HAWAIIAN ELEC INDUSTRIES
SymbolHE

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

Hawaiian Electric Industries, Inc. Maintains Dividend

2009-11-02 05:15 ET - News Release


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 December 10, 2009, to shareholders of record at the close of business on November 16, 2009, (ex-dividend date is November 12, 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 October 30, 2009, of $17.85, HEI’s yield is 7%.

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.

The remainder is available to Stockwatch subscribers.
If you would like to give the Stockwatch system a try, click here for a free 30 day trial subscription.