Hawaiian Electric Industries, Inc. Maintains Dividend; Sets Annual Meeting
HONOLULU, Feb. 11, 2014
HONOLULU, Feb. 11, 2014 /PRNewswire/ --On February 11, 2014, 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 12, 2014
to shareholders of record at the close of business on February25,2014
(ex-dividend date is February 21, 2014). 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 10, 2014 of $25.74,
HEI's yield is 4.8%.
In addition, HEI's 31^st annual meeting of shareholders has been scheduled for
Wednesday, May 7, 2014, 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 27, 2014, will be entitled to vote.
HEI and Hawaiian Electric Company, Inc. (Hawaiian Electric) intend to continue
to use HEI's 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 HEI's, Hawaiian
Electric's and American Savings Bank's (American) press releases, HEI's and
Hawaiian Electric'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 Hawaiian Electric'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/dms in
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
Hawaiian Electric's SEC filings.
HEI supplies power to approximately 450,000 customers or 95% of Hawaii's
population through its electric utilities, Hawaiian Electric Company, Inc.,
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 Savings Bank, one of Hawaii's largest financial
Contact: Shelee M.T. Kimura
Manager, Investor Relations & Telephone: (808) 543-7384
Strategic Planning E-mail: firstname.lastname@example.org
SOURCE Hawaiian Electric Industries, Inc.
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