La vendita allo scoperto per Matthews International dà agli investitori un'idea del grado in cui gli investitori stanno scommettendo sul declino delle azioni di Matthews International. I dati relativi alle vendite allo scoperto vengono aggiornati ogni due settimane.

Matthews International (NASDAQ:MATW) Azioni, Report sulle vendite allo scoperto

Matthews International

Matthews International Corp is a personal services company that primarily provides brand solution services, memorialization products, and industrial products in the United States and Europe. The majority of Matthews' revenue is derived from its SGK Brand Solutions business, which provides brand development services, printing equipment, creative design services, and embossing tools to the consumer packaged goods and packaging industries. The company's Memorialization segment, which sells bronze and granite memorials, caskets, and cremation equipment to the cemetery and funeral home industries, also contributes a significant amount. Most of Matthews' revenue is generated from sales made in the U.S., while European customers also contribute a sizable percentage.

Matthews International Corporation - Class A Common Stock

Matthews International Corp

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Shares of companies within the broader industrial sector are trading higher after Donald Trump won the 2024 presidential election.

<p>B. Riley Securities  analyst Liam Burke   maintains Matthews International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MATW#NASDAQ">MATW</a>) with a Buy and lowers the price target from $54 to $40.</p>


News

Price Target

Analyst Ratings

B. Riley Securities Maintains Buy on Matthews International, Lowers Price Target to $40

<p>Proceeds To Redeem 5.25% Senior Notes Due 2025</p>


Offerings

Matthews International Prices $300M Offering Of 8.625% Senior Secured Second Lien Notes Due 2027

<p>Matthews International Corporation (NASDAQ GSM: MATW) (the "Company") today announced a proposed private offering of senior secured second lien notes due 2027 (the "Notes"). At or prior to the closing of the offering of the Notes, the Company intends to amend its senior credit facility to, among other things, permit the Notes to be secured by a second priority lien on substantially all of our and certain of our domestic subsidiaries' assets, and the Company and certain of its domestic subsidiaries intend to enter into a second amended and restated pledge and security agreement pursuant to which the Company and such subsidiaries will grant to the secured parties under the senior credit facility a first priority lien on substantially all of the Company's and such subsidiaries' assets.</p>
<p>The Company intends to use the net proceeds of the offering, together with borrowings under the Company's senior credit facility, to redeem all of its outstanding 5.25% senior notes due December 1, 2025 (the "Existing 2025 Notes") on or about October 25, 2024, and to pay accrued and unpaid interest on the Existing 2025 Notes to, but not including, the date of redemption, and to satisfy and discharge the indenture governing the Existing 2025 Notes.</p>


Matthews International Announced A Proposed Private Offering Of Senior Secured Second Lien Notes Due 2027

<p>Matthews International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MATW#NASDAQ">MATW</a>) reported quarterly earnings of $0.56 per share which met the analyst consensus estimate.  The company reported quarterly sales of $427.883 million which missed the analyst consensus estimate of $450.117 million by 4.94 percent.  This is a 9.33 percent decrease over sales of $471.908 million the same period last year.</p>


Earnings

Earnings Misses

Matthews International Q3 2024 Adj. EPS $0.56, Inline, Sales $427.883M Miss $450.117M Estimate

TSLA

Matthews International to Defend Against Tesla's Trade Secret Complaint Filed in Federal District Court; Claims Deemed Without Merit

Tesla Files Lawsuit Against Matthews International; Claims Matthews Disclosed Confidential Trade Secrets to Other Companies

