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Hecla Mining Co., $3.50 Series B Cumulative Convertible Preferred Stock
Ticker Symbol: HL-B CUSIP: 422704205 Exchange: NYSE
QUANTUMONLINE.COM SECURITY DESCRIPTION: Hecla Mining Company, $3.50 Series B Cumulative Convertible Preferred Stock, liquidation preference $50 per share, redeemable at the issuer's option on or after 7/01/1996 at $52.45 per share plus accrued dividends declining to $50 per share by 7/01/2003, and with no stated maturity. Cumulative distributions are paid quarterly on 1/1, 4/1, 7/1 & 10/1. The preferred share are convertible at any time into common shares at a conversion price of $15.55 per common share. Dividends paid by this preferred security are eligible for the preferential income tax rate of 15% to a maximum of 20% depending on the holder's tax bracket (and under IRS specified holding restrictions) and are also eligible for the dividends received deduction for corporate holders. The Series B preferred shares rank senior to the common stock and to any outstanding shares of Series A preferred stock.
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Go to Parent Company's Record (HL)
IPO - 6/29/1993 - 2.00 Million Shares @ $25.00 /share.
Market Value $ Million
Company's Online Information Links
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Company's Online SEC EDGAR Filings |
Company's Email Address Links |
Address and Phone Numbers |
Address: 6500 Mineral Drive, Coeur d'Alene, ID 83815 |
Main Phone Number |
208-769-4100 |
Fax Number |
Not Available |
Investor Relations
Anvita Mishra Patil
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800-432-5291
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Toll Free Phone Number |
800-432-5291 |
CEO - Phillips S. Baker, Jr. |
CFO - Russell D. Lawlar |
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