Heico As of October 10, 2023 ticker dps (an.) 2024 hike 2023 hike 2022 hike
HEI $0.20 0.0% 11.1% 12.5%
Business yield Hike yrs 5 yr CAGR freq. paid since
Aerospace & Electronics 0.1% 16 12.3% Semi-An 1979

HEICO Corporation (HEI) will raise its semi-annual dividend by 14.3 percent to $0.08 per share. This comes after a 16.7 percent dividend hike by the company last year. HEICO went public in 1960 and has paid a dividend every year since 1979.

HEICO Corporation is engaged primarily in the design, production, servicing and distribution of products and services to certain niche segments of the aviation, defense, space, medical, telecommunications and electronics industries through its Hollywood, Florida-based Flight Support Group and its Miami, Florida-based Electronic Technologies Group.HEICO was originally formed in 1957 as Heinicke Instruments to design and sell laboratory equipment.