Hawaiian Electric Industries, Inc.
HEHawaiian Electric Industries, Inc. (HE) is a proud provider of electricity and related services to the Hawaiian Islands. Founded in 1891, it operates through its main subsidiary, Hawaiian Electric Company, serving residential, commercial, and industrial customers across Oahu, Maui, and Hawaii islands. The company focuses on reliable energy delivery, integrating renewable energy sources, and advancing sustainable power solutions tailored to Hawaii's unique environment.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| September 8, 2023 | $0.36 | 2023-08-17 | 2023-08-18 |
| June 9, 2023 | $0.36 | 2023-05-18 | 2023-05-19 |
| March 10, 2023 | $0.36 | 2023-02-22 | 2023-02-23 |
| December 9, 2022 | $0.35 | 2022-11-21 | 2022-11-22 |
| September 9, 2022 | $0.35 | 2022-08-17 | 2022-08-18 |
Dividends Summary
- Consistent Payer: Hawaiian Electric Industries, Inc. has rewarded shareholders with 78 dividend payments over the past 19 years.
- Total Returned Value: Investors who held HE shares during this period received a total of $25.04 per share in dividend income.
- Latest Payout: The most recent dividend of $0.36/share was paid 1044 days ago, on September 8, 2023.
- Yield & Schedule: HE currently pays dividends quarterly with an annual yield of 10.63%.
- Dividend Growth: Since 2004, the dividend payout has decreased by 41.9%, from $0.62 to $0.36.
- Dividend Reliability: HE has maintained or increased its dividend for 77 consecutive payments.
Company News
12 West Capital Management LP established a new position in Hawaiian Electric Industries, acquiring 1.85 million shares valued at approximately $22.75 million in Q4 2025. The investment represents 2.71% of the fund's assets under management. Hawaiian Electric has gained 29.9% over the past year, driven by increased electricity demand from AI data...
Hawaiian Electric Industries stock rose 10% after being added to the S&P SmallCap 600 Index as part of a quarterly rebalancing, which typically attracts index fund investors.
Hawaiian Electric entered into a $250 million Equity Distribution Agreement to issue common shares through various agents. The company also reached a settlement agreement for Maui windstorm and wildfires litigation and extended a Petroleum Fuels Supply Agreement.
U.S. stocks traded lower midway through trading, with the Dow Jones index falling more than 300 points. Schlumberger reported better-than-expected second-quarter results, with revenue and adjusted EPS beating consensus estimates.
Hawaiian Electric Industries shares are surging after the company reportedly agreed to a $1.5 billion settlement plan over the Maui wildfires. The proposed settlement also includes Charter Communications and state/local governments, though it is not yet finalized.