<p><strong>Tesla Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) has reportedly initiated a legal battle against its former supplier, <strong>Matthews International Corp </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MATW#NASDAQ">MATW</a>), accusing the company of <a target="_blank" href="https://www.benzinga.com/quote/TSLA" rel="noreferrer noopener">misappropriating trade secrets</a>.</p>
<p>This lawsuit, filed in the U.S. District Court for the Northern District of California, centers on allegations that Matthews shared proprietary battery manufacturing technology with Tesla&#8217;s rivals, reported Reuters.</p>
<p>The legal action claims that Matthews International caused damages potentially exceeding $1 billion due to the alleged misuse of Tesla&#8217;s innovative dry electrode battery technology.</p>
<p>This technology is crucial for enhancing the performance and cost-efficiency of batteries, a core component of Tesla&#8217;s business strategy.</p>
<p>According to the complaint, Matthews began its relationship with Tesla in 2019 as a supplier of manufacturing machinery.</p>
<p>During the partnership, Tesla shared key details about its dry-electrode coating process, which is designed to significantly reduce the physical footprint and production costs of battery manufacturing facilities, while also increasing the energy density and power of the battery cells.</p>
<p><strong><em>Also Read</em></strong><em>: <a target="_blank" href="https://www.benzinga.com/news/24/06/39334580/teslas-largest-outside-investor-vanguards-vote-switch-helped-pass-elon-musks-56b-pay-package" rel="noreferrer noopener">Tesla&#8217;s Largest Outside Investor Vanguard&#8217;s Vote Switch Helped Pass Elon Musk&#8217;s $56B Pay Package</a></em></p>
<p>The lawsuit further alleges that Matthews not only shared these secrets with Tesla&#8217;s competitors but also attempted to claim Tesla's innovations as its own.</p>
<p>It is reported that Matthews has made patent filings that include confidential Tesla technologies, thus disclosing protected information.</p>
<p>Tesla is now seeking a court injunction to prevent Matthews from continuing to disclose its trade secrets.</p>
<p>Additionally, the electric vehicle manufacturer is demanding that Matthews hand over all relevant patent applications and compensate Tesla for monetary damages caused by these breaches of confidentiality.</p>
<p>Tesla stock has lost more than 32% in the last 12 months.&nbsp;Investors can gain exposure to the stock via ETFs, including&nbsp;<strong>Consumer Discretionary&nbsp;Select Sector SPDR</strong>&nbsp;<strong>Fund</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>) and <strong>Fidelity MSCI&nbsp;Consumer Discretionary Index ETF</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDIS#NYSE">FDIS</a>).</p>
<p><strong>Price Action</strong>: TSLA shares are trading higher by 4.34% at $185.74 at last check Monday.</p>
<p><strong><em>Disclaimer</em></strong>: <em>This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.</em></p>
<p><strong><em>Read Next</em></strong><em>: <a href="https://www.benzinga.com/news/24/06/39327644/tesla-ceo-elon-musk-eyes-25-trillion-market-cap-with-optimus-bot-admits-to-being-pathologically-opti" target="_blank" rel="noreferrer noopener">Tesla CEO Elon Musk Eyes $25 Trillion Market Cap With Optimus Bot, Admits To Being &#8216;Pathologically Optimistic&#8217;</a></em></p>
<p><em>Photo via Shutterstock</em></p>


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Tesla Sues Former Supplier Over Trade Secret Theft, Seeks $1B Compensation: Report

Matthews International shares are trading higher after the company reported better-than-expected Q2 EPS and sales.

<p>Matthews International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MATW#NASDAQ">MATW</a>) reported quarterly earnings of $0.69 per share which beat the analyst consensus estimate of $0.46 by 50 percent. This is a 6.15 percent increase over earnings of $0.65 per share from the same period last year.  The company reported quarterly sales of $471.223 million which beat the analyst consensus estimate of $469.379 million by 0.39 percent.  This is a 1.74 percent decrease over sales of $479.580 million the same period last year.</p>


Earnings Beats

Matthews International Q2 2024 Adj EPS $0.69 Beats $0.46 Estimate, Sales $471.223M Beat $469.379M Estimate

<h3>Gainers</h3>
<ul>
<li><strong>Paylocity Holding</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCTY#NASDAQ">PCTY</a>) stock increased by 12.3% to $168.0 during Thursday's after-market session. The company's market cap stands at $9.4 billion. The company's, Q3 earnings came out today. </li>
<li><strong>iSun</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISUN#NASDAQ">ISUN</a>) shares moved upwards by 5.03% to $0.15. </li>
<li><strong>Richtech Robotics</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RR#NASDAQ">RR</a>) stock rose 4.47% to $1.4. The company's market cap stands at $92.7 million. </li>
<li><strong>Matthews International</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MATW#NASDAQ">MATW</a>) stock moved upwards by 4.01% to $28.21. The market value of their outstanding shares is at $865.5 million. As per the press release, Q2 earnings came out today. </li>
<li><strong>Velo3D</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VLD#NYSE">VLD</a>) stock rose 3.86% to $0.24. The market value of their outstanding shares is at $70.7 million. </li>
<li><strong>Greenwave Tech Solns</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GWAV#NASDAQ">GWAV</a>) stock moved upwards by 3.71% to $0.06. The market value of their outstanding shares is at $9.6 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li><strong>Terran Orbital</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LLAP#NYSE">LLAP</a>) stock declined by 19.4% to $1.04 during Thursday's after-market session. The company's market cap stands at $209.9 million. </li>
<li><strong>AAON</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAON#NASDAQ">AAON</a>) shares decreased by 13.59% to $78.54. The market value of their outstanding shares is at $6.4 billion. The company's, Q1 earnings came out today. </li>
<li><strong>Stem</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STEM#NYSE">STEM</a>) stock decreased by 13.09% to $1.66. The company's market cap stands at $268.1 million. The company's, Q1 earnings came out today. </li>
<li><strong>LSI Industries</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYTS#NASDAQ">LYTS</a>) stock decreased by 8.79% to $13.61. The market value of their outstanding shares is at $395.6 million. </li>
<li><strong>Custom Truck One Source</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CTOS#NYSE">CTOS</a>) shares fell 8.17% to $4.5. The market value of their outstanding shares is at $1.0 billion. As per the press release, Q1 earnings came out today. </li>
<li><strong>JanOne</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JAN#NASDAQ">JAN</a>) shares fell 6.88% to $3.66. The market value of their outstanding shares is at $31.4 million.<br />
<strong>See Also:</strong> <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


