HONOLULU, Feb. 11, 2014 /PRNewswire/ -- On
February 11, 2014, the board of
directors of Hawaiian Electric Industries, Inc. (NYSE-HE) (HEI)
maintained the regular quarterly cash dividend of 31 cents per share, payable March 12, 2014 to shareholders of record at the
close of business on February 25, 2014 (ex-dividend date
is February 21, 2014). The
dividend is equivalent to an annual rate of $1.24 per share.
Dividends have been paid continuously since 1901. At the
indicated annual dividend rate and the closing share price on
February 10, 2014 of $25.74, HEI's yield is 4.8%.
In addition, HEI's 31st annual meeting of
shareholders has been scheduled for Wednesday, May 7, 2014, at 9:30 a.m., in Room 805, American Savings Bank
Tower 8th Floor, 1001 Bishop Street, Honolulu, Hawaii. Shareholders of record
at the close of business on February 27,
2014, will be entitled to vote.
HEI and Hawaiian Electric Company, Inc. (Hawaiian Electric)
intend to continue to use HEI's website, www.hei.com, as a means of
disclosing additional information. Such disclosures will be
included on HEI's website in the Investor Relations section.
Accordingly, investors should routinely monitor such portions of
HEI's website, in addition to following HEI's, Hawaiian Electric's
and American Savings Bank's (American) press releases, HEI's and
Hawaiian Electric's Securities and Exchange Commission (SEC)
filings and HEI's public conference calls and webcasts. The
information on HEI's website is not incorporated by reference in
this document or in HEI's and Hawaiian Electric's SEC filings
unless, and except to the extent, specifically incorporated by
reference. Investors may also wish to refer to the Public
Utilities Commission of the State of
Hawaii (PUC) website at dms.puc.hawaii.gov/dms in order to
review documents filed with and issued by the PUC. No
information on the PUC website is incorporated by reference in this
document or in HEI's and Hawaiian Electric's SEC filings.
HEI supplies power to approximately 450,000 customers or 95% of
Hawaii's population through its
electric utilities, Hawaiian Electric Company, Inc., Hawaii
Electric Light Company, Inc. and Maui Electric Company, Limited and
provides a wide array of banking and other financial services to
consumers and businesses through American Savings Bank, one of
Hawaii's largest financial
institutions.
Contact:
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Shelee M.T.
Kimura
|
|
Manager, Investor
Relations &
|
Telephone: (808)
543-7384
|
|
Strategic
Planning
|
E-mail:
skimura@hei.com
|
(Logo:
http://photos.prnewswire.com/prnh/20110411/LA80136LOGO)
SOURCE Hawaiian Electric Industries, Inc.