Matson (MATX) Overcomes Tariff Challenges with Strong Dividend Growth

Reported 3 days ago

Matson, Inc. (MATX) continues to navigate challenges posed by tariff-related market volatility while maintaining a solid dividend record, boasting 13 consecutive years of growth. Despite a decline in operating income from its Ocean Transportation segment due to reduced shipping volumes linked to tariffs, Matson's quarterly dividend stands at $0.36 per share, equating to a yield of 1.53%. As it anticipates ongoing uncertainty in trade policies, Matson remains a viable choice for income-focused investors.

Source: YAHOO

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