, and to other island economies in Micronesia. Matson provides a vital lifeline of ocean freight transportation services to the domestic non-contiguous economies of "We will continue to be disciplined in our approach to capital allocation and are committed to the return of excess capital to shareholders after funding our dividend, supporting our operations with maintenance capital, and investing in growth opportunities, while maintaining an investment grade balance sheet."įounded in 1882, Matson (NYSE: MATX) is a leading provider of ocean transportation and logistics services. , Matson's Chairman and Chief Executive Officer. "This announcement marks the eleventh consecutive annual increase to Matson's quarterly dividend, reflecting our Board's confidence in our long-term free cash flow growth," said
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