Hecla Mining Company (HL) To Go Ex-Dividend on August 26th

Hecla Mining Company (NYSE:HLGet Free Report) declared a quarterly dividend on Friday, July 31st. Stockholders of record on Wednesday, August 26th will be given a dividend of 0.0038 per share by the basic materials company on Thursday, September 10th. This represents a c) dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Wednesday, August 26th.

Hecla Mining has a dividend payout ratio of 2.9% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Hecla Mining to earn $0.90 per share next year, which means the company should continue to be able to cover its $0.01 annual dividend with an expected future payout ratio of 1.1%.

Hecla Mining Stock Performance

NYSE HL opened at $20.78 on Monday. The business’s fifty day moving average is $16.14 and its 200 day moving average is $18.26. Hecla Mining has a fifty-two week low of $7.57 and a fifty-two week high of $34.17. The company has a market capitalization of $13.96 billion, a PE ratio of 42.41 and a beta of 1.32.

Hecla Mining (NYSE:HLGet Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The basic materials company reported $0.17 earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.01). Hecla Mining had a net margin of 20.84% and a return on equity of 18.91%. The firm had revenue of $333.85 million for the quarter, compared to analysts’ expectations of $368.75 million. During the same period in the prior year, the firm earned $0.09 EPS. Hecla Mining’s revenue for the quarter was up 9.8% compared to the same quarter last year. On average, sell-side analysts forecast that Hecla Mining will post 0.46 EPS for the current year.

Hecla Mining Company Profile

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Hecla Mining Company, founded in 1891 and headquartered in Coeur d’Alene, Idaho, is one of the oldest publicly traded precious metals companies in the United States. Originally established to develop the rich silver deposits of the Coeur d’Alene district, Hecla has evolved into a diversified mining enterprise focused on the exploration, development and production of silver and gold, with by-product credits from lead and zinc.

The company’s principal operations are located in North America and Latin America.

See Also

Dividend History for Hecla Mining (NYSE:HL)

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