HONOLULU, Feb. 11, 2022 /PRNewswire/ -- On February 11, 2022, the Board of Directors of
Hawaiian Electric Industries, Inc. (HEI) (NYSE: HE)
increased HEI's quarterly cash dividend from $0.34 to $0.35 per
share, payable March 10, 2022, to
shareholders of record at the close of business on February
24, 2022 (ex-dividend date of February
23, 2022). The dividend is equivalent to an annual rate of
$1.40 per share.
Dividends have been paid on an uninterrupted basis since 1901.
At the indicated annual dividend rate and based on the closing
share price on February 11,
2022 of $41.29, HEI's dividend
yield is 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 in the Investor Relations section of the website.
Accordingly, investors should routinely monitor the Investor
Relations section 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.
Investors may sign up to receive e-mail alerts via the Investor
Relations section of the website. The information on HEI's
website is not incorporated by reference into this document or into
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 to review documents filed
with, and issued by, the PUC. No information on the PUC website is
incorporated by reference into this document or into HEI's and
Hawaiian Electric's SEC filings.
About HEI
The HEI family of companies provides the energy and financial
services that empower much of the economic and community activity
of Hawaii. HEI's electric utility,
Hawaiian Electric, supplies power to approximately 95% of
Hawaii's population and is
undertaking an ambitious effort to decarbonize its operations and
the broader state economy. Its banking subsidiary, American Savings
Bank, is one of Hawaii's largest
financial institutions, providing a wide array of banking and other
financial services and working to advance economic growth,
affordability and financial fitness. HEI also helps advance
Hawaii's sustainability goals
through investments by its non-regulated subsidiary, Pacific
Current. For more information, visit www.hei.com.
Contact: Julie Smolinski
Telephone: (808) 543-7300
Vice President, Investor Relations & Corporate
Sustainability
E-mail: ir@hei.com
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SOURCE Hawaiian Electric Industries, Inc.