Expeditors International Of Washington Stock To Go Ex-dividend Tomorrow (EXPD)

NEW YORK ( TheStreet) -- The ex-dividend date for Expeditors International of Washington (Nasdaq: EXPD) is tomorrow, May 30, 2012. Owners of shares as of market close today will be eligible for a dividend of 28 cents per share. At a price of $38.93 as of 9:30 a.m. ET, the dividend yield is 1.5%.

The average volume for Expeditors International of Washington has been 2.2 million shares per day over the past 30 days. Expeditors International of Washington has a market cap of $8.17 billion and is part of the services sector and transportation industry. Shares are down 6.1% year to date as of the close of trading on Friday.

Expeditors International of Washington, Inc. provides logistics services in the United States and internationally. The company has a P/E ratio of 22.2, equal to the average transportation industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Expeditors International of Washington as a buy. Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Expeditors International of Washington Ratings Report.

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