Expeditors International of Washington, Inc. Plans Dividend of $0.81 (NASDAQ:EXPD)

Expeditors International of Washington, Inc. (NASDAQ:EXPD) declared a dividend on Tuesday, May 5th. Investors of record on Monday, June 1st will be paid a dividend of 0.81 per share by the transportation company on Monday, June 15th. This represents a yield of 106.0%. The ex-dividend date of this dividend is Monday, June 1st.

Expeditors International of Washington has increased its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 31 years.

Expeditors International of Washington Stock Performance

Expeditors International of Washington stock opened at $155.49 on Wednesday. Expeditors International of Washington has a twelve month low of $106.22 and a twelve month high of $167.19. The firm has a market cap of $20.68 billion, a PE ratio of 27.21, a P/E/G ratio of 5.00 and a beta of 1.04. The firm’s 50 day moving average price is $145.25 and its two-hundred day moving average price is $146.49.

Expeditors International of Washington (NASDAQ:EXPD) last posted its quarterly earnings results on Tuesday, May 5th. The transportation company reported $1.71 earnings per share for the quarter, topping analysts’ consensus estimates of $1.33 by $0.38. Expeditors International of Washington had a net margin of 7.64% and a return on equity of 36.16%. Expeditors International of Washington’s revenue for the quarter was up 4.4% on a year-over-year basis. During the same period in the prior year, the firm earned $1.47 EPS. Equities analysts anticipate that Expeditors International of Washington will post 5.39 EPS for the current fiscal year.

About Expeditors International of Washington

Expeditors International of Washington is a global logistics and freight forwarding company headquartered in Seattle, Washington. The firm specializes in providing tailored supply chain solutions that encompass air, ocean and ground transportation. Through an integrated service model, Expeditors coordinates and manages the movement of goods for a diverse customer base, including manufacturers, retailers and technology companies.

The company’s core offerings include customs brokerage, cargo insurance, distribution and warehousing services, as well as vendor consolidation and inventory management.