Matson's latest quarterly dividend of $0.32 per share was on Feb 7, 2024 (ex-date). At an annualized rate of $1.27 per share, the stock yields 1.17%.
Matson's dividend yield of 1.17% is lower than the Industrials sector and the industry average. In comparison with the Industrials sector average of 1.41%, Matson's dividend yield is 17% lower. The current dividend yield is lower than the historical average of 1.7% of the last 5 years.
Matson has a history of paying dividends since 1994. Our records of MATX show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 3.3% for the last twelve months. However with the price of the stock up by 65% from a year ago, the dividend yield has decreased by 37%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Feb 7, 2024 | Mar 7, 2024 | Jan 25, 2024 | $0.32 | normal |
| Nov 8, 2023 | Dec 7, 2023 | Oct 26, 2023 | $0.32 | normal |
| Aug 2, 2023 | Sep 7, 2023 | Jun 22, 2023 | $0.32 | normal |
| May 10, 2023 | Jun 1, 2023 | Apr 27, 2023 | $0.31 | normal |
| Feb 8, 2023 | Mar 2, 2023 | Jan 26, 2023 | $0.31 | normal |
| Nov 9, 2022 | Dec 1, 2022 | Oct 27, 2022 | $0.31 | normal |
| Aug 3, 2022 | Sep 1, 2022 | Jun 22, 2022 | $0.31 | normal |
| May 11, 2022 | Jun 2, 2022 | Apr 28, 2022 | $0.3 | normal |
| Feb 9, 2022 | Mar 3, 2022 | Jan 27, 2022 | $0.3 | normal |
| Nov 9, 2021 | Dec 2, 2021 | Oct 28, 2021 | $0.3 | normal |
| Aug 4, 2021 | Sep 2, 2021 | Jun 24, 2021 | $0.3 | normal |
| May 5, 2021 | Jun 3, 2021 | Apr 22, 2021 | $0.23 | normal |
| Feb 10, 2021 | Mar 4, 2021 | Jan 28, 2021 | $0.23 | normal |
| Nov 10, 2020 | Dec 3, 2020 | Oct 29, 2020 | $0.23 | normal |
| Aug 5, 2020 | Sep 3, 2020 | Jun 25, 2020 | $0.23 | normal |
| May 6, 2020 | Jun 4, 2020 | Apr 23, 2020 | $0.22 | normal |
| Feb 5, 2020 | Mar 5, 2020 | Jan 23, 2020 | $0.22 | normal |
| Nov 6, 2019 | Dec 5, 2019 | Oct 25, 2019 | $0.22 | normal |
| Jul 31, 2019 | Sep 5, 2019 | Jun 14, 2019 | $0.22 | normal |
| May 8, 2019 | Jun 6, 2019 | Apr 25, 2019 | $0.21 | normal |
| Feb 6, 2019 | Mar 7, 2019 | Jan 24, 2019 | $0.21 | normal |
| Nov 7, 2018 | Dec 6, 2018 | Oct 25, 2018 | $0.21 | normal |
| Aug 1, 2018 | Sep 6, 2018 | Jun 29, 2018 | $0.21 | normal |
| May 9, 2018 | Jun 7, 2018 | Apr 26, 2018 | $0.2 | normal |
| Feb 7, 2018 | Mar 1, 2018 | Jan 25, 2018 | $0.2 | normal |
| Nov 8, 2017 | Dec 7, 2017 | Oct 26, 2017 | $0.2 | normal |
| Aug 1, 2017 | Sep 7, 2017 | Jun 29, 2017 | $0.2 | normal |
| May 9, 2017 | Jun 1, 2017 | Apr 27, 2017 | $0.19 | normal |
| Feb 7, 2017 | Mar 2, 2017 | Jan 26, 2017 | $0.19 | normal |
| Nov 8, 2016 | Dec 1, 2016 | Oct 27, 2016 | $0.19 | normal |
| Aug 2, 2016 | Sep 1, 2016 | Jun 23, 2016 | $0.19 | normal |
| May 10, 2016 | Jun 2, 2016 | Apr 28, 2016 | $0.18 | normal |
Matson's payout ratio of 15.1% is below the Industrials sector and the industry average. In comparison with its Industrials sector average of 30.4%, Matson's payout ratio is 50% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| ASC Ardmore Shipping Corp | 5.56% | $0.91 | 33% |
| MATX Matson Inc | 1.17% | $1.27 | 15.1% |
Yes, Matson has paid four dividends in the last twelve months. MATX has been paying dividends since 1994.
MATX hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in May 2024.
Matson's last regular dividend was on Feb 7, 2024 (ex-date) with the amount of $0.32 per share.
On an annual basis MATX pays $1.27 per share.
Matson's current dividend yield is 1.17%.
Matson pays four dividends per year.
Matson's dividend payout ratio is 15.1%.
Matson's dividend yield is lower than the Industrials sector average.