Matson (MATX) Rewards Shareholders With 6.3% Dividend Hike [Yahoo! Finance]
Matson, Inc. (MATX)
Last matson, inc. earnings: 2/25 04:05 pm
Check Earnings Report
US:NYSE Investor Relations:
investor.matson.com/investor-relations
Company Research
Source: Yahoo! Finance
of the increased dividend will be paid out on Sep 5, 2024, to its shareholders of record as of Aug 1. The upped dividend highlights this transportation company's commitment to creating value for its shareholders. MATX's dividend yield based on the new payout and Jun 27's closing price is 1.06%. The current increase marks the seventh dividend hike by the company in the last five years. Per chairman and CEO Matt Cox, “The increase reflects the strength of our business and confidence in our long-term free cash flow growth. As always, we remain committed to the return of excess capital to shareholders through the execution of share repurchases after funding our dividend, supporting our operations with maintenance capital, and investing in growth opportunities, while maintaining an investment grade balance sheet." Matson, currently sporting a Zacks Rank #1 (Strong Buy), is also active on the buyback front. Investors should note that Matson has a 5-year median return on capital of 14.
Show less
Read more
Impact Snapshot
Event Time:
MATX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MATX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MATX alerts
High impacting Matson, Inc. news events
Weekly update
A roundup of the hottest topics
MATX
News
- Matson declares $0.34 dividend [Seeking Alpha]Seeking Alpha
- MATSON ANNOUNCES QUARTERLY DIVIDEND OF $0.34 PER SHARE [Yahoo! Finance]Yahoo! Finance
- MATSON ANNOUNCES QUARTERLY DIVIDEND OF $0.34 PER SHAREPR Newswire
- New Strong Buy Stocks for October 21st [Yahoo! Finance]Yahoo! Finance
- MATSON TO ANNOUNCE THIRD QUARTER 2024 RESULTS ON OCTOBER 30, 2024PR Newswire
MATX
Earnings
- 8/1/24 - Beat
MATX
Analyst Actions
- 8/2/24 - Stephens & Co.
MATX
Sec Filings
- 9/30/24 - Form 4
- 9/6/24 - Form 4
- 9/5/24 - Form 4
- MATX's page on the SEC website