Although Freeport-McMoran has never been a Dividend Machine, it is a high yielding dividend stock. As such, many income portfolios hold FCX.
During the 2008 crisis, FCX did cut the dividend. If you are an FCX investor, read this fine article to help you determine if you should buy sell or hold.
I am in the hold category.
Freeport-McMoran: Separating The Noise From The Necessity http://seekingalpha.com/article/2981396?source=ansh-d $FCX, $NEM