Matson (MATX) Rewards Shareholders With 6.3% Dividend Hike

The upped dividend highlights this transportation company's commitment to creating value for its shareholders. MATX's dividend yield based on the new payout and Jun 27's closing price is 1.06%. The current increase marks the seventh dividend hike by the company in the last five years. You can see the complete list of today's Zacks #1 Rank stocks here. Matson (MATX) recently announced a 6.3% hike in its quarterly dividend, taking the total to 34 cents per share (annualized $1.36). The first installment of th ...