Yes, but not for many years. Hecla's stock split one-for-one in May 1968 and three-for-two in February 1981. Details of each stock split are as follows:
|Record Date||Payable Date||Factor|
|5/10/68||6/10/68||1 for 1|
|2/10/81||3/24/81||3 for 2|
Hecla pays a silver price-linked common stock dividend based on Hecla's average realized silver price for the preceding quarter. Realized prices are calculated by dividing gross revenues for each metal by the payable quantities of each metal included in concentrate and doré sold during the period. Any quarterly Common Stock dividend declared by Hecla will increase or decrease by $0.01 per share ($0.04 annually) for each $5.00 per ounce incremental increase or decrease in the average realized silver price in the preceding quarter. If you are a Common Stock shareholder who has moved and you have not received your dividend payments, please contact Hecla's transfer agent, American Stock Transfer & Trust Company at 800-937-5449.
Hecla also pays an annual minimum common stock dividend of $0.01 per share to be paid quarterly at $0.0025 per share. If you are a Common Stock shareholder who has moved and you have not received your dividend payments, please contact Hecla's transfer agent, American Stock Transfer & Trust Company at 800-937-5449.
Hecla pays a $0.875 per share dividend on its Series B Cumulative Convertible Preferred Stock (HL-PrB) each quarter. Dividends are typically paid to shareholders of the Series B Cumulative Convertible Preferred Stock on January 1, April 1, July 1 and October 1. If you are a Preferred B shareholder who has moved and you have not received your dividend payments, please contact Hecla's transfer agent, American Stock Transfer & Trust Company at 800-937-5449.
The declaration and payment of dividends remains at the sole discretion of the Board of Directors and will depend on Hecla's financial results, cash requirements (including for preferred dividends, operations, capital projects, exploration and development, litigation and settlements, acquisitions, and other items), future prospects and other factors deemed relevant by the Board.
Hecla sold its interest in the below-listed companies. If you hold shares in any of these companies, please contact the below-listed individuals for information on your shares.
|Silver Mountain Lead Mines, Inc.||3/25/99||William L. Campbell, Jr.
Phone: (509) 922-3035
|Nine Corporation||3/25/99||William L. Campbell, Jr.
Phone: (509) 922-3035
|Moonlight Mining Company||3/25/99||William L. Campbell, Jr.
Phone: (509) 922-3035
|Wall Street Mining Company||5/25/99||William L. Campbell, Jr.
Phone: (509) 922-3035
|Abot Mining Company||6/30/00||Greg Lipsker
Phone: (509) 455-9077
Columbia Stock Transfer
Phone: (208) 664-3544
|Consolidated Silver Corporation (ConSil Corp.)||7/10/01||Nathan Drage
Phone: (801) 273-9300
Phone: (604) 661-9400
American Stock Transfer & Trust Company can provide account information to Hecla shareholders Monday through Friday 8:00 a.m. to 5:00 p.m. (ET) when they call 800-937-5449. American Stock Transfer & Trust Company can also provide the following information:
Statement of Certificate History
Instructions for Lost Certificates
Shareholder Change of Address
Establishing a Beneficiary
From Individual into Joint Tenant
Removal of Joint Tenant
Establishing a Trust Account
Change of Owner’s Name
Establishing a Custodial Account
You may also visit American Stock Transfer & Trust Company’s web site to review your account information. Visit American Stock Transfer & Trust for more information.
Here is a list of all mergers and acquisitions of Hecla Mining Company, including the number of shares exchanged for each merged company for Hecla common stock, if applicable:
|Date||Company||Exchange Share Ratio|
|10/31/58||Polaris Mining Company||6 Polaris shares = 1 Hecla shares|
|1/29/64||Lucky Friday Silver-Lead Mines Company||No share exchange|
|10/20/81||Day Mines, Inc.||1 Day share = 1.8 Hecla shares|
|7/26/84||Ranchers Exploration and Development Corporation||1 Ranchers share = 1.55 Hecla shares|
|5/5/89||Geodome Resources||No share exchange|
|12/17/90||Indusmin, Inc.||No share exchange|
|6/26/91||CoCa Mines, Inc.||1 CoCa share = .24149 Hecla share|
|5/11/94||Equinox Resources||1 Equinox share = .3 Hecla share|
|4/16/08||Remaining 70.3% interest in Greens Creek Joint Venture held by Rio Tinto subsidiary||No share exchange|
|11/6/08||Independence Lead Mines Company - Assets||1 ILM share = 1.2 Hecla shares|
|12/13/11||Remaining 30% interest in the San Juan Silver project held by Emerald Mining & leasing, LLC; Golden 8 Mining, LLC; and AgX Resources, Inc.||No share exchange|
If you are a beneficial owner or a shareholder of record of Hecla common stock, you should receive the most current Hecla Annual Report in the mail in early April of each year.
You may also access our most current Annual Report and Proxy Statement, in early April, by visiting our web site www.hecla-mining.com and selecting Investors.
Starting in January 2008, in accordance with rules and regulations recently adopted by the Securities and Exchange Commission, instead of mailing a printed copy of our proxy materials to each shareholder of record, we may now furnish proxy materials to our shareholders on the Internet. We do also provide our most current Annual Report (the “Annual Report”) when available on the Internet. If you receive a Notice Regarding the Availability of Proxy Matters (the “Notice”) by mail, you will not receive a printed copy of the proxy materials or our Annual Report by mail. Instead, the Notice will instruct you as to how you may access and review all of the important information contained in the proxy materials and the Annual Report. The Notice will also instruct you as to how you may submit your proxy on the Internet. If you receive a Notice by mail and would like to receive a printed copy of our proxy materials and the Annual Report, not including a proxy card, you should follow the instructions for requesting such materials included in the Notice.Additionally, a number of brokers and banks are participating in a program provided by Broadridge Financial Services that offers the means to receive shareholder material (Annual Report and Proxy Statement) and grant proxies to vote shares by means of the Internet. If your shares are held in an account with a broker or bank participating in the Broadridge program you may use the following link to sign up for electronic delivery: Open Enrollment.
Broadridge Financial Services will mail the most current Annual Report and Proxy Statement for Hecla’s Annual Meeting of Shareholders sometime in late March or early April each year. Shareholders whose shares are kept in a brokerage account will receive their proxy materials directly from their broker.
Additionally, a number of brokers and banks are participating in a program through Broadridge Financial Services that offers the means to receive shareholder material (Annual Report and Proxy Statement) and grant proxies to vote shares by means of the Internet. If your shares are held in an account with a broker or bank participating in the Broadridge program you may use the following link to sign up for electronic delivery: Open Enrollment.