Published: August 06, 2009
Hawaiian Electric Industries, Inc. Maintains Dividend
HONOLULU - (BUSINESS WIRE) - The board of directors of Hawaiian Electric Industries, Inc. (NYSE:HE)
today maintained the regular quarterly cash dividend of 31 cents per
share, payable September 10, 2009, to shareholders of record at the
close of business on August 24, 2009, (ex-dividend date is August 20,
2009). 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 August 6, 2009, of
$17.92, HEI's yield is 6.9%.
HEI supplies power to over 400,000 customers or 95% of the Hawaii market
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, F.S.B., one of
Hawaii's largest financial institutions.
Hawaiian Electric
Suzy P. Hollinger, 808-543-7385
Manager,
Treasury & Investor Relations
808-203-1155 (Facsimile)
shollinger@hei.com
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