Hawaiian Electric Industries (HE) Dividend Coverage Ratio (2009 - 2026)
Hawaiian Electric Industries' Dividend Coverage Ratio came in at 11.20 for Q2 2026, up 329.4% from 2.61 a year earlier and up 267.8% from the prior quarter.
Powered by 
Analysis
Hawaiian Electric Industries (HE) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Hawaiian Electric Industries reported Dividend Coverage Ratio of 7.23; for FY2023, it was 2.72, up 24.5% from FY2022.
- Dividend Coverage Ratio has increased in each of the last three years.
- Going back by year, Dividend Coverage Ratio was 2.18 in FY2022 (+30.9%), 1.67 in FY2021 (+20.4%), 1.39 in FY2020 (-21.7%) and 1.77 in FY2019 (+5.2%).
- The Q2 2026 figure represents the highest quarterly Dividend Coverage Ratio since Q4 2022.
- The fastest year-over-year change in Dividend Coverage Ratio over five years came in Q4 2022 (growth of 959.6%), and the weakest in Q4 2023 (a decline of 91.9%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 298.11 Bn | 298.11 Bn | 890.00 Mn | - |
| 2 | Nextera Energy | 159.16 Bn | 160.06 Bn | - | - |
| 3 | Southern | 96.40 Bn | 87.46 Bn | 5.92 Bn | 1.46 |
| 4 | Duke Energy | 88.56 Bn | 87.16 Bn | 6.74 Bn | 1.82 |
| 5 | National Grid | 79.03 Bn | 60.56 Bn | - | - |
| 6 | American Electric Power | 65.18 Bn | 63.56 Bn | 3.84 Bn | - |
| 7 | Dominion Energy | 53.70 Bn | 56.38 Bn | - | 0.58 |
| 8 | Sempra | 51.10 Bn | 50.23 Bn | 2.89 Bn | - |
| 9 | Entergy | 47.05 Bn | 36.24 Bn | - | 1.65 |
| 10 | Hawaiian Electric Industries | 1.52 Bn | -218.13 Mn | - | 11.20 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.20 |
| Mar 31, 2026 | 3.05 |
| Jun 30, 2025 | 2.61 |
| Dec 31, 2023 | 1.26 |
| Sep 30, 2023 | 1.21 |
| Jun 30, 2023 | 1.38 |
| Mar 31, 2023 | 1.39 |
| Dec 31, 2022 | 15.68 |
| Sep 30, 2022 | 1.63 |
| Jun 30, 2022 | 1.37 |
| Mar 31, 2022 | 1.81 |
| Dec 31, 2021 | 1.48 |
| Sep 30, 2021 | 1.72 |
| Jun 30, 2021 | 1.72 |
| Mar 31, 2021 | 1.73 |
| Dec 31, 2020 | 0.85 |
| Sep 30, 2020 | 1.80 |
| Jun 30, 2020 | 1.36 |
| Mar 31, 2020 | 0.93 |
| Dec 31, 2019 | 1.91 |
API Access
Hawaiian Electric Industries Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=HE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "HE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=HE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();