HONOLULU, Nov. 1, 2018 /PRNewswire/ -- On
October 31, 2018, the Board of
Directors of Hawaiian Electric Industries, Inc. (HEI) (NYSE: HE)
maintained HEI's quarterly cash dividend of $0.31 cents per share, payable December 11, 2018, to shareholders of record at
the close of business on November 21, 2018 (ex-dividend date
of November 20, 2018). 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, 2018 of $37.30, HEI's dividend yield would be 3.3%.
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, F.S.B.'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 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; provides a wide array of
banking and other financial services to consumers and businesses
through American, one of Hawaii's
largest financial institutions; and helps advance Hawaii's clean energy and sustainability goals
through investments by its non-regulated subsidiary, Pacific
Current, LLC.
Contact:
|
Julie
Smolinski
|
Telephone: (808)
543-7300
|
|
Director, Investor
Relations
|
E-mail:
ir@hei.com
|
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SOURCE Hawaiian Electric Industries, Inc.