Hecla pays a silver price-linked common stock dividend based on Hecla's average realized silver price for the preceding quarter (starting with a minimum average realized silver price of $20.00). Realized prices are calculated by dividing gross revenues for each metal by the payable quantities of each metal included in concentrate and doré sold during the period. At $20 per ounce realized silver price, quarterly dividend payments are $0.0025 per share ($0.01 per share annually). At $25 per ounce realized silver price, quarterly dividend payments are $0.01 per share ($0.04 per share annually). At $30 per ounce realized silver price, quarterly dividend payments are $0.015 per share ($0.06 annually). Beyond $30 per ounce realized silver price, any quarterly Common Stock dividend declared by Hecla will increase or decrease by $0.01 per share ($0.04 annually) for each $5.00 per ounce incremental increase in the average realized silver price in the preceding quarter. If you are a Common Stock shareholder who has moved and you have not received your dividend payments, please contact Hecla's transfer agent, American Stock Transfer & Trust Company at 800-937-5449.
Hecla also pays an annual minimum common stock dividend of $0.015 per share to be paid quarterly at $0.00375 per share. If you are a Common Stock shareholder who has moved and you have not received your dividend payments, please contact Hecla's transfer agent, American Stock Transfer & Trust Company at 800-937-5449.
Hecla pays a $0.875 per share dividend on its Series B Cumulative Convertible Preferred Stock (HL-PrB) each quarter. Dividends are typically paid to shareholders of the Series B Cumulative Convertible Preferred Stock on January 1, April 1, July 1, and October 1. If you are a Preferred B shareholder who has moved and you have not received your dividend payments, please contact Hecla's transfer agent, American Stock Transfer & Trust Company at 800-937-5449.
The declaration and payment of dividends remains at the sole discretion of the Board of Directors and will depend on Hecla's financial results, cash requirements (including for preferred dividends, operations, capital projects, exploration and development, litigation and settlements, acquisitions, and other items), future prospects and other factors deemed relevant by the Board.