STOCK DIVIDEND AND STOCK SPLIT
The most common method for companies to distribute wealth among shareholders is to pay dividends in the form of cash or stock. When a company has a low level of liquid cash on hand, stock dividends are typically issued in lieu of cash dividends. It is the board of directors that decides whether a dividend should be declared and in what form it should be distributed. Dividend yield is also a financial ratio that shows how much a company pays out in dividends on its shares each year, which is something investors look for in a stock.
Dividend Rate
Trailing Annual Dividend Rate
$1.43
Forward Annual Dividend Rate
$1.44
Yield
Trailing Annual Dividend Yield
10.75%
Forward Annual Dividend Yield
N/A
Dividend Date
Dividend Date
Sep 08, 2023
Ex-dividend Date
Aug 17, 2023
3.86 %
8.28
Dividend History
| Announced | Amount | Ex-Dividend Date | Record Date | Payment Date |
|---|---|---|---|---|
| Aug 03, 2023 | 0.36 | Aug 17, 2023 | Aug 18, 2023 | Sep 08, 2023 |
| May 04, 2023 | 0.36 | May 18, 2023 | May 19, 2023 | Jun 09, 2023 |
| Feb 10, 2023 | 0.36 | Feb 22, 2023 | Feb 23, 2023 | Mar 10, 2023 |
| Nov 03, 2022 | 0.35 | Nov 21, 2022 | Nov 22, 2022 | Dec 09, 2022 |
| Aug 04, 2022 | 0.35 | Aug 17, 2022 | Aug 18, 2022 | Sep 09, 2022 |
| May 05, 2022 | 0.35 | May 19, 2022 | May 20, 2022 | Jun 10, 2022 |
| Feb 11, 2022 | 0.35 | Feb 23, 2022 | Feb 24, 2022 | Mar 10, 2022 |
| Nov 04, 2021 | 0.34 | Nov 22, 2021 | Nov 23, 2021 | Dec 10, 2021 |
| Aug 06, 2021 | 0.34 | Aug 18, 2021 | Aug 19, 2021 | Sep 10, 2021 |
| May 06, 2021 | 0.34 | May 19, 2021 | May 20, 2021 | Jun 10, 2021 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Jun 14, 2004 | 2:1 | 0 | +0.32% |
| May 24, 1984 | 2:1 | 0 | +0.75% |
Frequently Asked Questions
Is Hawaiian Electric Industries, Inc. (HE) a dividend paying company?
In a company, dividends are a portion of profits paid out to shareholders - investors getting a little bit back on their investment. In particular, dividends benefit investors, especially income-seeking investors, because they provide mutual benefits both to companies and investors. Dividends are a strong indicator for a company's ability to produce profits consistently and reflect favorably on its management. Hawaiian Electric Industries, Inc. is also among the companies that regularly pay dividends.
What is HE's dividend yield?
Many factors affect dividend yields, including global market conditions, interest rates, and the financial status of an individual company.However, the average dividend yield for a good company is between 2% and 6%. HE's annual dividend yield for the trailing 12 months is 10.75.
When did HE last pay a dividend?
HE last paid dividends on 2023-09-08, with the ex-dividend date being 2023-08-17.
When was the last time HE stock split?
HE stock split took place on 14-06-2004.
How did HE's stock split work?
Its last split took place on Jun 14, 2004, when Hawaiian Electric Industries, Inc. went through a 2:1 split leaving the shareholder with 2 share(s) who previously owned 1 HE share(s).