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axxell33
09-08-2010, 09:23 AM
Hecla Declares Preferred Dividends
Wednesday 09/08/2010 8:00 AM ET - Businesswire

Related Companies
Symbol Last %Chg
HL 6.00 1.01%
As of 10:21 AM ET 9/8/10

Hecla Mining Company (NYSE:HL) today announced its Board of Directors has elected to declare the regular quarterly dividend of $0.875 per share on the outstanding Series B Cumulative Convertible Preferred Stock, for a total amount of approximately $138,000. The cash dividend is payable October 1, 2010, to shareholders of record on September 15, 2010. There are a total of 157,816 shares of Preferred B Stock outstanding.

The Board of Directors also elected to declare the regular quarterly dividend on the outstanding 6.5% Mandatory Convertible Preferred Stock in the amount of $1.625 per share and to pay such dividend in cash, for a total amount of approximately $3.27 million. The dividend is payable October 1, 2010, to shareholders of record on September 15, 2010. There are a total of 2,012,500 shares of the 6.5% Mandatory Convertible Preferred Stock outstanding. Hecla's Mandatory Convertible Preferred Stock will be converted into common stock in January 2011.

Hecla Mining Company and its subsidiaries headquartered in Coeur d'Alene, Idaho, mine, process and explore for silver and gold in the United States and Mexico. Hecla has been in business for 119 years and has long been well known in the mining world and financial markets as a quality producer of silver and gold. Hecla's common and preferred shares are traded on the New York Stock Exchange under the symbols "HL," "HL-PrB" and "HL-PrC."

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

Statements made which are not historical facts, such as anticipated payments, litigation outcome, production, sales of assets, exploration results and plans, costs, and prices or sales performance are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, and involve a number of risks and uncertainties that could cause actual results to differ materially from those projected, anticipated, expected or implied. These risks and uncertainties include, but are not limited to, metals price volatility, volatility of metals production and costs, exploration risks and results, operating risks, project development risks, political risks, labor issues and ability to raise financing. Refer to the company's Form 10-Q and 10-K reports for a more detailed discussion of factors that may impact expected future results. The company undertakes no obligation and has no intention of updating forward-looking statements other than as may be required by law.

SOURCE: Hecla Mining Company

Hecla Mining Company
Melanie Hennessey
Vice President -- Investor Relations
Direct: 604-694-7729
Direct Main: 208-769-4128
Email: hmc-info@hecla-mining.com
Website: www.hecla-mining.com

axxell33
09-08-2010, 09:30 AM
View By Expiration: Sep 10 | Oct 10 | Dec 10 | Jan 11 | Mar 11 | Jan 12

Call Options Expire at close Friday, January 21, 2011
Strike Symbol Last Chg Bid Ask Vol Open Int
1.00 HL110122C00001000 4.40 0.00 4.85 5.05 0 5
2.50 HL110122C00002500 3.50 0.00 3.50 3.60 27 30,292
4.00 HL110122C00004000 2.18 Up 0.08 2.13 2.20 50 1,140
5.00 HL110122C00005000 1.40 Up 0.05 1.37 1.43 5 17,747
6.00 HL110122C00006000 0.82 Up 0.02 0.81 0.82 33 5,789
7.50 HL110122C00007500 0.38 Up 0.02 0.37 0.40 30 22,804
9.00 HL110122C00009000 0.20 0.00 0.19 0.22 95 3,125
10.00 HL110122C00010000 0.14 0.00 0.13 0.15 23 12,224
12.50 HL110122C00012500 0.07 Up 0.01 0.07 0.08 11 37,187

easy8
09-09-2010, 01:46 PM
Hecla Declares Preferred Dividends
Wednesday 09/08/2010 8:00 AM ET - Businesswire

Hecla Mining Company (NYSE:HL) today announced its Board of Directors has elected to declare the regular quarterly dividend of $0.875 per share on the outstanding Series B Cumulative Convertible Preferred Stock, for a total amount of approximately $138,000......

The Board of Directors also elected to declare the regular quarterly dividend on the outstanding 6.5% .... There are a total of 2,012,500 shares of the 6.5% Mandatory Convertible Preferred Stock outstanding. Hecla's Mandatory Convertible Preferred Stock will be converted into common stock in January 2011......



Less money in the bank, I smell "price drop" for HL...

Got Goldies
09-10-2010, 02:03 PM
Why don't they give the common stock share holder a dividend?