On Thursday, Expeditors International (NASDAQ:EXPD) declared its semi-annual dividend of 28 cents per share, an increase of about 12% over its prior dividend. Based on the current stock price, investors can expect a yield of about 1.4% going forward.
Shares of EXPD were lower on Friday, falling 1.1% despite the dividend increase.
In other dividend news, Ecolab (NYSE:ECL) maintained its quarterly dividend of 20 cents per share. Prologis (NYSE:PLD) maintained its quarterly dividend of 28 cents per share. Vornado Realty Trust (NYSE:VNO) maintained its quarterly dividend of 69 cents per share. And Valero Energy (NYSE:VLO) maintained its quarterly dividend of 15 cents per share.
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