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: Hawaiian Electric halts dividend to shore up cash position after Maui wildfires

Hawaiian Electric Industries Inc. HE 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 […] The post : Hawaiian Electric halts dividend to shore up cash position after Maui wildfires appeared first on ForexTV... Read More
Posted: Aug 24 2023, 21:39
Author Name: forextv
Views: 111739

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