HONOLULU, Nov. 1, 2017 /PRNewswire/ -- On October 31, 2017, the Board of Directors of
Hawaiian Electric Industries, Inc. (HEI) (NYSE: HE) maintained the
regular quarterly cash dividend of 31
cents per share, payable December 12,
2017, to shareholders of record at the close of business on
November 22, 2017 (ex-dividend date of November 21, 2017). The dividend would be
equivalent to an annual rate of $1.24
per share.
Dividends have been paid continuously since 1901. At the
indicated annual dividend rate and based on the closing share price
on October 31, 2017 of $36.46, HEI's dividend yield would be 3.4%.
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, F.S.B.'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 only 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, 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, F.S.B., one of Hawaii's largest financial institutions.
Contact:
|
Clifford H.
Chen
|
Telephone: (808)
543-7300
|
|
Treasurer &
Manager, Investor Relations & Strategic Planning
|
E-mail:
ir@hei.com
|
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SOURCE Hawaiian Electric Industries, Inc.