HE - Don't Believe Everything You Read. This Ultra-High Dividend Yield Is as Good as Gone.
2023-11-03 05:40:00 ET
Investors looking at stocks with huge yields need to hit the pause button because sometimes the dividend yields aren't what they seem. That's the case today with Hawaiian Electric Industries (NYSE: HE) , which some online quote services list as offering a 14%-plus dividend yield.
Here's what's going on with Hawaiian Electric and why that yield is already as good as gone.
There's a big disparity today when it comes to the reporting of Hawaiian Electric's dividend yield . Some quote services show it as 14.9%, while others simply show a dash mark indicating that there is no dividend. Both options are -- at least for the moment -- correct. But how can that be?
For further details see:
Don't Believe Everything You Read. This Ultra-High Dividend Yield Is as Good as Gone.