Freeport-McMoRan declares quarterly cash dividends

New Orleans-based Freeport-McMoRan Copper & Gold Inc. (FCX) on Saturday declared quarterly cash dividends for the period from November 2, 2002 through February 1, 2003.

The company said cash dividends payable on February 1, 2003 to holders of record as of January 15, 2003 are $0.43750 per depositary share for FCX's Step-Up Convertible Preferred Stock, $0.30185 per depositary share for FCX's Gold-Denominated Preferred Stock, $0.28029 per depositary share for FCX's Gold-Denominated Preferred Stock, Series II, $0.09501 per depositary share for FCX's Silver-Denominated Preferred Stock.

FCX, through its 91 percent-owned subsidiary, PT Freeport Indonesia, operates a huge copper and gold mine in Papua province. (robert)