DividendMay 5, 2026, 04:28 PM
Expeditors Declares $0.81 Semi-Annual Dividend; Authorizes $3B Buyback
AI Summary
Expeditors International of Washington, Inc. announced a semi-annual cash dividend of $0.81 per share, reflecting a 5% increase. The dividend is scheduled for payment on June 15, 2026, to shareholders of record as of June 1, 2026. The company emphasized its commitment to shareholder returns, noting nearly $2 billion returned since 2024 and a newly authorized $3 billion share repurchase program.
Key Highlights
- Expeditors declared a semi-annual cash dividend of $0.81 per share.
- The dividend represents a 5% increase.
- The dividend is payable on June 15, 2026.
- Shareholders of record as of June 1, 2026, will receive the dividend.
- Company has returned nearly $2 billion to shareholders since 2024.
- Board authorized a new share repurchase program of up to $3 billion.