MATX

Why Matson is the 'Top Dividend Stock of the Dow Transports' With 1.3% Yield (MATX)

Matson Inc (Symbol: MATX) has been named as the ''Top Dividend Stock of the Dow Transports'', according to Dividend Channel, which published its most recent ''DividendRank'' report. The report noted that among the components of the Dow Jones Transportation Average, MATX shares displayed both attractive valuation metrics and strong profitability metrics. The report also cited the strong quarterly dividend history at Matson Inc, and favorable long-term multi-year growth rates in key fundamental data points.

The report stated, ''Dividend investors approaching investing from a value standpoint are generally most interested in researching the strongest most profitable companies, that also happen to be trading at an attractive valuation. That's what we aim to find using our proprietary DividendRank formula, which ranks the coverage universe based upon our various criteria for both profitability and valuation, to generate a list of the top most 'interesting' stocks, meant for investors as a source of ideas that merit further research.''

The Dow Jones Transportation Average, or ''Dow Transports'' for short, actually pre-dates the Dow Jones Industrial Average, and is the most widely followed index covering the American transportation sector. Click here to see the most popular ETF that follows the Dow Transports, and see the components and their weights, at ETFChannel.com »

The current annualized dividend paid by Matson Inc is $1.44/share, currently paid in quarterly installments, and its most recent dividend has an upcoming ex-date of 08/07/2025. Below is a long-term dividend history chart for MATX, which the report stressed as being of key importance. Indeed, studying a company's past dividend history can be of good help in judging whether the most recent dividend is likely to continue.

MATX+Dividend+History+Chart

10 Top Ranked Dow Transports Components »

Also see:
• Stocks Crossing Below Their 200 Day Moving Average
• WTR Options Chain
• DAY 13F Filers

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.