Dividend Reinstatement: Is Freeport behind the Curve?
Freeport-McMoRan (FCX) suspended its annual dividend program in 2015 amid falling commodity prices. Glencore (GLEN-L) also suspended its dividend, while Teck Resources (TECK) lowered its dividend. Since commodity prices have bounced back sharply from their 1Q16 lows, several miners have taken a more generous view of their dividend policy.