Hecla Mining Company (HL) to Issue Quarterly Dividend of $0.00 on March 24th

Hecla Mining Company (NYSE:HL) declared a quarterly dividend on Friday, February 13th. Investors of record on Monday, March 9th will be given a dividend of 0.0038 per share by the basic materials company on Tuesday, March 24th. This represents a c) dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend is Monday, March 9th.

Hecla Mining has a dividend payout ratio of 2.9% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Hecla Mining to earn $0.19 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 5.3%.

Hecla Mining Stock Down 1.6%

NYSE:HL traded down $0.34 on Friday, hitting $20.46. 17,079,319 shares of the company’s stock were exchanged, compared to its average volume of 21,266,678. The firm has a 50-day moving average price of $23.53 and a 200-day moving average price of $16.93. Hecla Mining has a 52 week low of $4.46 and a 52 week high of $34.17. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.72 and a quick ratio of 2.22. The company has a market cap of $13.72 billion, a P/E ratio of 41.76 and a beta of 1.22.

Hecla Mining Company Profile

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.