Hawaiian Electric Industries (HE) Declares $1.24 Quarterly Dividend; 16.7% Yield

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Go back to Hawaiian Electric Industries (HE) Declares $1.24 Quarterly Dividend; 16.7% Yield

Hawaiian Electric Industries, Inc. Maintains Dividend

February 10, 2016 5:01 AM EST

HONOLULU, Feb. 10, 2016 /PRNewswire/ -- On February 9, 2016, the board of directors of Hawaiian Electric Industries, Inc. (NYSE-HE) (HEI) maintained the regular quarterly cash dividend of 31 cents per share, payable March 10, 2016, to shareholders of record at the close of business on February 22, 2016 (ex-dividend date is February 18, 2016). The dividend is equivalent to an annual rate of $1.24 per share.

Dividends have been paid continuously since 1901. At the indicated annual dividend rate and the closing share price of $29.68 on February 9, 2016, HEI's yield is 4.2%.

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