HEICO Hikes Semiannual Dividend by 8% to $0.13 Per Share

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HEICO announced on June 15 that it is raising its semiannual cash dividend by 8% to $0.13 per share from $0.12, payable on July 15 to shareholders of record as of July 1. The increase marks the company's 96th consecutive semiannual cash dividend since 1979, a streak approaching five decades. The move follows record fiscal second-quarter 2026 results, with net income up 49% year-over-year to $233.8 million and revenue up 25% to new highs. HEICO, which makes FAA-approved replacement parts and electronic components for aerospace and defense, trades at a forward price-to-earnings multiple of 58.2 times, well above the industrials average, and offers a dividend yield of about 0.07% with a forward payout ratio of just 4.23%. Analysts have a consensus Moderate Buy rating on the stock with an average price target of $383.69, implying roughly 15% upside from current levels.

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Aerospace & Aviation · 4 stocks
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HEICO raised its semiannual dividend by 8% and reported record Q2 results with net income up 49% and revenue up 25%

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