Matson, Inc., together with its subsidiaries, provides ocean transportation and logistics services. The company's Ocean Transportation segment offers ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska, and Guam, as well as to other island economies in Micronesia. It primarily transports dry containers of mixed commodities, refrigerated commodities, packaged foods and beverages, building materials, automobiles, and household goods; livestock; seafood; general sustenance cargo; and garments, footwear, e-commerce, and other retail merchandise. This segment also operates an expedited service from China to Long Beach, California, and various islands in the South Pacific, as well as Okinawa, Japan; and provides container stevedoring, refrigerated cargo services, inland transportation, container equipment maintenance, and other terminal services to ocean carriers on the Hawaiian islands of Oahu, Hawaii, Maui, and Kauai, as well as in the Alaska locations of Anchorage, Kodiak, and Dutch Harbor. In addition, the company offers vessel management and container transshipment services. Its Logistics segment provides multimodal transportation brokerage services, including domestic and international rail intermodal, long-haul and regional highway trucking, specialized hauling, flat-bed and project, less-than-truckload, and expedited freight services; less-than-container load consolidation and freight forwarding services; warehousing and distribution services; supply chain management services, and non-vessel operating common carrier freight forwarding services. The company serves the U.S. military, freight forwarders, retailers, consumer goods, automobile manufacturers, and other customers. The company was formerly known as Alexander & Baldwin Holdings, Inc. and changed its name to Matson, Inc. in June 2012. Matson, Inc. was founded in 1882 and is headquartered in Honolulu, Hawaii.
Matson Dividend Announcement
• Matson announced a quarterly dividend of $0.34 per ordinary share which will be made payable on 2024-12-05. Ex dividend date: 2024-11-07
• Matson annual dividend for 2024 was $1.32
• Matson annual dividend for 2023 was $1.26
• Matson's trailing twelve-month (TTM) dividend yield is 1.0%
• Matson's payout ratio for the trailing twelve months (TTM) is 10.88%
• Matson's dividend growth over the last five years (2018-2023) was 8.97% year
• Matson's dividend growth over the last ten years (2013-2023) was 10.60% year
Matson Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-07 | $0.34 | quarterly | 2024-12-05 |
2024-08-01 | $0.34 | quarterly | 2024-09-05 |
2024-05-08 | $0.32 | quarterly | 2024-06-06 |
2024-02-07 | $0.32 | quarterly | 2024-03-07 |
2023-11-08 | $0.32 | quarterly | 2023-12-07 |
2023-08-02 | $0.32 | quarterly | 2023-09-07 |
2023-05-10 | $0.31 | quarterly | 2023-06-01 |
2023-02-08 | $0.31 | quarterly | 2023-03-02 |
2022-11-09 | $0.31 | quarterly | 2022-12-01 |
2022-08-03 | $0.31 | quarterly | 2022-09-01 |
2022-05-11 | $0.30 | quarterly | 2022-06-02 |
2022-02-09 | $0.30 | quarterly | 2022-03-03 |
2021-11-09 | $0.30 | quarterly | 2021-12-02 |
2021-08-04 | $0.30 | quarterly | 2021-09-02 |
2021-05-05 | $0.23 | quarterly | 2021-06-03 |
2021-02-10 | $0.23 | quarterly | 2021-03-04 |
2020-11-10 | $0.23 | quarterly | 2020-12-03 |
2020-08-05 | $0.23 | quarterly | 2020-09-03 |
2020-05-06 | $0.22 | quarterly | 2020-06-04 |
2020-02-05 | $0.22 | quarterly | 2020-03-05 |
2019-11-06 | $0.22 | quarterly | 2019-12-05 |
2019-07-31 | $0.22 | quarterly | 2019-09-05 |
2019-05-08 | $0.21 | quarterly | 2019-06-06 |
2019-02-06 | $0.21 | quarterly | 2019-03-07 |
2018-11-07 | $0.21 | quarterly | 2018-12-06 |
2018-08-01 | $0.21 | quarterly | 2018-09-06 |
2018-05-09 | $0.20 | quarterly | 2018-06-07 |
2018-02-07 | $0.20 | quarterly | 2018-03-01 |
2017-11-08 | $0.20 | quarterly | 2017-12-07 |
2017-08-01 | $0.20 | quarterly | 2017-09-07 |
2017-05-09 | $0.19 | quarterly | 2017-06-01 |
2017-02-07 | $0.19 | quarterly | 2017-03-02 |
2016-11-08 | $0.19 | quarterly | 2016-12-01 |
2016-08-02 | $0.19 | quarterly | 2016-09-01 |
2016-05-10 | $0.18 | quarterly | 2016-06-02 |
2016-02-09 | $0.18 | quarterly | 2016-03-03 |
2015-11-03 | $0.18 | quarterly | 2015-12-03 |
2015-08-04 | $0.18 | quarterly | 2015-09-03 |
2015-05-05 | $0.17 | quarterly | 2015-06-04 |
2015-02-10 | $0.17 | quarterly | 2015-03-05 |
2014-11-04 | $0.17 | quarterly | 2014-12-04 |
2014-08-05 | $0.17 | quarterly | 2014-09-04 |
2014-05-06 | $0.16 | quarterly | 2014-06-05 |
2014-02-11 | $0.16 | quarterly | 2014-03-06 |
2013-11-05 | $0.16 | quarterly | 2013-12-05 |
2013-05-07 | $0.15 | quarterly | 2013-06-06 |
2013-02-12 | $0.15 | quarterly | 2013-03-07 |
Matson Dividend per year
Matson Dividend growth
Matson Dividend Yield
Matson current trailing twelve-month (TTM) dividend yield is 1.0%. Interested in purchasing Matson stock? Use our calculator to estimate your expected dividend yield:
Matson Financial Ratios
Matson Dividend FAQ
Other factors to consider when evaluating Matson as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Matson's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Matson publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Matson distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Matson are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Matson sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Matson distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Matson declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Matson's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Matson's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.