Matson, AD (NYSE:Match) is included between 10 Best Dividend Delivery Reserves.
The processive line of imposing freight ships in a large port, catching the volume of the company’s ocean transport business.
Matson, AD (NYSE: MATX) searches its roots back in the late 1800s, originally established to connect the US West Bank to Hawaii. Today, it continues to serve as a key conveyer for the goods in the US Pacific territories and Alaska, while also offers fast, top -notch delivery services between the US and China land.
Matson, Inc. (NYSE: MATX) stands out for its fleet diversity, operating over a dozen vessels, including containers, own loads and combined vessels, capable of carrying wheels such as cars, trucks and railroads. In addition to its delivery operations, Matson leads a logistical division that helps customers coordinate and manage shipments.
On June 26, Matson, AD (NYSE: MATX) declared an increase of 5.9% in its quarterly dividend to $ 0.36 per share. This was the 13th consecutive year of the dividend increase, making it one of the best dividend actions. The action supports a dividend yield of 1.35%, as of July 30.
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Read the following: 13 best reserves dividend materials to be purchased now And 10 best and secure dividend stocks to buy now
Disclosure: Nothing.
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