Dividend Track Records

Matson hiked its dividend by 5.6% to 38 cents quarterly in 2026.

Matson (MATX) will hike its quarterly dividend by 5.9% to 36 cents per share in 2025.

On June 22, 2023, Matson (MATX) announced a dividend hike of 3.2% to $0.32 quarterly per share. A new annual rate of $1.28 per share yields 1.6% at at stock price of $78. This marks the 11th consecutive year of dividend growth for MATX. Originally founded in 1882, Matson is a provider of ocean transportation and logistics services. Matson services the domestic non-contiguous economies of Hawaii, Alaska, and Guam, and to other island economies in Micronesia. Matson also operates a premium, expedited service from China to Southern California and provides services to Okinawa, Japan and various islands in the South Pacific. Its integrated, asset-light logistics services include rail intermodal, highway brokerage, warehousing, freight consolidation, Asia supply chain services, and forwarding to Alaska. Matson was separated from Alexander & Baldwin on July 2, 2012.

Matson (MATX) on June 22, 2022 declared a new quarterly dividend of $0.31 per share share, up 3.3% from the previous quarterly dividend of $0.31 per share. This marks the 10th consecutive year of dividend increases by the provider of ocean transportation and logistics services. The next MATX dividend will be paid on September 1, 2022 to all shareholders of record as of the close of business on August 4, 2022. A new annual rate of $1.24 per share yields 1.7% at at stock price of $73.54. "This announcement marks the tenth consecutive annual increase to Matson's quarterly dividend, underscoring our Board's confidence in our long-term free cash flow growth," said Matt Cox, Matson's Chairman and Chief Executive Officer.  "We are disciplined in our approach to capital allocation and are committed to the return of excess capital to shareholders after funding our dividend, supporting our operations with maintenance capital, and investing in organic and inorganic grow...

Matson (MATX) will raise its quarterly dividend by 30.4 percent to 30 cents per share in 2021. This comes after a dividend hike of 4.5 percent to $0.23 per share in 2020. This marks the 9th consecutive year of dividend increases by the provider of ocean transportation and logistics services. The next dividend will be paid on September 2, 2021 to all shareholders of record as of the close of business on August 5, 2021. A new annual rate of $1.20 per share yields 1.8% at at stock price of $64.31. "We are pleased to announce this return of capital to shareholders," said Matt Cox , Matson's Chairman and Chief Executive Officer.  "The substantive increase in the dividend and the initiation of a new share buyback program reflects our Board's confidence in long-term free cash flow growth.  Last May we successfully launched a second expedited ocean service from China to the U.S. West Coast, the CLX+, to accommodate overwhelming demand for our original expedited China -t...