Matson Announces Quarterly Dividend of $0.30 Per Share
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
Details
News Market Reaction – MATX
The recorded move for MATX in the trading session of this news was -0.28%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.