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Hawaiian Electric: Don't Sweat The Bank, But The Stock Is Pricey


  • Hawaiian Electric Industries, Inc. has seen its stock price demolished this month, probably due to its banking sector exposure.
  • Only 30% of the company's earnings come from the American Savings Bank, so it should be thought of as a utility.
  • The bank will probably prove to be much more stable than its mainland peers through the current industry crisis.
  • The company's current 3.78% dividend yield appears to be sustainable.
  • Hawaiian Electric Industries stock looks rather expensive so it might make sense to see if the banking crisis pulls down the price before buying in.
  • Looking for a helping hand in the market? Members of Energy Profits in Dividends get exclusive ideas and guidance to navigate any climate. Learn More »

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Hawaiian Electric Industries, Inc. (NYSE:HE) is a regulated electric utility serving the island state of Hawaii. The company also owns the third-largest bank in the state, American Savings Bank. The utility sector in general has long been

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Hawaiian Electric Industries

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Hawaiian Electric Industries


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Hawaiian Electric Industries

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