Expeditors International Receives Top Honors as Dividend Leader in Dow Transports
Expeditors International of Washington, Inc. (Symbol: EXPD) has earned the title of ”Top Dividend Stock of the Dow Transports,” as revealed in the latest ”DividendRank” report by Dividend Channel. The report indicated that EXPD shares not only exhibit appealing valuation metrics but also demonstrate robust profitability. Additionally, it pointed out Expeditors’ consistent semi-annual dividend history and strong long-term growth rates in key financial aspects.
The report emphasizes, ”Dividend investors looking for value typically focus on identifying the most profitable companies, particularly those trading at attractive valuations. Our proprietary DividendRank formula is designed to highlight such stocks, ranking them according to profitability and valuation. This list serves as a resource for investors seeking further research opportunities.”
Notably, the Dow Jones Transportation Average, or ”Dow Transports,” is older than the Dow Jones Industrial Average and is broadly recognized as the leading index for the U.S. transportation sector. Investors can learn more about the most popular ETF that tracks the Dow Transports and view its components and weighting by visiting ETFChannel.com.
Currently, Expeditors International pays an annualized dividend of $1.46 per share, distributed in semi-annual payments, with its next ex-dividend date set for 12/02/2024. The following chart illustrates EXPD’s long-term dividend history, which the report highlights as essential for assessing the sustainability of recent dividends.
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