Expeditors Announces Semi-Annual Cash Dividend of $0.67

Rhea-AI Summary

Expeditors International of Washington (NASDAQ: EXPD) has declared a semi-annual cash dividend of $0.67 per share. This dividend will be payable on December 15, 2022, to shareholders of record by December 1, 2022. The company, based in Seattle, operates a global logistics network with services including air and ocean freight forwarding, customs brokerage, cargo insurance, and warehousing. Expeditors is dedicated to providing integrated logistics solutions through its extensive operations across six continents.

Positive

• Declared a semi-annual cash dividend of $0.67 per share.
• Dividend payable on December 15, 2022, demonstrating ongoing shareholder return.

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• None.

SEATTLE--(BUSINESS WIRE)-- Expeditors International of Washington, Inc. (NASDAQ: EXPD), today announced that on November 7, 2022 its Board of Directors declared a semi-annual cash dividend of $0.67 per share, payable on December 15, 2022 to shareholders of record as of December 1, 2022.

Expeditors is a global logistics company headquartered in Seattle, Washington. The Company employs trained professionals in 176 district offices and numerous branch locations located on six continents linked into a seamless worldwide network through an integrated information management system. Services include the consolidation or forwarding of air and ocean freight, customs brokerage, vendor consolidation, cargo insurance, time-definite transportation, order management, warehousing and distribution and customized logistics solutions.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221108006004/en/

Jeffrey S. Musser

President and Chief Executive Officer

(206) 674-3433



Bradley S. Powell

Senior Vice President and Chief Financial Officer

(206) 674-3412



Geoffrey Buscher

Director - Investor Relations

(206) 892-4510

Source: Expeditors International of Washington, Inc.

FAQ

What is the dividend amount declared by Expeditors International?

Expeditors International declared a dividend of $0.67 per share.

When is the Expeditors International dividend payable?

The dividend is payable on December 15, 2022.

What is the record date for the Expeditors International dividend?

The record date for the dividend is December 1, 2022.

How often does Expeditors International pay dividends?

Expeditors International typically pays dividends semi-annually.