Hawaiian Electric Industries, Inc., together with its subsidiaries, engages in the electric utility, banking, and renewable/sustainable infrastructure investment businesses in the state of Hawaii. It operates in three segments: Electric Utility, Bank, and Other. The Electric Utility segment engages in the production, purchase, transmission, distribution, and sale of electricity in the islands of Oahu, Hawaii, Maui, Lanai, and Molokai. Its renewable energy sources and potential sources include wind, solar, photovoltaic, geothermal, wave, hydroelectric, municipal waste, and other biofuels. This segment serves suburban communities, resorts, the United States armed forces installations, and agricultural operations. The Bank segment operates a community bank that offers banking and other financial services to consumers and businesses, including savings and checking accounts; and loans comprising residential and commercial real estate, residential mortgage, construction and development, multifamily residential and commercial real estate, consumer, and commercial loans. This segment operates 42 branches, including 29 branches in Oahu, 6 branches in Maui, 4 branches in Hawaii, 2 branches in Kauai, and 1 branch in Molokai. The Other segment invests in non-regulated renewable energy and sustainable infrastructure in the State of Hawaii. Hawaiian Electric Industries Inc. was incorporated in 1891 and is headquartered in Honolulu, Hawaii.
Hawaiian Electric Industries Dividend Announcement
• Hawaiian Electric Industries announced a quarterly dividend of $0.36 per ordinary share which will be made payable on 2023-09-08. Ex dividend date: 2023-08-17
• Hawaiian Electric Industries annual dividend for 2023 was $1.08
• Hawaiian Electric Industries's trailing twelve-month (TTM) dividend yield is -%
• Hawaiian Electric Industries's payout ratio for the trailing twelve months (TTM) is -3.10%
• Hawaiian Electric Industries's dividend growth over the last five years (2018-2023) was -2.73% year
• Hawaiian Electric Industries's dividend growth over the last ten years (2013-2023) was -1.37% year
Hawaiian Electric Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-08-17 | $0.36 | quarterly | 2023-09-08 |
2023-05-18 | $0.36 | quarterly | 2023-06-09 |
2023-02-22 | $0.36 | quarterly | 2023-03-10 |
2022-11-21 | $0.35 | quarterly | 2022-12-09 |
2022-08-17 | $0.35 | quarterly | 2022-09-09 |
2022-05-19 | $0.35 | quarterly | 2022-06-10 |
2022-02-23 | $0.35 | quarterly | 2022-03-10 |
2021-11-22 | $0.34 | quarterly | 2021-12-10 |
2021-08-18 | $0.34 | quarterly | 2021-09-10 |
2021-05-19 | $0.34 | quarterly | 2021-06-10 |
2021-02-24 | $0.34 | quarterly | 2021-03-10 |
2020-11-19 | $0.33 | quarterly | 2020-12-10 |
2020-08-20 | $0.33 | quarterly | 2020-09-10 |
2020-05-21 | $0.33 | quarterly | 2020-06-10 |
2020-02-25 | $0.33 | quarterly | 2020-03-10 |
2019-11-21 | $0.32 | quarterly | 2019-12-10 |
2019-08-21 | $0.32 | quarterly | 2019-09-10 |
2019-05-22 | $0.32 | quarterly | 2019-06-12 |
2019-02-25 | $0.32 | quarterly | 2019-03-13 |
2018-11-20 | $0.31 | quarterly | 2018-12-11 |
2018-08-20 | $0.31 | quarterly | 2018-09-10 |
2018-05-22 | $0.31 | quarterly | 2018-06-12 |
2018-02-21 | $0.31 | quarterly | 2018-03-13 |
2017-11-21 | $0.31 | quarterly | 2017-12-12 |
2017-08-21 | $0.31 | quarterly | 2017-09-12 |
2017-05-22 | $0.31 | quarterly | 2017-06-12 |
2017-02-22 | $0.31 | quarterly | 2017-03-10 |
2016-11-18 | $0.31 | quarterly | 2016-12-13 |
2016-08-22 | $0.31 | quarterly | 2016-09-12 |
2016-05-26 | $0.31 | quarterly | 2016-06-15 |
2016-02-18 | $0.31 | quarterly | 2016-03-10 |
2015-11-19 | $0.31 | quarterly | 2015-12-10 |
2015-08-20 | $0.31 | quarterly | 2015-09-10 |
2015-05-20 | $0.31 | quarterly | 2015-06-10 |
2015-02-20 | $0.31 | quarterly | 2015-03-10 |
2014-11-19 | $0.31 | quarterly | 2014-12-10 |
2014-08-20 | $0.31 | quarterly | 2014-09-10 |
2014-05-20 | $0.31 | quarterly | 2014-06-10 |
2014-02-21 | $0.31 | quarterly | 2014-03-12 |
2013-11-18 | $0.31 | quarterly | 2013-12-11 |
2013-08-19 | $0.31 | quarterly | 2013-09-11 |
2013-05-20 | $0.31 | quarterly | 2013-06-12 |
2013-02-19 | $0.31 | quarterly | 2013-03-13 |
2012-11-15 | $0.31 | quarterly | 2012-12-12 |
2012-08-13 | $0.31 | quarterly | 2012-09-12 |
2012-05-17 | $0.31 | quarterly | 2012-06-13 |
2012-02-16 | $0.31 | quarterly | 2012-03-13 |
Hawaiian Electric Industries Dividend per year
Hawaiian Electric Industries Dividend growth
Hawaiian Electric Industries Dividend Yield
Hawaiian Electric Industries current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Hawaiian Electric Industries stock? Use our calculator to estimate your expected dividend yield:
Hawaiian Electric Industries Financial Ratios
Hawaiian Electric Industries Dividend FAQ
Other factors to consider when evaluating Hawaiian Electric Industries 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 Industries'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 Industries 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 Industries 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 Industries 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 Industries 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 Industries 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 Industries 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 Industries'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 Industries'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.