BELLEVUE, Wash.--(BUSINESS WIRE)--May 05, 2026--
Expeditors International of Washington, Inc. $(EXPD)$ today announced that on May 4, 2026 its Board of Directors declared a semi-annual cash dividend of $0.81 per share, payable on June 15, 2026 to shareholders of record as of June 1, 2026.
"Since 2024, we have returned nearly $2 billion to shareholders in dividends and share repurchases," said David A. Hackett, Senior Vice President and Chief Financial Officer. "In addition, in February of this year our Board authorized a new share repurchase program that permits the repurchase of up to $3 billion of our common stock. With our history of being a dividend aristocrat, combined with this 5% dividend increase and our new $3 billion share repurchase program, we demonstrate our commitment to returning substantial cash to our shareholders."
About Expeditors International of Washington, Inc:
Expeditors is a global logistics company headquartered in Bellevue, Washington. The Company employs trained professionals in 171 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.
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CONTACT: Daniel R. Wall
President and Chief Executive Officer
(206) 674-3455
David A. Hackett
Senior Vice President and Chief Financial Officer
(206) 674-3400
Geoffrey Buscher
Director - Investor Relations
(206) 892-4510
(END) Dow Jones Newswires
May 05, 2026 16:15 ET (20:15 GMT)
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