Ryder Declares Quarterly Cash Dividend

Rhea-AI Summary

Ryder System, Inc. (NYSE: R) declared a quarterly cash dividend of $0.56 per share, payable on June 18, 2021, to shareholders of record on May 24, 2021. This marks the company's 179th consecutive quarterly dividend, reflecting over 44 years of uninterrupted payments. Ryder is a leader in supply chain, dedicated transportation, and fleet management solutions, operating nearly 235,000 commercial vehicles and over 300 warehouses across the U.S., Canada, Mexico, and the U.K.

Positive

• Quarterly cash dividend of $0.56 per share indicates strong cash flow.
• 179th consecutive dividend demonstrates reliable income for shareholders.
• Over 44 years of uninterrupted dividend payments showcases company stability.

Negative

• None.

The Board of Directors of Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, today declared a regular quarterly cash dividend of $0.56 per share of common stock, to be paid on June 18, 2021, to shareholders of record on May 24, 2021.

This is Ryder’s 179^th consecutive quarterly cash dividend – marking more than 44 years of uninterrupted dividend payments.

About Ryder

Ryder System, Inc. (NYSE: R) is a leading logistics and transportation company. It provides supply chain, dedicated transportation, and fleet management solutions, including full service leasing, rental, and maintenance, used vehicle sales, professional drivers, transportation services, freight brokerage, warehousing and distribution, e-commerce fulfillment, and last mile delivery services, to some world’s most-recognized brands. Ryder provides services throughout the United States, Mexico, Canada, and the United Kingdom. In addition, Ryder manages nearly 235,000 commercial vehicles and operates more than 300 warehouses encompassing approximately 64 million square feet. Ryder is regularly recognized for its industry-leading practices in third-party logistics, technology-driven innovations, commercial vehicle maintenance, environmentally friendly solutions, corporate social responsibility, world-class safety and security programs, military veteran recruitment initiatives, and the hiring of a diverse workforce. www.ryder.com

Note Regarding Forward-Looking Statements: Certain statements and information included in this news release are "forward-looking statements" within the meaning of the Federal Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on our current plans and expectations and are subject to risks, uncertainties and assumptions. Accordingly, these forward-looking statements should be evaluated with consideration given to the many risks and uncertainties that could cause actual results and events to differ materially from those in the forward-looking statements including those risks set forth in our periodic filings with the Securities and Exchange Commission. New risks emerge from time to time. It is not possible for management to predict all such risk factors or to assess the impact of such risks on our business. Accordingly, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

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FAQ

What is the dividend amount declared by Ryder System, Inc.?

Ryder System, Inc. declared a quarterly cash dividend of $0.56 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on June 18, 2021.

What is the record date for Ryder's dividend?

The record date for the dividend is May 24, 2021.

How long has Ryder System, Inc. been paying dividends?

Ryder System, Inc. has paid dividends for over 44 years, marking its 179th consecutive quarterly dividend.