Hecla Declares Quarterly Preferred Stock Dividend

Friday December 6, 2013 12:13 PM

The board of directors of Hecla Mining Co. has declared a regular quarterly dividend of 87.5 cents per share on outstanding Series B Cumulative Convertible Preferred Stock, the company says. Idaho-based Hecla says there are 157,816 shares outstanding, equaling a total payout of approximately $138,000. The cash dividend is payable Jan. 2 to shareholders of record on Dec. 16. Hecla is a low-cost U.S. silver producer with operating mines in Alaska and Idaho, and is a growing gold producer with an operating mine in Quebec, Canada.