Heico's most recent dividend was on Jan 3, 2024 (ex-date) with a cash dividend payment of $0.1 per share. On an annualized basis, the company has a current payout of $0.2 per share. This brings the dividend yield to 0.1% based on its recent close price.
HEI has a dividend yield of 0.1% which is below the Industrials sector and the industry average. Compared to its Industrials sector average of 1.41%, Heico's dividend yield is 93% lower. Historically HEI's dividend yield has averaged at 0.1% in the last 5 years, which is above the current yield.
Heico has a long dividend history, including the last 27 consecutive years with dividend payouts. HEI has issued two dividends in the last twelve months. The annualized DPS has increased by 5% for the last year. But since the stock price has gone up by 20% from a year ago, the dividend yield has decreased by 10%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Jan 3, 2024 | Jan 19, 2024 | Dec 18, 2023 | $0.1 | normal |
| Jun 30, 2023 | Jul 17, 2023 | Jun 12, 2023 | $0.1 | normal |
| Jan 4, 2023 | Jan 23, 2023 | Dec 19, 2022 | $0.1 | normal |
| Jun 30, 2022 | Jul 15, 2022 | Jun 20, 2022 | $0.09 | normal |
| Jan 5, 2022 | Jan 20, 2022 | Dec 20, 2021 | $0.09 | normal |
| Jun 30, 2021 | Jul 15, 2021 | Jun 8, 2021 | $0.09 | normal |
| Jan 6, 2021 | Jan 21, 2021 | Dec 21, 2020 | $0.08 | normal |
| Jun 30, 2020 | Jul 15, 2020 | Jun 9, 2020 | $0.08 | normal |
| Jan 8, 2020 | Jan 23, 2020 | Dec 16, 2019 | $0.08 | normal |
| Jun 28, 2019 | Jul 15, 2019 | Jun 12, 2019 | $0.07 | normal |
| Jan 2, 2019 | Jan 17, 2019 | Dec 17, 2018 | $0.07 | normal |
| Jul 10, 2018 | Jul 19, 2018 | Jun 12, 2018 | $0.06 | normal |
| Jan 2, 2018 | Jan 17, 2018 | Dec 15, 2017 | $0.045 | normal |
| Jun 30, 2017 | Jul 19, 2017 | Jun 13, 2017 | $0.051 | normal |
| Dec 30, 2016 | Jan 18, 2017 | Dec 13, 2016 | $0.046 | normal |
| Jun 30, 2016 | Jul 19, 2016 | Jun 6, 2016 | $0.041 | normal |
| Dec 30, 2015 | Jan 19, 2016 | Dec 14, 2015 | $0.041 | normal |
HEI has a payout ratio of 6.5% which is lower than the Industrials sector and the industry average. In comparison with the Industrials sector average of 30.4%, Heico's payout ratio is 79% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| GE General Electric Co | 0.33% | $0.52 | 16.8% |
| HEI Heico Corp | 0.1% | $0.2 | 6.5% |
Yes, Heico has paid two dividends in the last 12 months. HEI has been paying dividends since 1997.
HEI hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in July 2024.
Heico's last regular dividend was on Jan 3, 2024 (ex-date) with the amount of $0.1 per share.
On an annual basis HEI pays $0.2 per share.
The current dividend yield of Heico is 0.1%.
Heico typically pays two dividends per year.
Heico's dividend payout ratio is 6.5%.
Heico's dividend yield is below the Industrials sector average.