Hawaiian Electric Industries (HE) Raises Quarterly Dividend 3.2% to $0.32; 3.4% Yield

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Go back to Hawaiian Electric Industries (HE) Raises Quarterly Dividend 3.2% to $0.32; 3.4% Yield

Hawaiian Electric Industries Reports 2018 Results, Increases Dividend And Nominates New Directors

February 15, 2019 6:00 AM EST

HONOLULU, Feb. 15, 2019 /PRNewswire/ --

2018 Highlights

Strong consolidated earnings include record bank earnings and improved utility earnings Reported net income of $201.8 million in 2018 versus $165.3 million in 2017 Reported EPS of $1.85 in 2018 versus $1.52 in 2017 Reported return on equity of 9.5% versus 7.9% in 2017 Quarterly dividend increase of 1 cent, from $0.31 to $0.32 per share Increase reflects Board's view of the strength of the Company's performance and prospects  Hawaiian Electric Company (Hawaiian Electric2) delivered on key priorities:... More