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12 Industrials Stocks Moving In Thursday's After-Market Session

<p>As the day concludes, <b>Matthews International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MATW#NASDAQ">MATW</a>)</b> is preparing to distribute a dividend payout of $0.24 per share, resulting in an annualized dividend yield of 2.82%. This payout is exclusive to investors who held the stock before the ex-dividend date on February 02, 2024.</p>
<h3>Matthews International Recent Dividend Payouts</h3>
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<thead>
<tr>
<th><strong>Ex-Date</strong></th>
<th style="text-align: right;"><strong>Payments per year</strong></th>
<th><strong>Dividend</strong></th>
<th><strong>Yield</strong></th>
<th><strong>Announced</strong></th>
<th><strong>Record</strong></th>
<th><strong>Payable</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>2024-02-02</td>
<td style="text-align: right;">4</td>
<td>$0.24</td>
<td>2.82%</td>
<td>2024-01-24</td>
<td>2024-02-05</td>
<td>2024-02-19</td>
</tr>
<tr>
<td>2023-11-24</td>
<td style="text-align: right;">4</td>
<td>$0.24</td>
<td>2.46%</td>
<td>2023-11-15</td>
<td>2023-11-27</td>
<td>2023-12-11</td>
</tr>
<tr>
<td>2023-08-04</td>
<td style="text-align: right;">4</td>
<td>$0.23</td>
<td>1.92%</td>
<td>2023-07-26</td>
<td>2023-08-07</td>
<td>2023-08-21</td>
</tr>
<tr>
<td>2023-05-05</td>
<td style="text-align: right;">4</td>
<td>$0.23</td>
<td>2.54%</td>
<td>2023-04-26</td>
<td>2023-05-08</td>
<td>2023-05-22</td>
</tr>
<tr>
<td>2023-02-03</td>
<td style="text-align: right;">4</td>
<td>$0.23</td>
<td>2.54%</td>
<td>2023-01-25</td>
<td>2023-02-06</td>
<td>2023-02-20</td>
</tr>
<tr>
<td>2022-11-25</td>
<td style="text-align: right;">4</td>
<td>$0.23</td>
<td>3.3%</td>
<td>2022-11-16</td>
<td>2022-11-28</td>
<td>2022-12-12</td>
</tr>
<tr>
<td>2022-08-05</td>
<td style="text-align: right;">4</td>
<td>$0.22</td>
<td>3.27%</td>
<td>2022-07-27</td>
<td>2022-08-08</td>
<td>2022-08-22</td>
</tr>
<tr>
<td>2022-05-06</td>
<td style="text-align: right;">4</td>
<td>$0.22</td>
<td>2.97%</td>
<td>2022-04-28</td>
<td>2022-05-09</td>
<td>2022-05-23</td>
</tr>
<tr>
<td>2022-02-04</td>
<td style="text-align: right;">4</td>
<td>$0.22</td>
<td>2.59%</td>
<td>2022-01-27</td>
<td>2022-02-07</td>
<td>2022-02-21</td>
</tr>
<tr>
<td>2021-11-26</td>
<td style="text-align: right;">4</td>
<td>$0.22</td>
<td>2.28%</td>
<td>2021-11-17</td>
<td>2021-11-29</td>
<td>2021-12-13</td>
</tr>
<tr>
<td>2021-08-06</td>
<td style="text-align: right;">4</td>
<td>$0.21</td>
<td>2.55%</td>
<td>2021-07-28</td>
<td>2021-08-09</td>
<td>2021-08-23</td>
</tr>
<tr>
<td>2021-05-07</td>
<td style="text-align: right;">4</td>
<td>$0.21</td>
<td>1.99%</td>
<td>2021-04-28</td>
<td>2021-05-10</td>
<td>2021-05-24</td>
</tr>
</tbody>
</table>
<p>With a dividend yield that places it neither at the top nor the bottom, Matthews International finds itself in the middle among its industry peers, while <b>Civeo (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVEO#NYSE">CVEO</a>)</b> boasts the highest annualized dividend yield at 4.42%.</p>
<h3>Analyzing Matthews International Financial Health</h3>
<p>Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing. </p>
<h3>YoY Growth in Dividend Per Share</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1708355110_0.png" alt="dividend chart graph" /></p>
<p>From 2020 to 2023, the company's dividend per share showed a positive trend, increasing steadily from $0.84 in 2020 to $0.93 in 2023. This demonstrates the company's commitment to rewarding shareholders by consistently raising dividends.</p>
<h3>YoY Earnings Growth For Matthews International</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1708355110_1.png" alt="earning chart graph" /></p>
<p>From 2020 to 2023, Matthews International experienced a decrease in earnings per share, dropping from $3.01 to $2.88. This declining earnings trend may be worrisome for income-seeking investors, as it indicates a potential impact on the company's ability to sustain or increase its cash dividend payouts. Further analysis is necessary to understand the underlying reasons for this decrease.</p>
<h3>Recap</h3>
<p>This article provides an in-depth analysis of Matthews International's recent dividend distribution and the impact it has on shareholders. The company is currently distributing a dividend of $0.24 per share, resulting in an annualized dividend yield of 2.82%.</p>
<p>With a dividend yield that places it neither at the top nor the bottom, Matthews International finds itself in the middle among its industry peers, while Civeo boasts the highest annualized dividend yield at 4.42%.</p>
<p>The rising dividend per share and declining earnings per share of Matthews International from 2020 to 2023 indicate a deliberate choice to prioritize dividend distribution over earnings performance.</p>
<p>Investors should closely follow the company's performance in the coming quarters to stay up-to-date on any shifts in financials or dividend disbursements.</p>
<p>[See current stock movements Matthews International on Benzinga.](https://www.benzinga.com/quote/<b>Matthews International (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/matw#NASDAQ">MATW</a>)</b>)</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


