Hecla Mining Declares $0.00375 Quarterly Dividend on Common Stock
Hecla Mining Company announced a quarterly cash dividend of $0.00375 per share on its common stock, payable March 24 to shareholders of record as of March 9. The company also declared a $0.875 dividend on its Series B Preferred Stock.
Hecla Mining Company announced February 17 it will pay a quarterly cash dividend of $0.00375 per share on its common stock to shareholders of record as of March 9, 2026, with payment scheduled for March 24, 2026. Read more dividend announcements.
The New York Stock Exchange-listed miner also declared a quarterly dividend of $0.875 per share on its Series B Cumulative Convertible Preferred Stock. Preferred stockholders of record as of March 16, 2026 will receive payment on April 1, 2026.
The dividend follows the company's announcement of fourth quarter and full year 2025 results, which showed record revenue exceeding $1.4 billion, representing a 53% increase over 2024. Net income applicable to common stockholders reached $321 million for the year.
| Security | Dividend Amount | Record Date | Payment Date |
|---|---|---|---|
| Common Stock | $0.00375 | March 9, 2026 | March 24, 2026 |
| Series B Preferred Stock | $0.875 | March 16, 2026 | April 1, 2026 |
Strong Cash Flow Performance
Hecla generated $563 million in cash flow from operations during 2025, with free cash flow of $310 million. The company's net leverage ratio improved significantly to 0.1x from 1.6x a year earlier, reflecting continued balance sheet strengthening.
The Coeur d'Alene, Idaho-based company achieved numerous operational records during the year. Consolidated silver total cost of sales was $556 million, up $68 million or 14% from the prior year, primarily due to higher sales volumes.
Silver cash costs after by-product credits decreased to negative $1.75 per ounce, while all-in sustaining costs came in at $11.28 per ounce, both lower than the prior year. The improvement was driven by higher production volumes, $80 million in additional by-product credits mostly from Greens Creek, and $30 million lower treatment charges.
2026 Production Outlook
The company expects consolidated silver production of 15.1 to 16.5 million ounces in 2026. Gold production is projected at 51.0 to 55.0 thousand ounces from continuing operations, with an additional 14.0 to 17.0 thousand ounces expected in the first quarter from Casa Berardi before its planned sale.
Greens Creek is forecast to produce 7.5 to 8.1 million ounces of silver and 51.0 to 55.0 thousand ounces of gold. Lucky Friday is expected to contribute 4.7 to 5.2 million ounces of silver, while Keno Hill is projected to produce 2.9 to 3.2 million ounces.