Hawaiian Electric Industries Inc. said late Thursday that it is suspending its dividend, starting in the third quarter, “to further increase its cash...
Hawaiian Electric Industries Inc. HE, -2.06% said late Thursday that it is suspending its dividend, starting in the third quarter, “to further increase its cash position.” That will allow the company to continue to allocate cash to “rebuilding and restoring power and ensure a strong future for the utility,” it said. The utility is contractually obligated to pay a cash dividend of 36 cents a share on Sept. 8, a dividend declared on Aug.
“We are working with the county, state and federal governments to determine what happened in the course of an extraordinary climatological event” on Aug. 8, the company said. “Others may take advantage of this situation to engage in speculation and opportunism, but our focus continues to be on the restoration, recovery and rebuilding efforts in our communities.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Maui County files lawsuit against Maui Electric Company, Hawaiian Electric Company following wildfiresMaui County has filed a lawsuit against the Maui Electric Company and Hawaiian Electric Company following the wildfires across the island.
Lire la suite »
Hawaiian Electric Co. sued, accused of negligence over fires that ravaged MauiMaui County sued Hawaiian Electric Company on Thursday over the fires that devastated Lahaina, saying the utility negligently failed to shut off power...
Lire la suite »
Maui Alleges Hawaiian Electric Caused Lahaina WildfireCounty filed a lawsuit claiming negligence against the utility.
Lire la suite »
Hawaiian Officials Request DNA Samples From Relatives of People Missing in Maui WildfiresThousands of people are missing from wildfires that swept through Maui earlier this month, prompting officials to ask for DNA samples to identify the remains.
Lire la suite »
Fire renews Maui stream water rights tension in longtime conflict over sacred Hawaiian resourceDuring the deadliest U.S. wildfire in more than a century, a developer of land around a threatened Maui community urgently asked state officials for permission to divert stream water to help fight the growing inferno.
Lire la suite »
Fire renews Maui stream water rights tension in longtime conflict over sacred Hawaiian resourceDuring the deadliest U.S. wildfire in more than a century, a developer of land around a threatened Maui community urgently asked state officials for permission to divert stream water to help fight the growing inferno
Lire la suite »