McMoRan Exploration Co. Declares Quarterly Cash Dividends on Preferred Stocks
McMoRan Exploration Co. (NYSE: MMR) today declared the following cash
dividends payable on May 15, 2013 to holders of record as of May 1, 2013
on its preferred stocks:
-
$14.375 per share of MMR’s 5 3/4% Convertible Perpetual Preferred
Stock.
-
$20.00 per share of MMR’s 8% Convertible Perpetual Preferred
Stock.
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”.
