Matson Increases Quarterly Dividend From $0.32 To $0.34 Per Share
Portfolio Pulse from Benzinga Newsdesk
Matson, Inc. (NYSE:MATX) has announced an increase in its quarterly dividend from $0.32 to $0.34 per share, a 6.3% rise. The dividend will be paid on September 5, 2024, to shareholders of record as of August 1, 2024.
June 27, 2024 | 1:14 pm
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Matson, Inc. has increased its quarterly dividend by 6.3% to $0.34 per share, which will be paid on September 5, 2024. This move signals confidence in the company's financial health and commitment to returning value to shareholders.
The increase in the dividend indicates that Matson is performing well financially and is confident in its future earnings. This is likely to be viewed positively by investors, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100