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Matthews International Continues Support to Investors while Adjusting Profits, Adapting to Market Pressures

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Shares of several companies in the broader industrial sector are trading lower as stocks fall following a greater-than-expected increase in January inflation data.

<p>B. Riley Securities  analyst Liam Burke   maintains Matthews International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MATW#NASDAQ">MATW</a>) with a Buy and lowers the price target from $61 to $59.</p>


B. Riley Securities Maintains Buy on Matthews International, Lowers Price Target to $59

<p><strong>Matthews International</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MATW#NASDAQ">MATW</a>) reported its Q1 earnings results on Thursday, February 1, 2024 at 04:15 PM.</p>
<p>Here's what investors need to know about the announcement.</p>
<h3>Earnings</h3>
<p>Matthews International reported in-line EPS of $0.37 versus an estimate of $0.37.</p>
<p>Revenue was up $746 thousand from the same period last year.</p>
<h3>Past Earnings Performance</h3>
<p>Last quarter the company beat on EPS by $0.06 which was followed by a 3.85% drop in the share price the next day.</p>
<p>Here's a look at Matthews International's past performance:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q4 2023</strong></th>
<th><strong>Q3 2023</strong></th>
<th><strong>Q2 2023</strong></th>
<th><strong>Q1 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>0.90</td>
<td>0.63</td>
<td>0.51</td>
<td>0.54</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>0.96</td>
<td>0.74</td>
<td>0.65</td>
<td>0.53</td>
</tr>
<tr>
<td><strong>Revenue Estimate</strong></td>
<td>483.00M</td>
<td>464.28M</td>
<td>448.14M</td>
<td>431.60M</td>
</tr>
<tr>
<td><strong>Revenue Actual</strong></td>
<td>480.17M</td>
<td>471.91M</td>
<td>479.58M</td>
<td>449.24M</td>
</tr>
</tbody>
</table>
</p>
<p>To track all earnings releases for Matthews International <a href="https://www.benzinga.com/quote/MATW/earnings">visit their earnings calendar here.</a> </p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Matthews International: Q1 Earnings Insights

