Matson to Pay Quarterly Dividend
The Board of Directors of leading US carrier in the Pacific, Matson Inc., declares its second quarter cash dividend of $0.15 per share.
"I am pleased to announce that our Board of Directors have authorized our second quarter 2013 dividend," said Matt Cox , Matson's President and Chief Executive Officer. "The dividend is emblematic of the continued soundness of our businesses and further reflects the confidence we share in the Company's prospects."
The dividend is payable June 6, 2013 to Matson shareholders of record as of the close of business on May 9, 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, Micronesia and select South Pacific islands, and operates a premium, expedited service from China to Southern California. The Company's fleet of 18 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. Its integrated, asset-light logistics services include rail intermodal, highway brokerage and warehousing.