Expeditors Announces Cash Dividend Increase
Business Editors
SEATTLE--(BUSINESS WIRE)--May 9, 2005--Expeditors International of Washington, Inc. (Nasdaq:EXPD), today announced that its Board of Directors has declared a semi-annual cash dividend of $.15 per share, a 36% increase from the $.11 per share semi-annual dividend declared in 2004. The dividend will be payable on June 15, 2005, to shareholders of record as of June 1, 2005.
Expeditors is a global logistics company headquartered in Seattle, Washington. The company employs trained professionals in 159 full-service offices, 53 satellite locations and 7 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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CONTACT: Expeditors International of Washington, Inc. R. Jordan Gates, 206-674-3427
KEYWORD: WASHINGTON INDUSTRY KEYWORD: AIRLINES TRANSPORTATION DIVIDEND SOURCE: Expeditors International of Washington, Inc.
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