HONOLULU, Nov. 2, 2016 /PRNewswire/ -- On November 2, 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 December 13,
2016, to shareholders of record at the close of business on
November 22, 2016 (ex-dividend date is November 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 on
November 2, 2016 of $28.57, HEI's yield is 4.3%.
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
|
E-mail:
ir@hei.com
|
|
& Strategic
Planning
|
|
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SOURCE Hawaiian Electric Industries, Inc.