Hecla Mining Company Dividends
The next dividend date for Hecla Mining Company has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Hecla Mining Company (HL)
More About Hecla Mining Company
Hecla Mining Company, together with its subsidiaries, provides precious and base metal properties in the United States, Canada, Japan, Korea, and China. The company mines for silver, gold, lead, and zinc concentrates, as well as carbon material containing silver and gold for custom smelters, metal traders, and third-party processors; and doré containing silver and gold. Its flagship project is the Greens Creek mine located on Admiralty Island in southeast Alaska. The company was incorporated in 1891 and is headquartered in Coeur d'Alene, Idaho.
Owning Hecla Mining Company Stock on the Dividend Date
If you own Hecla Mining Company stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Hecla Mining Company stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Hecla Mining Company stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Hecla Mining Company stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Hecla Mining Company dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Hecla Mining Company Options on the Dividend Date
Unlike the stock price, which will normally have an abrupt decrease by the amount of the dividend on the ex-dividend date, option prices typically do not reflect the same phenomenon.
The reason is that in the time leading up to the ex-dividend date, that projected drop in Hecla Mining Company stock price from the dividend is already baked into Hecla Mining Company option prices.
That means the prices of call options that overlap the Hecla Mining Company ex-dividend date typically go down in the period leading up to the ex-dividend date.
The prices of put options that overlap the Hecla Mining Company ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Hecla Mining Company call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Hecla Mining Company put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Hecla Mining Company Dividends
You can contact us any time if you would like to ask questions about Hecla Mining Company dividends or anything else related to the stock market.