Marine Link
Sunday, December 4, 2016

Matson Pays Out First Quarter Cash Dividend

January 25, 2013

Matson, Inc., a leading U.S. carrier in the Pacific, declares a first quarter 2013 cash dividend of $0.15 per share.

"The strong cash flows generated from our core businesses allow us to support a solid dividend to our shareholders," said Matt Cox , Matson (MATX)'s President and Chief Executive Officer. "At the same time, we have the financial capacity to maintain a strong investment grade metric balance sheet while also providing for growth investments and any future vessel replacement needs."

The dividend is payable March 7, 2013 to Matson shareholders of record as of the close of business on February 14, 2013.

Founded in 1882, Matson is a leading U.S. carrier in the Pacific. Matson provides a vital lifeline to the island economies of Hawaii, Guam and Micronesia and premium, expedited service from China to Southern California. The Company's fleet of 17 vessels includes containerships, combination container and roll-on/roll-off ships and custom-designed barges. Matson Logistics, established in 1987, extends the geographic reach of Matson's transportation network throughout the continental U.S.



 
Maritime Reporter Magazine Cover Nov 2016 - Workboat Edition

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News