Matson Raises Quarterly Dividend 5.6% to $0.38, 14th Consecutive Increase
MATX•
MATX•Matson’s board declared a third-quarter dividend of $0.38 per share, marking a 5.6% increase and the 14th consecutive annual raise. The dividend is payable September 3, 2026, to shareholders of record as of August 6, 2026, reflecting confidence in long-term free cash flow growth.
The Board of Directors approved a third-quarter dividend of $0.38 per share, up two cents from the previous quarter. This 5.6% increase marks Matson’s 14th consecutive annual raise, with a record date of August 6, 2026, and a payment date of September 3, 2026.
Matson’s leadership highlighted the company’s strong free cash flow and investment grade balance sheet as the basis for the dividend increase. The company plans to fund the dividend first, then pursue share repurchases, support operations with maintenance capital and invest in growth opportunities.