What is the main purpose of this 8-K filing?

The main purpose of this 8-K filing is to announce a special, supplemental dividend of $0.50 per share authorized by FCX's Board of Directors.

Who will receive this dividend?

Shareholders who are on record as owning FCX common stock on March 15, 2005, will receive the dividend.

When will the dividend be paid?

The supplemental dividend is scheduled to be paid on March 31, 2005.

Is this a regular dividend or a special one?

The filing refers to this as a 'supplemental' common stock dividend, indicating it is in addition to any regular dividends and likely a special distribution.

FCX 8-K SEC Disclosure

Summary

Freeport-McMoRan Copper & Gold Inc. (FCX) announced on February 2, 2005, a significant capital return to its shareholders. The Board of Directors has authorized a supplemental common stock dividend of $0.50 per share. This dividend is scheduled to be paid on March 31, 2005, with shareholders of record as of March 15, 2005, being eligible to receive it. This action signals strong financial confidence from management and a commitment to rewarding investors, likely reflecting positive operational performance or favorable market conditions for copper and gold.

Key Highlights

1FCX's Board of Directors authorized a supplemental common stock dividend.
2The dividend amount is $0.50 per share.
3The payment date for the dividend is March 31, 2005.
4Shareholders of record on March 15, 2005, are eligible for the dividend.
5This represents a direct cash return to shareholders.
6The announcement suggests a strong financial position or positive outlook for FCX.

FREEPORT-MCMORAN INC 8-K Report, Corporate Update (Feb 2, 2005)

Summary

Key Highlights

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