Hawaiian Electric Co., Inc. engages in the operations of overhead transmission lines, overhead distribution lines, underground cables, poles, and steel or aluminum high voltage transmission towers. The firm offers electric vehicles, business account services, customer renewable programs, and advanced meters. The company was founded in 1881 and is headquartered in Honolulu, HI.
Hawaiian Electric Dividend Announcement
• Hawaiian Electric announced a quarterly dividend of $0.24 per ordinary share which will be made payable on 2024-10-15. Ex dividend date: 2024-10-04
• Hawaiian Electric annual dividend for 2024 was $0.95
• Hawaiian Electric annual dividend for 2023 was $0.95
• Hawaiian Electric's trailing twelve-month (TTM) dividend yield is 6.44%
• Hawaiian Electric's payout ratio for the trailing twelve months (TTM) is -4.97%
• Hawaiian Electric's dividend growth over the last five years (2018-2023) was -0.04% year
• Hawaiian Electric's dividend growth over the last ten years (2013-2023) was -2.19% year
Hawaiian Electric Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-04 | $0.24 | quarterly | 2024-10-15 |
2024-07-05 | $0.24 | quarterly | 2024-07-15 |
2024-04-04 | $0.24 | quarterly | 2024-04-15 |
2024-01-04 | $0.24 | quarterly | 2024-01-15 |
2023-10-04 | $0.24 | quarterly | 2023-10-15 |
2023-07-03 | $0.24 | quarterly | 2023-07-15 |
2023-04-04 | $0.24 | quarterly | 2023-04-15 |
2023-01-04 | $0.24 | quarterly | 2023-01-15 |
2022-10-04 | $0.24 | quarterly | 2022-10-15 |
2022-07-01 | $0.24 | quarterly | 2022-07-15 |
2022-04-04 | $0.24 | quarterly | 2022-04-15 |
2022-01-04 | $0.24 | quarterly | 2022-01-15 |
2021-10-04 | $0.24 | quarterly | 2021-10-15 |
2021-07-01 | $0.24 | quarterly | 2021-07-15 |
2021-04-01 | $0.24 | quarterly | 2021-04-15 |
2021-01-04 | $0.24 | quarterly | 2021-01-15 |
2020-10-02 | $0.24 | quarterly | 2020-10-15 |
2020-07-01 | $0.24 | quarterly | 2020-07-15 |
2020-04-02 | $0.24 | quarterly | 2020-04-15 |
2020-01-02 | $0.24 | quarterly | 2020-01-15 |
2019-10-03 | $0.24 | quarterly | 2019-10-15 |
2019-07-03 | $0.24 | quarterly | 2019-07-15 |
2019-04-04 | $0.24 | quarterly | 2019-04-15 |
2019-01-03 | $0.24 | quarterly | 2019-01-15 |
2018-10-04 | $0.24 | quarterly | 2018-10-15 |
2018-07-03 | $0.24 | quarterly | 2018-07-15 |
2018-04-04 | $0.24 | quarterly | 2018-04-15 |
2018-01-04 | $0.24 | quarterly | 2018-01-15 |
2017-06-30 | $0.25 | quarterly | 2017-07-15 |
2017-04-03 | $0.24 | quarterly | 2017-04-15 |
2017-01-03 | $0.24 | quarterly | |
2016-10-03 | $0.24 | quarterly | |
2016-06-30 | $0.24 | quarterly | |
2016-04-01 | $0.24 | quarterly | |
2015-12-31 | $0.24 | quarterly | |
2015-10-01 | $0.24 | quarterly | |
2015-06-30 | $0.24 | quarterly | |
2015-03-31 | $0.24 | quarterly | |
2014-12-31 | $0.24 | quarterly | |
2014-10-01 | $0.24 | quarterly | |
2014-07-01 | $0.24 | quarterly | |
2014-04-02 | $0.24 | quarterly | |
2013-12-31 | $0.24 | quarterly | |
2013-10-02 | $0.24 | quarterly | |
2013-07-02 | $0.24 | quarterly | |
2013-04-03 | $0.24 | quarterly | |
2013-01-02 | $0.24 | quarterly |
Hawaiian Electric Dividend per year
Hawaiian Electric Dividend growth
Hawaiian Electric Dividend Yield
Hawaiian Electric current trailing twelve-month (TTM) dividend yield is 6.44%. Interested in purchasing Hawaiian Electric stock? Use our calculator to estimate your expected dividend yield:
Hawaiian Electric Financial Ratios
Hawaiian Electric Dividend FAQ
Other factors to consider when evaluating Hawaiian Electric as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Hawaiian Electric's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Hawaiian Electric publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Hawaiian Electric distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Hawaiian Electric are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Hawaiian Electric sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Hawaiian Electric distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hawaiian Electric declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Hawaiian Electric's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Hawaiian Electric's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.