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Hawaiian Electric parent pays dividend

The regular quarterly cash dividend of 31 cents per share will be paid to shareholders Sept. 11, according to the Hawaiian Electric Industries board of directors.

Shareholders of record as of the close of business Aug. 21 will receive the dividend, which is equivalent to an annual rate of $1.24 per share.

HEI has paid dividends continuously since 1901, the company said, in a statement.

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