dividend Growth Rate Distribution

For the Metals & Mining industry and Basic Materials sector, Freeport-McMoRan's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Freeport-McMoRan's 3-Year Dividend Growth Rate falls into.



Freeport-McMoRan 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Freeport-McMoRan  (NYSE:FCX) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

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

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.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Freeport-McMoRan Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1502024-04-122024-04-152024-05-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.1502024-01-112024-01-122024-02-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.1502023-10-122023-10-132023-11-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.1502023-07-132023-07-142023-08-01Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Freeport-McMoRan's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.6/49.61
=1.21 %

Current Share Price is $49.61.
Freeport-McMoRan's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.6.

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

Warning Sign:

Freeport-McMoRan Inc stock dividend yield is close to 1-year low.

* 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.


Freeport-McMoRan 3-Year Dividend Growth Rate Related Terms>


Freeport-McMoRan (Freeport-McMoRan) Business Description

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