Honolulu-based Matson Inc. on Thursday said it will pay its shareholders a third quarter dividend of 20 cents per common share.
The shipping company said the figure represents a 5.3 percent increase over the previous quarter’s dividend.
The dividend will be paid on Sept. 7 to all shareholders of record as of Aug. 3, the company said in a statement.
“We are pleased to announce the fifth consecutive annual increase to Matson’s quarterly dividend, underscoring our Board’s confidence in the long-term…