Updated at 11:27 a.m., Thursday, February 15, 2007
Hawaiian Electric maintains 31-cent dividend
Advertiser Staff
Hawaiian Electric Industries Inc. said today the company will maintain its regular quarterly cash dividend of 31 cents per share, payable March 13 to stockholders of record at the close of business on Feb. 26.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 Feb. 14, of $27.26, HEI's yield is 4.5 percent. In addition, HEI's 24th annual meeting of stockholders has been scheduled for 9:30 a.m. April 24 in Room 805, American Savings Bank Tower 8th Floor, 1001 Bishop St., Honolului. Stockholders of record at the close of business on Feb. 26 will be entitled to vote.
