Matson Declares $0.36 Quarterly Dividend, Payable March 5

Matson, Inc. (NYSE: MATX), a leading ocean transportation and logistics company, declared a quarterly cash dividend of $0.36 per share, the company's board of directors announced. The dividend will be paid to shareholders of record as of the close of business on February 5, 2026. Read more dividend announcements.

Payment is scheduled for March 5, 2026. The company did not disclose an ex-dividend date in its filing.

Financial Position

Matson reported cash and cash equivalents of $141.9 million as of December 31, 2025, down $124.9 million from $266.8 million at the end of 2024. An additional $532.7 million in cash and U.S. Treasury investments was held in the company's Capital Construction Fund.

The company generated $547.1 million in net cash from operating activities during 2025, compared to $767.8 million in the prior year. The year-over-year decline was driven primarily by the receipt of a $118.6 million federal tax refund in the second quarter of 2024 related to the company's 2021 federal tax return.

Capital expenditures, including capitalized vessel construction costs, totaled $393.4 million for the year ended December 31, 2025, up from $310.1 million in 2024.

Debt and Share Repurchases

Total debt decreased by $39.7 million during the year to $361.2 million as of December 31, 2025, with $321.5 million classified as long-term debt. The company had $544.3 million in available borrowings under its revolving credit facility.

During the fourth quarter of 2025, Matson repurchased approximately 0.7 million shares for $78.1 million. As of December 31, 2025, approximately 1.1 million shares remained available under the company's share repurchase program.

Founded in 1882, Matson provides ocean transportation and logistics services in the Pacific region.