HEICO Corporation

NYSE HEI-A

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HEICO Corporation Dividend Coverage Ratio 1 year YoY Change (%) for the Trailing 12 Months (TTM) ending January 31, 2024: -18.23%

HEICO Corporation Dividend Coverage Ratio 1 year YoY Change (%) is -18.23% for the Trailing 12 Months (TTM) ending January 31, 2024, a -137.62% change year over year. The dividend coverage ratio measures a company's ability to cover its dividend payments with its net income. It is calculated by dividing net income by dividends paid. This ratio indicates the proportion of net income that is allocated to paying dividends. A ratio greater than 1 suggests sufficient income to cover dividend payments, while a ratio less than 1 indicates a potential shortfall. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.

HEICO Corporation Dividend Coverage Ratio for the Trailing 12 Months (TTM) ending April 30, 2023 was 7.69, a -23.38% change year over year.
HEICO Corporation Dividend Coverage Ratio for the Trailing 12 Months (TTM) ending April 30, 2022 was 10.04, a 68.07% change year over year.
HEICO Corporation Dividend Coverage Ratio for the Trailing 12 Months (TTM) ending April 30, 2021 was 5.97, a -33.96% change year over year.
HEICO Corporation Dividend Coverage Ratio for the Trailing 12 Months (TTM) ending April 30, 2020 was 9.04, a -12.25% change year over year.

NYSE: HEI-A

HEICO Corporation

CEO	Mr. Laurans A. Mendelson
IPO Date	Jan. 4, 2016
Location	United States
Headquarters	3000 Taft Street, Hollywood, FL, United States, 33021
Employees	9,600
Sector	Industrials
Industry	Aerospace & defense

Description

HEICO Corporation, through its subsidiaries, designs, manufactures, and sells aerospace, defense, and electronic related products and services in the United States and internationally. Its Flight Support Group segment provides jet engine and aircraft component replacement parts; thermal insulation blankets and parts; renewable/reusable insulation systems; and specialty components. This segment also distributes hydraulic, pneumatic, structural, interconnect, mechanical, and electro-mechanical components for the commercial, regional, and general aviation markets; and offers repair and overhaul services for jet engine and aircraft component parts, avionics, instruments, composites, and flight surfaces of commercial aircraft, as well as for avionics and navigation systems, and other instruments utilized on military aircraft. The company's Electronic Technologies Group segment provides electro-optical infrared simulation and test equipment; electro-optical laser products; electro-optical, microwave, and other power equipment; electromagnetic and radio frequency (RF) interference shielding and suppression filters; power conversion and interface; interconnection devices; and underwater locator beacons and emergency locator transmission beacons. This segment also offers traveling wave tube amplifiers and microwave power modules; memory products and specialty semiconductors; harsh environment connectivity products and custom molded cable assemblies; RF and microwave products; communications and electronic intercept receivers and tuners; self-sealing auxiliary fuel systems; active antenna systems and airborne antennas; nuclear radiation detectors; silicone products; power amplifiers; ceramic-to-metal feedthroughs and connectors; technical surveillance countermeasures equipment; RF receivers and sources; embedded computing solutions; test sockets and adapters; and radiation assurance services. The company was incorporated in 1957 and is headquartered in Hollywood, Florida.

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