Key Developments: Hawaiian Electric Industries Inc (HE)
27.98USD
21 May 2013
$0.20 (+0.72%)
$28.22
$27.78
$27.98
$27.65
340,164
462,315
$29.24
$23.65
Latest Key Developments (Source: Significant Developments)
Hawaiian Electric Industries Inc Declares Quarterly Cash Dividend
Hawaiian Electric Industries Inc announced that the board of directors maintained HEI's quarterly cash dividend of 31 cents per share, payable on June 12, 2013, to shareholders of record at the close of business on May 22, 2013 (ex-dividend date is May 20, 2013). The dividend is equivalent to an annual rate of $1.24 per share. Full Article
Hawaiian Electric Industries Inc Announces Pricing Of Common Stock Offering
Hawaiian Electric Industries Inc announced the pricing of a public offering of 6,100,000 shares of its common stock (without par value) at $26.75 per share in connection with the forward sale agreement described below. J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC are acting as joint book-running managers for the offering. In conjunction with this offering, the underwriters have been granted an option to purchase up to an additional 900,000 shares of HEI's common stock solely to cover over-allotments, if any. HEI intends to use any net proceeds that it receives upon settlement of the forward sale agreement described below or upon any issuance and sale to the underwriters of shares of its common stock in the offering to invest in HEI's utility subsidiaries (to finance their capital expenditures, to repay borrowings incurred to finance capital expenditures and for working capital), to repay HEI's short-term borrowings and for working capital and general corporate purposes. The offering is being made under HEI's existing shelf registration statement filed with the Securities and Exchange Commission, which became automatically effective on November 4, 2011. Full Article
Hawaiian Electric Industries Inc Announces Offering Of Common Stock
Hawaiian Electric Industries Inc announced that it plans to commence a registered underwritten public offering of up to 6,100,000 shares of its common stock (without par value), subject to market conditions, in connection with the forward sale agreement described below. J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC are acting as joint book-running managers for the offering. In conjunction with this offering, the underwriters will be granted an option to purchase up to an additional 900,000 shares of HEI's common stock solely to cover over-allotments, if any. HEI intends to use any net proceeds that it receives upon settlement of the forward sale agreement described below or upon any issuance and sale to the underwriters of shares of its common stock in the offering to invest in HEI's utility subsidiaries (to finance their capital expenditures, to repay borrowings incurred to finance capital expenditures and for working capital), to repay HEI's short-term borrowings and for working capital and general corporate purposes. Full Article
Hawaiian Electric Industries Inc Issues FY 2013 EPS Guidance-Conference Call
Hawaiian Electric Industries Inc announced that for fiscal 2013, it is initiating earnings guidance in the range of $1.58 to $1.68 per share. The range assumes an estimated EPS contribution from the utility of $1.23 to $1.29, and from the Bank of $0.54 to $0.57. Full Article
Hawaiian Electric Industries Inc Declares Quarterly Cash Dividend
Hawaiian Electric Industries Inc announced that it maintained the regular quarterly cash dividend of $0.31 per share, payable March 13, 2013, to shareholders of record at the close of business on February 21, 2013 (ex-dividend date is February 19, 2013). The dividend is equivalent to an annual rate of $1.24 per share. Full Article
Hawaiian Electric Industries Inc Announces Quarterly Cash Dividend
Hawaiian Electric Industries Inc announced that on November 7, 2012, the Board of Directors maintained HEI's quarterly cash dividend of 31 cents per share, payable on December 12, 2012, to shareholders of record at the close of business on November 19, 2012 (ex-dividend date is November 15, 2012). Full Article
Hawaiian Electric Industries, Inc. Reaffirms FY 2012 Earnings Guidance-Conference Call
Hawaiian Electric Industries, Inc. announced that for fiscal 2012, it continue to believe earnings to be 3% to 5% lower than fiscal 2011. The Company reported EPS of $1.44 in fiscal 2011. Full Article
Hawaiian Electric Industries, Inc. Declares Quarterly Cash Dividend
Hawaiian Electric Industries, Inc. announced that on August 2, 2012, the Board of directors maintained the Company's quarterly cash dividend of $0.31 per share, payable on September 12, 2012, to shareholders of record at the close of business on August 15, 2012 (ex-dividend date is August 13, 2012). The dividend is equivalent to an annual rate of $1.24 per share. Full Article
Hawaiian Electric Industries, Inc. Declares Quarterly Dividend
Hawaiian Electric Industries, Inc. announced that on May 8, 2012, the Board of Directors maintained HEI's quarterly cash dividend of $0.31 per share, payable on June 13, 2012, to shareholders of record at the close of business on May 21, 2012 (ex-dividend date is May 17, 2012). Full Article
Hawaiian Electric Industries, Inc. Declares Quarterly Dividend
Hawaiian Electric Industries, Inc. announced that on February 7, 2012, the Board OF Directors of the Company maintained the regular quarterly cash dividend of $0.31 per share, payable on March 13, 2012, to shareholders of record at the close of business on February 21, 2012 (ex-dividend date is February 16, 2012). The dividend is equivalent to an annual rate of $1.24 per share. Full Article
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