Hawaiian Electric Industries (HE) Raises Quarterly Dividend 2.9% to $0.35; 3.4% Yield

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Go back to Hawaiian Electric Industries (HE) Raises Quarterly Dividend 2.9% to $0.35; 3.4% Yield

HEI INCREASES QUARTERLY DIVIDEND TO $0.35 PER SHARE

February 11, 2022 7:00 PM EST

HONOLULU, Feb. 11, 2022 /PRNewswire/ -- On February 11, 2022, the Board of Directors of Hawaiian Electric Industries, Inc. (HEI) (NYSE: HE) increased HEI's quarterly cash dividend from $0.34 to $0.35 per share, payable March 10, 2022, to shareholders of record at the close of business on February 24, 2022 (ex-dividend date of February 23, 2022). The dividend is equivalent to an annual rate of $1.40 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 11, 2022 of $41.29, HEI's dividend yield is 3.4%.

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