Matson, Inc. is a provider of ocean transportation and logistics services. The Company's segments include Ocean Transportation and Logistics. The Ocean Transportation business is conducted through Matson Navigation Company, Inc. (MatNav), which provides a vital lifeline of ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska and Guam, and to other island economies in Micronesia. MatNav also operates premium, expedited services from China to Long Beach, California, provides services to Okinawa, Japan and various islands in the South Pacific, and operates an international export service from Alaska to Asia. The Logistics business is conducted through Matson Logistics, Inc. (Matson Logistics), a wholly owned subsidiary of MatNav. Matson Logistics provides a variety of logistics services to its customers, such as transportation brokerage services, freight forwarding services, warehousing services and supply chain management services.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 3.34B.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 9.40%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 9.40%.
Overvalued
The company’s latest PB is 2.18, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 30.81M shares, decreasing 0.44% quarter-over-quarter.
Held by Chuck Royce
Star Investor Chuck Royce holds 154.51K shares of this stock.