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Hawaiian Elec Industries - HE STOCK NEWS

Welcome to our dedicated page for Hawaiian Elec Industries news (Ticker: HE), a resource for investors and traders seeking the latest updates and insights on Hawaiian Elec Industries stock.

Hawaiian Electric Industries, Inc. (HE) serves as Hawaii's primary energy provider, delivering regulated electricity services to 95% of the state's population through its utility subsidiaries. This dedicated news hub consolidates all material developments affecting the company's operations and financial position.

Investors and stakeholders will find authoritative coverage of earnings announcements, regulatory filings, infrastructure investments, and sustainability initiatives. The curated selection includes press releases on rate adjustments, grid modernization projects, and strategic partnerships that shape Hawaii's energy future.

Key updates span operational milestones, regulatory compliance achievements, and financial performance metrics. Content is rigorously verified to ensure alignment with SEC disclosure standards and industry reporting best practices.

Bookmark this page for streamlined access to HE's latest corporate developments, executive commentary, and market-moving announcements. Cross-reference updates with regulatory documents through provided source links for complete due diligence.

News
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Hawaiian Electric Industries (HEI) reported a net income of $54.6 million and diluted EPS of $0.50 for Q2 2023. The utility grew net income to $45.3 million and the bank, American Savings Bank (ASB), delivered solid results with net income of $20.2 million. HEI's utility is executing well on its capital plan and ASB's credit quality remains strong. HEI declared a quarterly cash dividend of $0.36 per share.
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Hawaiian Electric Industries, Inc. (HEI) has declared a quarterly cash dividend of $0.36 per share, payable on September 8, 2023. The dividend is equivalent to an annual rate of $1.44 per share. HEI's dividend yield is 3.8% based on the closing share price on August 3, 2023.
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American Savings Bank, F.S.B. (ASB), a subsidiary of Hawaiian Electric Industries, Inc., reported a net income of $20.2 million for the second quarter of 2023, compared to $18.6 million in the previous quarter. The company's credit quality remains strong, with a solid capital position and ample liquidity. Net interest income was $63.2 million, and noninterest income was $15.6 million. Total loans increased by 2.7% to $6.1 billion, while total deposits slightly decreased to $8.2 billion. ASB paid dividends of $11.0 million to HEI.
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Hawaiian Electric Industries, Inc. (HEI) will announce its second quarter 2023 financial results on August 7. American Savings Bank, F.S.B. (ASB), a subsidiary of HEI, will announce its results on July 28. HEI will conduct a webcast and conference call on August 7 to discuss earnings and regulatory matters.
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Alexander & Baldwin, Inc. (A&B) has appointed Shelee Kimura to serve on its Board of Directors, effective July 1, 2023. Kimura is the president and CEO of Hawaiian Electric Company, Inc. She brings exceptional leadership experience and a commitment to Hawai'i. Michele Saito, a director since 2012, is leaving the Board to focus on family and community. Lance Parker, the incoming CEO, has also been appointed as a director.
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Hawaiian Electric Industries, Inc. (HEI) declares a quarterly cash dividend of $0.36 per share, payable on June 9, 2023. Dividend yield is 3.7% based on the closing share price on May 4, 2023.
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Hawaiian Electric Industries, Inc. (HEI) is set to announce its first quarter 2023 financial results on May 9, 2023. The company will hold a conference call at 10:15 a.m. Hawaii time to discuss consolidated earnings and 2023 guidance. American Savings Bank, a subsidiary of HEI, will report its results on April 28, 2023. Investors can access the call through a dial-in number or by visiting HEI's website. The replay of the call will be available online for an extended period after the event. HEI, along with Hawaiian Electric, aims to keep investors informed via its website and SEC filings. The company plays a crucial role in Hawaii's economy, providing energy and financial services while focusing on sustainable initiatives.

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Hawaiian Elec Industries

NYSE:HE

HE Rankings

HE Stock Data

1.80B
172.20M
0.2%
72.78%
8.98%
Utilities - Regulated Electric
Electric Services
Link
United States
HONOLULU