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

Hecla Mining Company (NYSE:HL) announced a quarterly dividend on Friday, July 31st. Investors 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 yield of 0.1%. The ex-dividend date 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 Price Performance

Shares of NYSE:HL opened at $20.78 on Monday. Hecla Mining has a 1 year low of $7.57 and a 1 year high of $34.17. The business has a 50 day simple moving average of $16.14 and a two-hundred day simple moving average of $18.26. The firm has a market capitalization of $13.96 billion, a PE ratio of 42.41 and a beta of 1.32.

Hecla Mining (NYSE:HL) last released its earnings results on Tuesday, August 4th. The basic materials company reported $0.17 EPS for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.01). Hecla Mining had a net margin of 20.84% and a return on equity of 18.91%. The business had revenue of $333.85 million for the quarter, compared to the consensus estimate of $368.75 million. During the same period in the prior year, the company posted $0.09 EPS. The company’s quarterly revenue was up 9.8% compared to the same quarter last year. Equities research analysts expect that Hecla Mining will post 0.46 EPS for the current fiscal year.

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.