<p>Matthews International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MATW#NASDAQ">MATW</a>) reported quarterly earnings of $0.37 per share which met the analyst consensus estimate. This is a 30.19 percent decrease over earnings of $0.53 per share from the same period last year.  The company reported quarterly sales of $449.99 million which beat the analyst consensus estimate of $437.80 million by 2.78 percent.  This is a 0.17 percent increase over sales of $449.24 million the same period last year.</p>


Matthews International Q1 Adj EPS $0.37, Inline, Sales $449.99M Beat $437.80M Estimate

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Earnings Scheduled For February 1, 2024

<p><strong>Matthews International</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MATW#NASDAQ">MATW</a>) is set to give its latest quarterly earnings report on Thursday, 2024-02-01. Here's what investors need to know before the announcement.</p>
<p>Analysts estimate that Matthews International will report an <strong>earnings per share</strong> (EPS) of $0.37. </p>
<p>Matthews International bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.</p>
<p>New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).</p>
<h3>Past Earnings Performance</h3>
<p>Last quarter the company beat EPS by $0.06, which was followed by a 3.85% drop in the share price the next day.</p>
<p>Here's a look at Matthews International's past performance and the resulting price change:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q4 2023</strong></th>
<th><strong>Q3 2023</strong></th>
<th><strong>Q2 2023</strong></th>
<th><strong>Q1 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>0.90</td>
<td>0.63</td>
<td>0.51</td>
<td>0.54</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>0.96</td>
<td>0.74</td>
<td>0.65</td>
<td>0.53</td>
</tr>
<tr>
<td><strong>Price Change %</strong></td>
<td>-3.85%</td>
<td>-3.29%</td>
<td>5.58%</td>
<td>-7.93%</td>
</tr>
</tbody>
</table>
</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1706724111_0.png" alt="eps graph" /></p>
<h3>Stock Performance</h3>
<p>Shares of Matthews International were trading at $34.23 as of January 30. Over the last 52-week period, shares are down 11.84%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release. </p>
<p><a href="https://www.benzinga.com/quote/MATW/earnings"><strong>To track all earnings releases for Matthews International visit their earnings calendar on our site.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Earnings Outlook For Matthews International

<p>Thursday marks the last chance for investors to receive the next  dividend payout from <strong>Matthews International</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MATW#NASDAQ">MATW</a>). </p>
<h3>What's Happening</h3>
<p>The company announced on Wednesday that it would pay shareholders a quarterly dividend of 24 cents per share. On Friday, Matthews International will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 24 cents lower than it would have opened on any other day.</p>
<p>In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Friday. Shareholders who own MATW as of the end of Thursday's session are eligible to receive the 24 cents dividend payout for every share that they own. </p>
<p>According to the company, this dividend will be paid out to shareholders on February 19, 2024. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. </p>
<p><a href="https://www.benzinga.com/quote/MATW">Monitor live stock price updates for Matthews International on Benzinga.</a></p>


Matthews International's Ex-Dividend Date Is Friday, Here's What You Need To Know

