HEICO Corporation, through its subsidiaries, designs, manufactures, and sells aerospace, defense, and electronic related products and services in the United States and internationally. The company's Flight Support Group segment provides jet engine and aircraft component replacement parts; thermal insulation blankets and parts; renewable/reusable insulation systems; and specialty components. This segment also distributes hydraulic, pneumatic, structural, interconnect, mechanical, and electro-mechanical components for the commercial, regional, and general aviation markets; and offers repair and overhaul services for jet engine and aircraft component parts, avionics, instruments, composites, and flight surfaces of commercial aircraft, as well as for avionics and navigation systems, subcomponents, and other instruments utilized on military aircraft. Its Electronic Technologies Group segment provides electro-optical infrared simulation and test equipment; electro-optical laser products; electro-optical, microwave, and other power equipment; electromagnetic and RFI shielding and suppression filters; high-speed interface products; high voltage interconnection devices; high voltage advanced power electronics; power conversion products; and underwater locator beacons and emergency locator transmission beacons. This segment also offers traveling wave tube amplifiers and microwave power modules; three-dimensional microelectronic and stacked memory products; harsh environment connectivity products and custom molded cable assemblies; radio frequency and microwave amplifiers, transmitters, and receivers; communications and electronic intercept receivers and tuners; self-sealing auxiliary fuel systems; active antenna systems; and nuclear radiation detectors. The company serves customers primarily in the aviation, defense, space, medical, telecommunications, and electronics industries. HEICO Corporation was incorporated in 1957 and is headquartered in Hollywood, Florida.
HEICO Dividend Announcement
• HEICO announced a semi annually dividend of $0.11 per ordinary share which will be made payable on 2024-07-15. Ex dividend date: 2024-07-01
• HEICO annual dividend for 2024 was $0.21
• HEICO annual dividend for 2023 was $0.20
• HEICO's trailing twelve-month (TTM) dividend yield is 0.08%
• HEICO's payout ratio for the trailing twelve months (TTM) is 6.34%
• HEICO's dividend growth over the last five years (2018-2023) was 6.28% year
• HEICO's dividend growth over the last ten years (2013-2023) was -7.15% year
HEICO Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-01 | $0.11 | semi annually | 2024-07-15 |
2024-01-03 | $0.10 | semi annually | 2024-01-19 |
2023-06-30 | $0.10 | semi annually | 2023-07-17 |
2023-01-04 | $0.10 | semi annually | 2023-01-23 |
2022-06-30 | $0.09 | semi annually | 2022-07-15 |
2022-01-05 | $0.09 | semi annually | 2022-01-20 |
2021-06-30 | $0.09 | semi annually | 2021-07-15 |
2021-01-06 | $0.08 | semi annually | 2021-01-21 |
2020-06-30 | $0.08 | semi annually | 2020-07-15 |
2020-01-08 | $0.08 | semi annually | 2020-01-23 |
2019-06-28 | $0.07 | semi annually | 2019-07-15 |
2019-01-02 | $0.07 | semi annually | 2019-01-17 |
2018-07-10 | $0.06 | semi annually | 2018-07-19 |
2018-01-02 | $0.09 | semi annually | 2018-01-17 |
2017-06-30 | $0.08 | semi annually | 2017-07-19 |
2016-12-30 | $0.09 | semi annually | 2017-01-18 |
2016-06-30 | $0.08 | semi annually | 2016-07-19 |
2015-12-30 | $0.08 | semi annually | 2016-01-19 |
2015-07-01 | $0.07 | semi annually | 2015-07-20 |
2014-12-31 | $0.07 | semi annually | 2015-01-19 |
2014-07-02 | $0.06 | semi annually | 2014-07-21 |
2013-12-31 | $0.35 | semi annually | 2014-01-17 |
2013-07-03 | $0.07 | semi annually | 2013-07-22 |
HEICO Dividend per year
HEICO Dividend growth
HEICO Dividend Yield
HEICO current trailing twelve-month (TTM) dividend yield is 0.08%. Interested in purchasing HEICO stock? Use our calculator to estimate your expected dividend yield:
HEICO Financial Ratios
HEICO Dividend FAQ
Other factors to consider when evaluating HEICO as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: HEICO's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, HEICO publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, HEICO distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from HEICO are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: HEICO sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, HEICO distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: HEICO declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of HEICO's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review HEICO's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.