Alexander & Baldwin, Inc. : Alexander & Baldwin's First Quarter 2012 Dividend Authorized
January 27, 2012 at 04:50 am IST
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The Board of Directors of Alexander & Baldwin, Inc. (NYSE:ALEX) today
announced a first quarter 2012 dividend of 31.5 cents per share. The
dividend is payable on March 1, 2012 to shareholders of record as of the
close of business on February 9, 2012.
Alexander & Baldwin, Inc. is headquartered in Honolulu, Hawaii and is
engaged in ocean transportation and logistics services through its
subsidiaries, Matson Navigation Company, Inc. and Matson
Logistics, Inc.; in real estate through A&B Properties, Inc.; and in
agribusiness through Hawaiian Commercial & Sugar Company. Additional
information about A&B may be found at its web site: www.alexanderbaldwin.com.
Statements in this press release that are not historical facts are
"forward-looking statements," within the meaning of the Private
Securities Litigation Reform Act of 1995, that involve a number of risks
and uncertainties that could cause actual results to differ materially
from those contemplated by the relevant forward-looking statement. These
forward-looking statements are not guarantees of future performance.
This release should be read in conjunction with our Annual Report on
Form 10-K and our other filings with the SEC through the date of this
release, which identify important factors that could affect the
forward-looking statements in this release. We do not undertake any
obligation to update our forward-looking statements.
Alexander & Baldwin, Inc. Meredith J. Ching,
808-525-6669 (Media) mching@abinc.com or Suzy
P. Hollinger, 808-525-8422 (Investors) shollinger@abinc.com
Matson, Inc. is a holding company that provides 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 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 Dutch Harbor, 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, and others.