<p>At the end of today, December 11, 2023, <b>Matthews International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MATW#NASDAQ">MATW</a>)</b> will distribute a dividend payout of $0.24 per share, translating to an annualized dividend yield of 2.46%. Shareholders who held the stock before the ex-dividend date on November 24, 2023 will benefit from this payout.</p>
<h3>Matthews International Recent Dividend Payouts</h3>
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            font-size: 12px;
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    </style><table>
<thead>
<tr>
<th><strong>Ex-Date</strong></th>
<th style="text-align: right;"><strong>Payments per year</strong></th>
<th><strong>Dividend</strong></th>
<th><strong>Yield</strong></th>
<th><strong>Announced</strong></th>
<th><strong>Record</strong></th>
<th><strong>Payable</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>2023-11-24</td>
<td style="text-align: right;">4</td>
<td>$0.24</td>
<td>2.46%</td>
<td>2023-11-15</td>
<td>2023-11-27</td>
<td>2023-12-11</td>
</tr>
<tr>
<td>2023-08-04</td>
<td style="text-align: right;">4</td>
<td>$0.23</td>
<td>1.92%</td>
<td>2023-07-26</td>
<td>2023-08-07</td>
<td>2023-08-21</td>
</tr>
<tr>
<td>2023-05-05</td>
<td style="text-align: right;">4</td>
<td>$0.23</td>
<td>2.54%</td>
<td>2023-04-26</td>
<td>2023-05-08</td>
<td>2023-05-22</td>
</tr>
<tr>
<td>2023-02-03</td>
<td style="text-align: right;">4</td>
<td>$0.23</td>
<td>2.54%</td>
<td>2023-01-25</td>
<td>2023-02-06</td>
<td>2023-02-20</td>
</tr>
<tr>
<td>2022-11-25</td>
<td style="text-align: right;">4</td>
<td>$0.23</td>
<td>3.3%</td>
<td>2022-11-16</td>
<td>2022-11-28</td>
<td>2022-12-12</td>
</tr>
<tr>
<td>2022-08-05</td>
<td style="text-align: right;">4</td>
<td>$0.22</td>
<td>3.27%</td>
<td>2022-07-27</td>
<td>2022-08-08</td>
<td>2022-08-22</td>
</tr>
<tr>
<td>2022-05-06</td>
<td style="text-align: right;">4</td>
<td>$0.22</td>
<td>2.97%</td>
<td>2022-04-28</td>
<td>2022-05-09</td>
<td>2022-05-23</td>
</tr>
<tr>
<td>2022-02-04</td>
<td style="text-align: right;">4</td>
<td>$0.22</td>
<td>2.59%</td>
<td>2022-01-27</td>
<td>2022-02-07</td>
<td>2022-02-21</td>
</tr>
<tr>
<td>2021-11-26</td>
<td style="text-align: right;">4</td>
<td>$0.22</td>
<td>2.28%</td>
<td>2021-11-17</td>
<td>2021-11-29</td>
<td>2021-12-13</td>
</tr>
<tr>
<td>2021-08-06</td>
<td style="text-align: right;">4</td>
<td>$0.21</td>
<td>2.55%</td>
<td>2021-07-28</td>
<td>2021-08-09</td>
<td>2021-08-23</td>
</tr>
<tr>
<td>2021-05-07</td>
<td style="text-align: right;">4</td>
<td>$0.21</td>
<td>1.99%</td>
<td>2021-04-28</td>
<td>2021-05-10</td>
<td>2021-05-24</td>
</tr>
<tr>
<td>2021-02-05</td>
<td style="text-align: right;">4</td>
<td>$0.21</td>
<td>2.73%</td>
<td>2021-01-27</td>
<td>2021-02-08</td>
<td>2021-02-22</td>
</tr>
</tbody>
</table>
<p>When comparing Matthews International's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer <b>Civeo (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVEO#NYSE">CVEO</a>)</b> having the highest annualized dividend yield at 4.35%.</p>
<h3>Analyzing Matthews International Financial Health</h3>
<p>Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing. </p>
<h3>YoY Growth in Dividend Per Share</h3>
<p><img src="https://www.benzinga.com/files/images/story/2023/1702307121_0.png" alt="dividend chart graph" /></p>
<p>From 2019 to 2022, the company's dividend per share showed a positive trend, increasing steadily from $0.81 in 2019 to $0.89 in 2022. This demonstrates the company's commitment to rewarding shareholders by consistently raising dividends.</p>
<h3>YoY Earnings Growth For Matthews International</h3>
<p><img src="https://www.benzinga.com/files/images/story/2023/1702307121_1.png" alt="earning chart graph" /></p>
<p>The earnings chart above reveals a decrease in Matthews International's earnings per share, declining from $3.31 in 2019 to $2.88 in 2022. This could raise concerns for income-seeking investors, as it suggests a decline in the company's profitability. It is crucial to closely monitor the situation and assess the factors contributing to this decrease, as it may have implications for future cash dividend payouts.</p>
<h3>Recap</h3>
<p>This article provides an in-depth analysis of Matthews International's recent dividend distribution and the impact it has on shareholders. The company is currently distributing a dividend of $0.24 per share, resulting in an annualized dividend yield of 2.46%.</p>
<p>When comparing Matthews International's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Civeo having the highest annualized dividend yield at 4.35%.</p>
<p>The rising dividend per share and declining earnings per share of Matthews International from 2019 to 2022 indicate a deliberate choice to prioritize dividend distribution over earnings performance.</p>
<p>Keeping a vigilant eye on the company's performance in the coming quarters will allow investors to stay current with any variations in financials or dividend disbursements.</p>
<p>[Click here](<a href="https://www.benzinga.com/stock//dividends" title="https://www.benzinga.com/stock//dividends">https://www.benzinga.com/stock//dividends</a>) to find details on Matthews International's previous dividends.</p>
<p>To keep track of which companies are distributing dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar.  </p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


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