Hawaiian Electric Industries Reports First Quarter 2016 Earnings

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Hawaiian Electric Industries (HE) Declares $0.31 Quarterly Dividend; 3.8% Yield

May 4, 2016 1:21 PM EDT

Hawaiian Electric Industries (NYSE: HE) declared a quarterly dividend of $0.31 per share, or $1.24 annualized.

The dividend will be payable on June 15, 2016, to stockholders of record on May 31, 2016, with an ex-dividend date of May 26, 2016.

The annual yield on the dividend is 3.8... More

Hawaiian Electric Industries (HE) Misses Q1 EPS by 6c

May 4, 2016 1:17 PM EDT

Hawaiian Electric Industries (NYSE: HE) reported Q1 EPS of $0.31, $0.06 worse than the analyst estimate of $0.37. Revenue for the quarter came in at $551 million versus the consensus estimate of $588.65 million.

"With regard to our bank spin and utility merger transactions, our bank accomplished an... More