Matson Announces Quarterly Dividend of $0.30 Per Share

Rhea-AI Summary

The Board of Directors of Matson, Inc. (NYSE: MATX) declared a fourth-quarter dividend of $0.30 per common share, set to be paid on December 2, 2021. Shareholders of record by the close of business on November 11, 2021 will receive this dividend. This decision reflects Matson's ongoing commitment to returning value to its shareholders amid its operations in crucial markets including Hawaii, Alaska, and Guam.

Positive

• Dividend declared at $0.30 per share, indicating a commitment to shareholder returns.
• Payment date set for December 2, 2021, which provides timely income for investors.

Negative

• None.

HONOLULU, Oct. 28, 2021 /PRNewswire/ -- The Board of Directors of Matson, Inc. (NYSE: MATX), a leading U.S. carrier in the Pacific, today declared a fourth quarter dividend of $0.30 per common share.  The dividend will be paid on December 2, 2021 to all shareholders of record as of the close of business on November 11, 2021.

About the Company

Founded in 1882, Matson (NYSE: MATX) is a leading provider of ocean transportation and logistics services.  Matson provides a vital lifeline to the domestic non-contiguous economies of Hawaii, Alaska, and Guam, and to other island economies in Micronesia.  Matson also operates premium, expedited services from China to Long Beach, California, provides service to Okinawa, Japan and various islands in the South Pacific, and operates an international export service from Dutch Harbor to Asia.  The Company's fleet of owned and chartered vessels includes containerships, combination container and roll-on/roll-off ships and custom-designed barges.  Matson Logistics, established in 1987, extends the geographic reach of Matson's transportation network throughout North America.  Its integrated, asset-light logistics services include rail intermodal, highway brokerage, warehousing, freight consolidation, Asia supply chain services, and forwarding to Alaska.  Additional information about the Company is available at www.matson.com.

Investor Relations inquiries: Lee Fishman Matson, Inc. 510.628.4227 lfishman@matson.com

News Media inquiries: Keoni Wagner Matson, Inc. 510.628.4534 kwagner@matson.com

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/matson-announces-quarterly-dividend-of-0-30-per-share-301411518.html

SOURCE Matson, Inc.

FAQ

What is the dividend amount declared by Matson for the fourth quarter of 2021?

Matson declared a dividend of $0.30 per common share for the fourth quarter of 2021.

When will the fourth-quarter dividend be paid to shareholders of Matson?

The fourth-quarter dividend will be paid on December 2, 2021.

What is the record date for Matson's fourth-quarter dividend payment?

The record date for the fourth-quarter dividend is November 11, 2021.