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Molycorp Inc Declares Preferred Dividends
Molycorp Inc announced that its Board of Directors has elected to declare a cash dividend on outstanding shares of its 5.50% Series A mandatory convertible preferred stock in an amount equal to $1.375 per share. Molycorp will pay the dividend on March 1, 2012 to the holders of record of shares of Series A mandatory convertible preferred stock at the close of business on February 15, 2012.
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