HEICO Corporation Increases Semi-Annual Cash Dividend 25% to $0.06/Share

HEICO CORPORATION

today announced that its Board of Directors declared a regular semi-annual cash dividend of $.06 per share payable on both classes of common stock. The cash dividend is payable on July 20, 2011 to shareholders of record as of July 6, 2011. The cash dividend represents a 25% increase over the prior semi-annual per share amount of $.048 (as adjusted for the Company's 5 for 4 stock split distributed April 2011) and is HEICO's 66th consecutive semi-annual cash dividend since 1979. Laurans A. Mendelson, HEICO's Chairman and Chief Executive Officer, commenting on the cash dividend remarked, "By raising the cash dividend, our Board of Directors' goal is to confirm its continuing confidence in HEICO's growth strategies and to continue to reward our shareholders, while retaining sufficient capital to fund our internal growth objectives and acquisition strategies."