Ryder Declares Quarterly Cash Dividend

Rhea-AI Summary

Ryder System, Inc. (NYSE: R) has declared a cash dividend of $0.58 per share, marking its 181st consecutive quarter of dividend payments, solidifying over 45 years of uninterrupted distributions. The dividend will be paid on December 17, 2021 to shareholders of record as of November 22, 2021. This consistent dividend payout reflects Ryder's ongoing commitment to returning value to shareholders and its strong market position in logistics and transportation services.

Positive

• Quarterly cash dividend of $0.58 per share supports shareholder income.
• Continued dividend payments for over 45 years demonstrate financial stability and confidence.

Negative

• None.

Company Pays Dividend for 181^st 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 December 17, 2021 to shareholders of record on November 22, 2021.

This is Ryder’s 181^st 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/20211014006096/en/

Media:

Amy Federman

(305) 500-4989



Investor Relations:

Bob Brunn

(305) 500-4053

Source: Ryder System, Inc.

FAQ

What is the dividend amount declared by Ryder (NYSE: R)?

Ryder has declared a cash dividend of $0.58 per share.

When will Ryder's dividend be paid?

The dividend will be paid on December 17, 2021.

What is the record date for Ryder's dividend?

The record date for the dividend is November 22, 2021.

How long has Ryder been paying dividends?

Ryder has paid dividends for 181 consecutive quarters, which is over 45 years.