McMoRan Exploration Co. (NYSE: MMR) today declared the following cash dividends payable on August 15, 2012 to holders of record as of August 1, 2012 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.
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