Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Benzinga Insights

Tuesday Is Your Last Chance To Buy Matson Before The Dividend Payout

Tuesday marks the last chance for investors to receive the next dividend payout from Matson (NYSE:MATX).

What's Happening

The company announced on Thursday that it would pay shareholders a quarterly dividend of $0.3 per share. On Wednesday, Matson will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open $0.3 lower than it would have opened on any other day.

In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Wednesday. Shareholders who own MATX as of the end of Tuesday's session are eligible to receive the $0.3 dividend payout for every share that they own.

According to the company, this dividend will be paid out to shareholders on March 03, 2022. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way.

Click here to find details on Matson's previous dividends.

To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.