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Stock impact report

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

Heico Corporation (HEI) 
Last heico corporation earnings: 2/25 04:15 pm Check Earnings Report
US:NYSE Investor Relations: heico.com/investors
Company Research Source: Business Wire
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 HEICO’s 3rd cash dividend increase in the past 12 months and HEICO’s 81st consecutive semi-annual cash dividend since 1979. The cash dividend represents a cumulative increase of 25% since December 15, 2017. Laurans A. Mendelson, HEICO’s Chairman and Chief Executive Officer, along with HEICO’s Co-Presidents, Eric A. Mendelson and Victor H. Mendelson, commented, “This increased cash dividend reflects our Board of Dire Show less Read more
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