Hawaiian Electric Industries (HE) Raises Quarterly Dividend 3.1% to $0.33; 2.7% Yield

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HEI Increases Quarterly Dividend To $0.33 Per Share

February 12, 2020 6:00 AM EST

HONOLULU, Feb. 12, 2020 /PRNewswire/ -- On February 11, 2020, the Board of Directors of Hawaiian Electric Industries, Inc. (HEI) (NYSE: HE) increased HEI's quarterly cash dividend from $0.32 to $0.33 per share, payable on March 10, 2020, to shareholders of record at the close of business on February 26, 2020 (ex-dividend date is February 25, 2020). The revised quarterly dividend amount would be equivalent to an annual rate of $1.32 per share.

Dividends have been paid uninterrupted since 1901. At the indicated annual dividend rate and based on the closing share price... More