Heico Corp. (HEI) Raises Semi-Annual Dividend 14.3% to $0.08; 0.1% Yield

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Go back to Heico Corp. (HEI) Raises Semi-Annual Dividend 14.3% to $0.08; 0.1% Yield

HEICO Corporation Increases the Semi-Annual Cash Dividend by 14% and Sets the Annual Meeting and Record Date

December 16, 2019 4:13 PM EST

HOLLYWOOD, FL. & MIAMI--(BUSINESS WIRE)-- HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) announced today that its Board of Directors approved a 14% increase in the semi-annual cash dividend to $0.08 per share from $0.07 per share, payable on both classes of common stock.

The dividend is payable on January 23, 2020 to shareholders of record as of January 9, 2020.

This announcement marks HEICOs 83rd consecutive semi-annual cash dividend since 1979.

Laurans A. Mendelson, HEICOs Chairman and Chief Executive Officer, along with HEICOs Co-Presidents, Eric A. Mendelson and Victor H. Mendelson,... More