Hawaiian Electric Industries (HE) Raises Quarterly Dividend 3% to $0.34; 4% Yield

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HEI Increases Quarterly Dividend To $0.34 Per Share

February 9, 2021 5:30 PM EST

HONOLULU, Feb. 9, 2021 /PRNewswire/ -- On February 9, 2021, the Board of Directors of Hawaiian Electric Industries, Inc. (HEI) (NYSE: HE) increased HEI's quarterly cash dividend from $0.33 to $0.34 per share, payable March 10, 2021, to shareholders of record at the close of business on February 25, 2021 (ex-dividend date of February 24, 2021). The dividend would be equivalent to an annual rate of $1.36 per share.

Dividends have been paid on an uninterrupted basis since 1901. At the indicated annual dividend rate and based on the closing share price on February 9, 2021 of $33.98, HEI's... More