Posts: 1,839
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Joined: May 2007
Cat,
HE has paid a quarterly dividend of 31 cents per share for the past 5 years plus. Same every quarter. A fair return, but not excessive. At $26/share, it is affordable if one has a portfolio to build.
Posts: 14,124
Threads: 424
Joined: Aug 2012
quote:
Originally posted by jerry
I suspect Hawaii electric utilities, rather than trying to lead the way forward will hang on to the old model as long as possible.
Not just electric utilities, and not just in Hawaii.
The entire system is stagnant because the "people in charge" are making plenty money the way things are, and they can just buy more rules/regulations instead of adapting to the new, who cares if "most people" are stuck with obsolete technology and business models?
Posts: 4,533
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Joined: Jan 2006
quote:
Originally posted by DanielP
Cat,
HE has paid a quarterly dividend of 31 cents per share for the past 5 years plus. Same every quarter. A fair return, but not excessive. At $26/share, it is affordable if one has a portfolio to build.
Dan , you are very right - it was a quarterly profit per share which isnt the same as a dividend... my mistake....