Tuesday, January 28, 2020

Matson Announces Quarterly Dividend

By Karen Robes Meeks

Honolulu-based carrier Matson, Inc’s Board of Directors this week announced a first quarter dividend of $0.22 per common share. The dividend is expected to be paid to shareholders of record on March 5, according to the company.

The company operates in Hawaii, Alaska, Guam and Micronesia, and offers a fast, premium service from China to Southern California and services to Okinawa, Japan and other South Pacific islands. Matson’s fleet encompasses containerships, combination container and roll-on/roll-off ships and custom-made barges. Meanwhile, Matson Logistics offers “rail intermodal, highway brokerage, warehousing, freight consolidation, Asia supply chain services, and forwarding to Alaska,” according to the company.

For more on the company, visit www.matson.com.