Freeport-McMoRan stock falls 2.37 percent as dividend lands

Published on 09/24/2026 at 13:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Freeport-McMoRan stock has a USD 0.15 quarterly dividend payable on November 2, 2026. Q2 revenue reached USD 7.03 billion and adjusted EPS beat consensus by USD 0.12.

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Freeport-McMoRan stock (ISIN US35671D8570) closed at USD 72.58 on the NYSE on September 23, 2026, down 2.37 percent. The move came as the company declared a USD 0.15 quarterly dividend, payable on November 2, 2026, to shareholders of record on October 15, 2026, according to Financial Times.

Dividend splits into two parts

The declared payout consists of a USD 0.075 base dividend and a USD 0.075 variable dividend under Freeport-McMoRan's performance-based framework. The USD 0.15 total is unchanged from the previous quarterly payout, while the record date and payment date give investors two concrete calendar markers.

The session result put the dividend announcement in perspective. A 2.37 percent daily decline left the stock at USD 8.66 below its 52-week high of USD 80.24 and USD 37.43 above its 52-week low of USD 35.15, using the same September 23, 2026 market snapshot.

Q2 revenue reaches USD 7.03 billion

Freeport-McMoRan's Q2 2026 revenue was USD 7.03 billion, compared with a USD 6.62 billion consensus estimate, while adjusted EPS came in at USD 0.74 against USD 0.62 expected. MarketBeat reported the figures in its September 2026 coverage of the company.

The adjusted EPS beat was USD 0.12, but revenue was down 7.3 percent from the same quarter a year earlier. That combination matters for the stock because it shows how higher earnings quality and copper-linked operating exposure can coexist with a lower year-over-year sales base.

Copper exposure shapes the valuation

Freeport-McMoRan operates copper, gold and molybdenum assets across North America, South America and Indonesia. Its reporting profile therefore combines company execution with commodity sensitivity, making the 2026 Q2 revenue comparison more informative than the dividend alone.

The company reported USD 7.03 billion in Q2 revenue and USD 1.386 billion in consolidated net income for the quarter. For investors, the key tension is visible in the numbers: adjusted EPS exceeded consensus by USD 0.12, while quarterly revenue declined 7.3 percent year over year.

Stock holds above its yearly low

Freeport-McMoRan closed at USD 72.58 on the NYSE on September 23, 2026. The price was 9.55 percent below the 52-week high of USD 80.24, while the market capitalization stood at USD 104.345 billion on the same date.