Hawaiian Electric Industries (HE) Declares $0.31 Quarterly Dividend; 3.7% Yield

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HEI Maintains Quarterly Dividend Of $0.31 Per Share

February 2, 2018 8:00 AM EST

HONOLULU, Feb. 2, 2018 /PRNewswire/ -- On February 1, 2018, the Board of Directors of Hawaiian Electric Industries, Inc. (HEI) (NYSE: HE) maintained HEI's quarterly cash dividend of $0.31 cents per share, payable March 13, 2018, to shareholders of record at the close of business on February 22, 2018 (ex-dividend date of February 21, 2018).  The dividend would be equivalent to an annual rate of $1.24 per share.

Dividends have been paid continuously since 1901.  At the indicated annual dividend rate and based on the closing share price on February 1, 2018 of $33.86, HEI's... More