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MATX - Matson raises dividend by 30.4%; approves share buyback plan
Matson Inc.
Matson (MATX) declares $0.30/share quarterly dividend, 30.4% increase from prior dividend of $0.23.Forward yield 1.88%Payable Sept. 2; for shareholders of record Aug. 5; ex-div Aug. 4.In addition, the board also approved a share repurchase program totaling 3.0M shares, or ~7%of outstanding common shares.The buyback authorization represents ~$190 million of potential repurchases, as of June 24, 2021.See MATX Dividend Scorecard, Yield Chart, & Dividend Growth.