Niche technology company Heico Corp. said Tuesday that its board of directors declared a special dividend in addition to the regular $.06 per share semi-annual dividend.
The cash payments — which total $1.20 per share — will be made Dec. 21.
Heico, which has headquarters in Miami and Hollywood, said the dividends were declared because of expected tax increases in 2013. The regular six-cent per share dividend would have normally been paid in January.
The company makes replacement parts for airplanes and components for the space, defense, communications, medical and computer industries.
Heico Corp. to pay special dividend
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Heico Corp. to pay special dividend
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Heico Corp. to pay special dividend