Hawaiian Electric Industries, Inc. (HE) Announces Quarterly Dividend

The board of directors of Hawaiian Electric Industries, Inc. (NYSE: HE) announced the regular quarterly cash dividend of 31 cents per share, payable December 10, 2009, to shareholders of record at the close of business on November 16, 2009, (ex-dividend date is November 12, 2009). The dividend is equivalent to an annual rate of $1.24 per share.

HEI (HE)supplies power to over 400,000 customers or 95% of the Hawaii market through its electric utilities, Hawaiian Electric Company, Inc., Hawaii Electric Light Company, Inc. and Maui Electric Company, Limited and provides a wide array of banking and other financial services to consumers and businesses through American Savings Bank, F.S.B., one of Hawaii’s largest financial institutions.