Heico Corp. (HEI) Raises Semi-Annual Dividend 16.7% to $0.07; 0.2% Yield

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Go back to Heico Corp. (HEI) Raises Semi-Annual Dividend 16.7% to $0.07; 0.2% Yield

HEICO Corporation Increases the Semi-Annual Cash Dividend by 17% and Sets the Annual Meeting and Record Date

December 17, 2018 8:30 AM EST

Increase marks a 25% cumulative Cash Dividend Increase over the Past 12 months

HOLLYWOOD, Fla. & MIAMI--(BUSINESS WIRE)-- HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) announced today that its Board of Directors approved a 17% increase in the semi-annual cash dividend to $0.07 per share from $0.06 per share, payable on both classes of common stock.

The dividend is payable on January 17, 2019 to shareholders of record as of January 3, 2019.

This announcement marks HEICOs 3rd cash dividend increase in the past 12 months and HEICOs 81st consecutive semi-annual cash dividend since 1979. The cash... More