Expeditors Announces Cash Dividend Increase
04 Mai 2006 - 1:20AM
Business Wire
Expeditors International of Washington, Inc. (Nasdaq:EXPD), today
announced that its Board of Directors has declared a semi-annual
cash dividend of $.22 per share, a 46% increase from the $.15 per
share semi-annual dividend declared in 2005. The dividend will be
payable on June 15, 2006 to shareholders of record as of June 1,
2006. This $.22 per share cash dividend does not take into account
the previously announced 2-for-1 stock split payable to
shareholders of record as of June 9, 2006. Expeditors is a global
logistics company headquartered in Seattle, Washington. The company
employs trained professionals in 166 full-service offices, 56
satellite locations and 5 international service centers located on
six continents linked into a seamless worldwide network through an
integrated information management system. Services include air and
ocean freight forwarding, vendor consolidation, customs clearance,
marine insurance, distribution and other value added international
logistics services.
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