Trailing Dividend / Share
$0.01
Hawaiian Electric Industries, Inc. (HE) Dividend History
Income profile from 1985 to 2025 with payout safety and yield-on-cost trend
Dividend Yield
0.1%
Payout Ratio
N/A
Unknown
Dividend Streak
5 years
HE Dividend Income Check
Safety
Payout ratio data not available yet.
Consistency
5 straight years of dividend increases.
Income Trend
Yield on cost trend needs more history.
HE Dividend Scorecard
Yield & Income
Dividend Yield0.1%
Trailing DPS$0.01
FrequencyQuarterly
Payments / 12M0
Payout Safety
Earnings PayoutN/A
Earnings SafetyUnknown
FCF Payout4.3%
FCF SafetyWell Covered
Piotroski F-Score6/9
Growth
Growth Streak5 years
3Y CAGR2.9%
5Y CAGR3.0%
Yield on Cost (5Y)N/A
YOC Trendunknown
Total Returns
Buyback Yield1.6%
Total Shareholder Yield1.7%
1Y Total Return25.9%
5Y Total Return-61.4%
Div Contribution (5Y)7.5%
Estimated $10K growth (return + dividends):
5Y ago$3,85810Y ago$6,65720Y ago$13,025
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
HE Income Growth Story
Dividend per share and yield on cost over time (39 years of payments)
HE Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
Hawaiian Electric Industries, Inc. has limited earnings payout data (Unknown). When measured against free cash flow—a stricter test—the payout ratio stands at 4.3%, rated "Well Covered".
Piotroski F-Score: 6/9 — moderate financial health.
Growth Track Record
HE has raised its dividend for 5 consecutive years, with a 3-year CAGR of 2.9% and 5-year CAGR of 3.0%.
Total Shareholder Returns
Beyond cash dividends, HE returns capital through share repurchases. The combined picture: 0.1% dividend yield, 1.6% buyback yield, 1.7% total shareholder yield.
Income Trend & Total Return
The 5-year total return is -61.4%, with dividends contributing 7.5% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $6,657 today.
HE Recent Dividend Payments
Last 20 payments · Quarterly
TTM Total$6.75
Avg/Payment$0.3375
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Aug 17, 2023Latest | $0.3600 | — | 11.89% | Sep 8, 2023 |
| May 18, 2023 | $0.3600 | — | 3.95% | Jun 9, 2023 |
| Feb 22, 2023 | $0.3600 | ↑ +2.9% | 3.42% | Mar 10, 2023 |
| Nov 21, 2022 | $0.3500 | — | 3.53% | Dec 9, 2022 |
| Aug 17, 2022 | $0.3500 | — | 3.21% | Sep 9, 2022 |
| May 19, 2022 | $0.3500 | — | 3.28% | Jun 10, 2022 |
| Feb 23, 2022 | $0.3500 | ↑ +2.9% | 3.41% | Mar 10, 2022 |
| Nov 22, 2021 | $0.3400 | — | 3.40% | Dec 10, 2021 |
HE Dividend vs Peers
Comparable companies in the same industry
#9 yield in peer group
Div Yield
0.1%
#9 of 9
Safety
Unknown
— payout
Streak
5Y
3.0% 5Y CAGR
Total Shareholder
1.7%
#9 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| HEHawaiian Electric In… | $2.2B | 0.1% | — | 5 | Unknown |
 OTTROtter Tail Corporati… | $3.7B | 2.4% | 31.9% | 12 | Sustainable |
1st  AVAAvista Corporation | $3.3B | 4.9% | 82.4% | 23 | Watch |
3rd  NWENorthwestern Energy … | $4.3B | 3.8% | 89.1% | 18 | At Risk |
 MGEEMGE Energy, Inc. | $2.8B | 2.4% | 49.7% | 39 | Sustainable |
 EDConsolidated Edison,… | $39.2B | 3.1% | 57.6% | 51 | Sustainable |
 WECWEC Energy Group, In… | $36.5B | 3.1% | 73.7% | 22 | Watch |
 AEEAmeren Corporation | $30.1B | 2.6% | 52.7% | 12 | Sustainable |
2nd  PORPortland General Ele… | $5.8B | 4.0% | 73.5% | 20 | Watch |
HE Annual Dividend History (1985–2025)
41 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | — | 0 | $0.71 | — | — | — |
| 2024 | $0.00 | -100.0% | 0 | $-11.23 | — | — | — |
| 2023 | $1.08 | -22.9% | 3 | $1.81 | 59.7% | 1.68x | 3.1% |
| 2022 | $1.40 | 2.9% | 4 | $2.20 | 63.6% | 1.57x | 4.0% |
| 2021 | $1.36 | 3.0% | 4 | $2.25 | 60.4% | 1.65x | 3.9% |
| 2020 | $1.32 | 3.1% | 4 | $1.81 | 72.9% | 1.37x | 3.8% |
| 2019 | $1.28 | 3.2% | 4 | $1.99 | 64.3% | 1.55x | 3.7% |
| 2018 | $1.24 | 0.0% | 4 | $1.87 | 66.3% | 1.51x | 3.6% |
| 2017 | $1.24 | 0.0% | 4 | $1.52 | 81.6% | 1.23x | 3.6% |
| 2016 | $1.24 | 0.0% | 4 | $2.29 | 54.1% | 1.85x | 3.6% |
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
41+ years return with dividends reinvested.
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DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
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HE — Frequently Asked Questions
Quick answers to the most common questions about buying HE stock.
How much dividend does HE pay per share?
Hawaiian Electric Industries, Inc. (HE) pays a trailing 12-month dividend of $0.01 per share, with a current dividend yield of +0.1%. Payments are made Quarterly.
When is HE's next ex-dividend date?
HE's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. HE typically pays dividends Quarterly.
Is HE's dividend safe?
HE's dividend safety is rated "Unknown" based on an earnings payout ratio of N/A and FCF payout ratio of +4.3%. The 5-year growth streak provides moderate confidence.
Is HE a Dividend Payer?
Yes, Hawaiian Electric Industries, Inc. is classified as a Dividend Payer with 5 consecutive years of dividend increases. The 5-year dividend CAGR is +3.0%, demonstrating modest dividend growth.
How often does HE pay dividends?
Hawaiian Electric Industries, Inc. pays dividends Quarterly. The trailing 12-month total is $0.01 per share. Dividend data on this page covers 40+ years from 1985 to 2025.
How much would $10,000 invested in HE grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in HE five years ago would be worth approximately $3,858 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is HE's yield on cost for long-term holders?
HE's yield on cost — the current dividend divided by the original purchase price — is N/A for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +0.1% market yield, thanks to consistent dividend growth.