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Heico (HEI) 3-Year Dividend Growth Rate : 7.70% (As of Jan. 2024)


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What is Heico 3-Year Dividend Growth Rate?

Heico's Dividends per Share for the three months ended in Jan. 2024 was $0.10.

The historical rank and industry rank for Heico's 3-Year Dividend Growth Rate or its related term are showing as below:

HEI' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 3.6   Med: 17.95   Max: 31
Current: 7.7

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Heico was 31.00% per year. The lowest was 3.60% per year. And the median was 17.95% per year.

HEI's 3-Year Dividend Growth Rate is ranked worse than
55.26% of 76 companies
in the Aerospace & Defense industry
Industry Median: 9.85 vs HEI: 7.70

During the past 12 months, Heico's average Dividends Per Share Growth Rate was 5.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 7.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 10.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 14.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Heico's Dividend Payout Ratio for the three months ended in Jan. 2024 was 0.12. As of today, Heico's Dividend Yield % is 0.10%.

Warning Sign:

Heico Corp stock dividend yield is close to 10-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Heico's 3-Year Dividend Growth Rate

For the Aerospace & Defense subindustry, Heico's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Heico's 3-Year Dividend Growth Rate Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Heico's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Heico's 3-Year Dividend Growth Rate falls into.



Heico 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Heico  (NYSE:HEI) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Heico's Dividend Payout Ratio for the quarter that ended in Jan. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jan. 2024 )/ EPS without NRI (Q: Jan. 2024 )
=0.1/ 0.82
=0.12

During the past 13 years, the highest Dividend Payout Ratio of Heico was 0.08. The lowest was 0.06. And the median was 0.07.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Heico Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1002024-01-032024-01-042024-01-19Cash Dividendsemi-annuallyUSD:USD 1.000000
USD 0.1002023-06-302023-07-032023-07-17Cash Dividendsemi-annuallyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Heico's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.2/206.82
=0.10 %

Current Share Price is $206.82.
Heico's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.2.

During the past 13 years, the highest Dividend Yield of Heico was 0.37%. The lowest was 0.10%. And the median was 0.18%.

Warning Sign:

Heico Corp stock dividend yield is close to 10-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Heico 3-Year Dividend Growth Rate Related Terms>


Heico (HEI) Business Description

Traded in Other Exchanges
Address
3000 Taft Street, Hollywood, FL, USA, 33021
Heico is an aerospace and defense supplier that focuses on creating niche replacement parts for commercial aircraft and components for defense products. In commercial aerospace, Heico is the largest independent producer of replacement aircraft parts, primarily for engines. In the defense market, the company produces niche subcomponents used in targeting technology as well as simulation equipment, among other things. It operates as two segments: the flight support group,or FSG, and the electronic technologies group, or ETG, both of which supply the aerospace and defense sectors to different degrees. The company is highly acquisitive, focusing on companies in similar or adjacent markets that are generating strong cash flow with the potential for growth.
Executives
Carol F. Fine director 3000 TAFT STREET, HOLLYWOOD FL 33021
Laurans A Mendelson director, 10 percent owner, officer: COB and CEO
Wolfgang Mayrhuber director C/O HEICO, 3000 TAFT STREET, HOLLYWOOD FL 33021
Adolfo Henriques director C/O UNION PLANTERS CORP, 6200 POPLAR AVE, MEMPHIS TN 38119
Julie Neitzel director 3000 TAFT STREET, HOLLYWOOD FL 33021
Mark H Hildebrandt director 3000 TAFT STREET, HOLLYWOOD FL 33021
Frank J Schwitter director 45 SUTTON PLACE SOUTH APT. 12G, NEW YORK X1 10022
Eric A Mendelson director, officer: Co-President
Victor H Mendelson director, officer: Executive Vice President
Thomas M Culligan director 3000 TAFT STREET, HOLLYWOOD FL 33021
Alan Schriesheim director 3000 TAFT STREET, HOLLYWOOD FL 33021
Thomas S Irwin officer: Executive Vice President, CFO 3000 TAFT STREET, HOLLYWOOD FL 33021
Steven M Walker officer: Chief Accounting Officer 3000 TAFT STREET, HOLLYWOOD FL 33021
Samuel L Higginbottom director
Carlos L Macau officer: EVP-CFO & Treasurer 3000 TAFT STREET, HOLLYWOOD FL 33021