Ryder Declares Quarterly Cash Dividend

Rhea-AI Summary

Ryder System, Inc. (NYSE: R) has announced a quarterly cash dividend of $0.58 per share, to be paid on March 18, 2022, to shareholders of record on February 22, 2022. This marks the company's 182^nd consecutive quarterly dividend, demonstrating over 45 years of uninterrupted dividend payments. Ryder is recognized for its logistics and transportation solutions, managing nearly 235,000 vehicles and over 300 warehouses across multiple regions.

Positive

• Quarterly cash dividend of $0.58 per share.
• 182nd consecutive dividend payment, signaling strong financial stability.
• Maintains a robust presence with nearly 235,000 vehicles and 300 warehouses.

Negative

• None.

Company Pays Dividend for 182^nd Consecutive Quarter

MIAMI--(BUSINESS WIRE)-- 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 $0.58 per share of common stock to be paid on March 18, 2022 to shareholders of record on February 22, 2022.

This is Ryder’s 182nd consecutive quarterly cash dividend – marking more than 45 years of uninterrupted dividend payments. (Photo: Business Wire)

This is Ryder’s 182^nd consecutive quarterly cash dividend – marking more than 45 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.

ryder-financial

View source version on businesswire.com: https://www.businesswire.com/news/home/20220211005588/en/

Media:

Amy Federman

(305) 500-4989

Investor Relations:

Bob Brunn

(305) 500-4053

Source: Ryder System, Inc.

FAQ

What is the dividend amount for Ryder System, Inc. for Q1 2022?

Ryder System, Inc. declared a dividend of $0.58 per share for Q1 2022.

When will Ryder's dividend be paid?

The dividend will be paid on March 18, 2022.

When is the record date for Ryder's dividend?

The record date for the dividend is February 22, 2022.

How many consecutive quarters has Ryder paid dividends?

Ryder has paid dividends for 182 consecutive quarters.

What is the significance of Ryder's dividend announcement?

The announcement highlights Ryder's commitment to returning value to shareholders and reflects its ongoing financial strength.