The company scheduled the payment for September 18 for all shareholders of record as of August 24. This latest distribution marks a significant milestone for the logistics firm, representing its 200th consecutive quarterly dividend payout. The move follows the company’s closing stock price of $269.63 on Thursday, signaling a sustained commitment to returning capital to investors.
Ryder Lifts Quarterly Dividend to $1.01 Per Share
Ryder System is rewarding its shareholders with an 11% increase in its quarterly cash dividend, pushing the payout to $1.01 per share. This adjustment, up from the previous 91 cents, reflects a forward-looking annual rate of $4.04 and establishes a dividend yield of approximately 1.5% based on recent market pricing.
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