Hawaiian Electric Suspends Dividend. Stock Drops on Legal, Cash Flow Troubles.
Hawaiian Electric has suspended its dividend and faced legal and cash flow troubles, resulting in a drop in its stock.
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Posted 8/25/2023, 11:33:00 AM
barrons.com
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Hawaiian Electric's shares surged 30.2% after the company called the lawsuit filed against it by the county of Maui "factually and legally irresponsible," blaming the county for the Hawaii wildfires.