McMoRan Exploration Co. Declares Quarterly Cash Dividend on its 8% Convertible Perpetual Preferred Stock
October 15 2010 - 12:58PM
Business Wire
McMoRan Exploration Co. (NYSE: MMR) today declared a cash
dividend of $20.00 per share payable on November 15, 2010 to
holders of record on November 1, 2010 for its 8% Convertible
Perpetual Preferred Stock. McMoRan currently has approximately $22
million in 8% Convertible Perpetual Preferred Stock
outstanding.
McMoRan Exploration Co. is an independent public company engaged
in the exploration, development and production of natural gas and
oil in the shallow waters of the Gulf of Mexico Shelf and onshore
in the Gulf Coast area. Additional information about McMoRan is
available on its internet website “www.mcmoran.com”.
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