Hawaiian Electric Industries, Inc. Maintains Dividend; Sets Annual Meeting

  Hawaiian Electric Industries, Inc. Maintains Dividend; Sets Annual Meeting

PR Newswire

HONOLULU, Feb. 7, 2013

HONOLULU, Feb. 7, 2013 /PRNewswire/ -- On February 6, 2013, the board of
directors of Hawaiian Electric Industries, Inc. (NYSE-HE) (HEI) maintained the
regular quarterly cash dividend of 31 cents per share, payable March 13, 2013,
to shareholders of record at the close of business on February21,2013
(ex-dividend date is February 19, 2013). 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 February 6, 2013 of $27.08, HEI's
yield is 4.6%.

In addition, HEI's 30^th annual meeting of shareholders has been scheduled for
Wednesday, May 8, 2013, at 9:30 a.m., in Room 805, American Savings Bank Tower
8^th Floor, 1001 Bishop Street, Honolulu, Hawaii. Shareholders of record at
the close of business on February 28, 2013, will be entitled to vote.

HEI intends to continue to use its website, www.hei.com, as a means of
disclosing additional information. Such disclosures will be included on HEI's
website in the Investor Relations section. Accordingly, investors should
routinely monitor such portions of HEI's website, in addition to following the
HEI, Hawaiian Electric Company, Inc. (HECO) and American Savings Bank, F.S.B.
(American) press releases, HEI's and HECO's Securities and Exchange Commission
(SEC) filings and HEI's public conference calls and webcasts. The information
on HEI's website is not incorporated by reference in this document or in HEI's
and HECO's SEC filings unless, and except to the extent, specifically
incorporated by reference. Investors may also wish to refer to the Public
Utilities Commission of the State of Hawaii (PUC) website at
dms.puc.hawaii.gov/dmsin order to review documents filed with and issued by
the PUC. No information on the PUC website is incorporated by reference in
this document or in HEI's and HECO's SEC filings.

HEI supplies power to approximately 450,000 customers or 95% of Hawaii's
population through its electric utilities, HECO, 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, one of Hawaii's largest financial institutions.

Contact: Shelee M.T. Kimura
          Manager, Investor Relations & Telephone: (808) 543-7384
          Strategic Planning          E-mail: skimura@hei.com

(Logo: http://photos.prnewswire.com/prnh/20110411/LA80136LOGO)

SOURCE Hawaiian Electric Industries, Inc.

Website: http://www.hei.com
 
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