Matson (MATX) Raises Quarterly Dividend 5.3% to $0.20; 2.7% Yield

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Go back to Matson (MATX) Raises Quarterly Dividend 5.3% to $0.20; 2.7% Yield

Matson Increases Quarterly Dividend By 5.3 Percent To $0.20 Per Share

June 29, 2017 4:01 PM EDT

HONOLULU, June 29, 2017 /PRNewswire/ -- The Board of Directors of Matson, Inc. ("Matson" or the "Company") (NYSE: MATX), a leading U.S. carrier in the Pacific, today declared a third quarter dividend of $0.20 per common share.  The dividend represents a one-cent increase, or 5.3 percent, over the previous quarter's dividend and will be paid on September 7, 2017 to all shareholders of record as of the close of business on August 3, 2017.

"We are pleased to announce the fifth consecutive annual increase to Matson's quarterly... More