Hawaiian Electric Industries's latest quarterly dividend was on Nov 21, 2022 (ex-date) with a payout of $0.35 per share. At an annualized rate of $1.4 per share, the stock yields 3.36%.
HE has a dividend yield of 3.36% which is higher than the Utilities sector average but lower than the industry and its peers average. If we compare it with the Utilities sector average of 3.07%, Hawaiian Electric Industries's dividend yield is 9% higher. The historical 5-year average of HE's dividend yield is 3.3%, which is in line with the current one.
Hawaiian Electric Industries has been paying dividends since 2000. HE has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 2.9% since twelve months ago. And with the price of the stock down by 0.5% from a year ago, the dividend yield has increased by 3.4%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Nov 21, 2022 | Dec 9, 2022 | Nov 3, 2022 | $0.35 | normal |
| Aug 17, 2022 | Sep 9, 2022 | Aug 4, 2022 | $0.35 | normal |
| May 19, 2022 | Jun 10, 2022 | May 5, 2022 | $0.35 | normal |
| Feb 23, 2022 | Mar 10, 2022 | Feb 11, 2022 | $0.35 | normal |
| Nov 22, 2021 | Dec 10, 2021 | Nov 4, 2021 | $0.34 | normal |
| Aug 18, 2021 | Sep 10, 2021 | Aug 6, 2021 | $0.34 | normal |
| May 19, 2021 | Jun 10, 2021 | May 6, 2021 | $0.34 | normal |
| Feb 24, 2021 | Mar 10, 2021 | Feb 9, 2021 | $0.34 | normal |
| Nov 19, 2020 | Dec 10, 2020 | Nov 3, 2020 | $0.33 | normal |
| Aug 20, 2020 | Sep 10, 2020 | Aug 5, 2020 | $0.33 | normal |
| May 21, 2020 | Jun 10, 2020 | May 5, 2020 | $0.33 | normal |
| Feb 25, 2020 | Mar 10, 2020 | Feb 11, 2020 | $0.33 | normal |
| Nov 21, 2019 | Dec 10, 2019 | Oct 31, 2019 | $0.32 | normal |
| Aug 21, 2019 | Sep 10, 2019 | Jul 31, 2019 | $0.32 | normal |
| May 22, 2019 | Jun 12, 2019 | May 6, 2019 | $0.32 | normal |
| Feb 25, 2019 | Mar 13, 2019 | Feb 14, 2019 | $0.32 | normal |
| Nov 20, 2018 | Dec 11, 2018 | Oct 31, 2018 | $0.31 | normal |
| Aug 20, 2018 | Sep 10, 2018 | Aug 1, 2018 | $0.31 | normal |
| May 22, 2018 | Jun 12, 2018 | May 9, 2018 | $0.31 | normal |
| Feb 21, 2018 | Mar 13, 2018 | Feb 1, 2018 | $0.31 | normal |
| Nov 21, 2017 | Dec 12, 2017 | Oct 31, 2017 | $0.31 | normal |
| Aug 21, 2017 | Sep 12, 2017 | Aug 1, 2017 | $0.31 | normal |
| May 22, 2017 | Jun 12, 2017 | May 4, 2017 | $0.31 | normal |
| Feb 22, 2017 | Mar 10, 2017 | Feb 13, 2017 | $0.31 | normal |
| Nov 18, 2016 | Dec 13, 2016 | Nov 2, 2016 | $0.31 | normal |
| Aug 22, 2016 | Sep 12, 2016 | Aug 3, 2016 | $0.31 | normal |
| May 26, 2016 | Jun 15, 2016 | May 3, 2016 | $0.31 | normal |
| Feb 18, 2016 | Mar 10, 2016 | Feb 10, 2016 | $0.31 | normal |
HE has a payout ratio of 64.2% which is lower than the Utilities sector, the industry and its peers average. But if we consider the Utilities sector average of 65%, Hawaiian Electric Industries's payout ratio is only 1.2% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| AVA Avista Corp | 4.4% | $1.76 | 97.8% |
| EIX Edison International | 4.13% | $2.84 | 149.4% |
| POR Portland General Electric Co | 3.79% | $1.79 | 64.5% |
| HE Hawaiian Electric Industries Inc | 3.36% | $1.4 | 64.2% |
| IDA Idacorp Inc | 2.89% | $3.04 | 61.8% |
| XEL Xcel Energy Inc | 2.85% | $1.95 | 63.6% |
| PNM Pnm Resources Inc | 2.82% | $1.39 | 72.1% |
| AES Aes Corp | 2.34% | $0.63 | N/A |
Yes, Hawaiian Electric Industries has paid four dividends in the last twelve months. HE has been paying dividends since 2000.
HE hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in February 2023.
Hawaiian Electric Industries's last regular dividend was on Nov 21, 2022 (ex-date) with the amount of $0.35 per share.
HE has paid dividend of $1.4 per share in the last year.
The current dividend yield of Hawaiian Electric Industries is 3.36%.
Hawaiian Electric Industries has a quarterly dividend frequency.
The dividend payout ratio of Hawaiian Electric Industries is 64.2%.
Hawaiian Electric Industries's dividend yield is more than the Utilities sector average.