The ex-dividend date for Heico Corporation (NYSE:HEI) is tomorrow, July 1, 2011. Owners of shares as of market close today will be eligible for a dividend of 6 cents per share. At a price of $54.68 as of 9:32 a.m., the dividend yield is 0.2%.
NEW YORK ( TheStreet) -- The ex-dividend date for Heico Corporation (NYSE: HEI) is tomorrow, July 1, 2011. Owners of shares as of market close today will be eligible for a dividend of 6 cents per share. At a price of $54.68 as of 9:32 a.m. ET, the dividend yield is 0.2%. The average volume for Heico has been 119,200 shares per day over the past 30 days. Heico has a market cap of $907.2 million and is part of the industrial goods sector and aerospace/defense industry. Shares are up 32.8% year to date as of the close of trading on Wednesday. HEICO Corporation, through its subsidiaries, engages in the design, manufacture, and sale of aerospace, defense, and electronic related products and services in the United States and internationally. The company has a P/E ratio of 35.7, equal to the average aerospace/defense industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Heico as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, expanding profit margins and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Heico Ratings Report. See our dividend calendar or top-yielding stocks list.