Matson Announces Quarterly Dividend

Matson, Inc. declared a first quarter dividend of $0.17 per common share, the company’s board of directors announced. The dividend will be paid on March 5, 2015 to all shareholders of record as of the close of business on February 12, 2015.

 

"Matson's core businesses continue to generate significant cash flow, sustaining our dividend and providing for the construction of our new Aloha Class vessels," said Matt Cox, President and Chief Executive Officer.  "In addition, our strong balance sheet is poised to fund the pending acquisition of Horizon's Alaska operations in 2015."