Heico Corp. (HEI) Raises Semi-Annual Dividend 16.7% to $0.07; 0.3% Yield

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Go back to Heico Corp. (HEI) Raises Semi-Annual Dividend 16.7% to $0.07; 0.3% Yield

HEICO Corporation Increases Semi-Annual Cash Dividend 17 percent; Sets Annual Meeting and Record Dates

December 15, 2014 2:47 PM EST

MIAMI and HOLLYWOOD, Fla., Dec. 15, 2014 (GLOBE NEWSWIRE) -- HEICO Corporation (NYSE:HEI.A) (NYSE: HEI) today announced that its Board of Directors declared a regular semi-annual cash dividend of $.07 per share, payable on both classes of common stock.  The cash dividend will be paid on January 19, 2015 to shareholders of record as of January 5, 2015.

The cash dividend represents a 17% increase over the prior semi-annual per share amount of $.06 and is HEICO's 73rd consecutive semi-annual cash dividend since 1979. 

Laurans A. Mendelson, HEICO's Chairman and Chief Executive Officer, along with HEICO's Co-Presidents, Eric A.... More