Expeditors Announces Semi-Annual Cash Dividend Of $0.58

Rhea-AI Summary

Expeditors International of Washington (NASDAQ: EXPD) declared a $0.58 semi-annual cash dividend on November 1, 2021, payable on December 15, 2021. Shareholders of record as of December 1, 2021 will receive this dividend. Based in Seattle, Washington, Expeditors operates globally with a network of 176 district offices across six continents, offering comprehensive logistics services, including freight forwarding and customs brokerage.

Positive

• Declaration of a semi-annual cash dividend of $0.58 per share.
• Dividend payment date set for December 15, 2021.
• Company maintains a strong global presence with 176 offices.

Negative

• None.

SEATTLE--(BUSINESS WIRE)-- Expeditors International of Washington, Inc. (NASDAQ: EXPD), today announced that on November 1, 2021 its Board of Directors declared a semi-annual cash dividend of $0.58 per share, payable on December 15, 2021 to shareholders of record as of December 1, 2021.

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/20211102006157/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.