Heico Corp. (HEI) Raises Semi-Annual Dividend 12.5% to $.09; 0.2% Yield

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Go back to Heico Corp. (HEI) Raises Semi-Annual Dividend 12.5% to $.09; 0.2% Yield

HEICO Corporation Increases Semi-Annual Cash Dividend 13 percent

December 13, 2016 8:30 AM EST

MIAMI and HOLLYWOOD, Fla., Dec. 13, 2016 (GLOBE NEWSWIRE) -- HEICO Corporation (NYSE:HEI.A) (NYSE: HEI) today announced that its Board of Directors declared a regular semi-annual cash dividend of $.09 per share, payable on both classes of common stock.  The cash dividend will be paid on January 18, 2017 to shareholders of record as of January 4, 2017.

The cash dividend represents a 13% increase over the prior semi-annual per share amount of $.08 and is HEICOs 77th consecutive semi-annual cash dividend since 1979. 

The Company also noted that, given the strength in HEICOs share prices and the... More