HONOLULU, Feb. 10, 2016 /PRNewswire/ -- On
February 9, 2016, 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 10, 2016,
to shareholders of record at the close of business on
February 22, 2016 (ex-dividend date is February 18, 2016). 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 of
$29.68 on February 9, 2016, HEI's yield is 4.2%.
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 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 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:
|
Clifford H.
Chen
|
Telephone:
(808) 543-7300
|
|
Manager, Investor
Relations & Strategic Planning
|
E-mail:
ir@hei.com
|
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SOURCE Hawaiian Electric Industries, Inc.