Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - EXPEDITORS INTERNATIONAL OF WASHINGTON INC | d8k.htm |
Exhibit 99.1
| PRESS RELEASE |
|
| By: | Expeditors International of Washington, Inc. | |
| 1015 Third Avenue, Suite 1200 | ||
| Seattle, Washington 98104 |
| CONTACTS: | R. Jordan Gates | Bradley S. Powell | ||
| President and Chief Operating Officer | Chief Financial Officer | |||
| (206) 674-3427 | (206) 674-3412 |
FOR IMMEDIATE RELEASE
EXPEDITORS ANNOUNCES SEMI-ANNUAL CASH DIVIDEND OF $.25
SEATTLE, WASHINGTON – May 5, 2011, Expeditors International of Washington, Inc.
(NASDAQ: EXPD), today announced that its Board of Directors has declared a semi-annual cash dividend of $.25 per share, a 25% increase from the $.20 per share semi-annual dividend declared in 2010. The dividend will be payable on June 15, 2011 to shareholders of record as of June 1, 2011.
Expeditors is a global logistics company headquartered in Seattle, Washington. The company employs trained professionals in 184 full-service offices, 65 satellite locations and 2 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.