Heico Corporation (NYSE:HEI) Updates On Dividend Release Date


On 2016-06-06, Heico Corporation (NYSE:HEI) confirmed the dividend disbursement of $0.08 a share to shareholders as on record 2016-07-05. The firm will release dividend on 2016-07-19 while ex-dividend date is reported to be 2016-06-30.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Heico Corporation (NYSE:HEI) paid a total of $0.08 per share in dividends. This figure stood at $0.08 a share in the same period a year ago indicating a deviation of -70.2128%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $72.333 on the stock. This figure is the average of recommendations offered by 3 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $75 and $70, respectively.

Taking the mathematical rating formula, the price for Heico Corporation (NYSE:HEI) stands at 1.67. Earnings Review Heico Corporation (NYSE:HEI) will report its quarterly earnings for the period ending on 2016-07-31 by 2016-08-24. For the period ending on 2016-07-31, experts are expecting EPS of $0.58.

Coming to the quarter ending on 2015-10-31, Heico Corporation (NYSE:HEI) recorded EPS of $0.57. The reported numbers came lower than the analysts’ estimates of $0.54, demonstrating a miss of $0.03 as against reported figures.

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