Ryder Declares Quarterly Cash Dividend

Rhea-AI Summary

Ryder System, Inc. (NYSE: R) has declared a regular quarterly cash dividend of $0.71 per share, paying on June 21, 2024, to shareholders of record on May 20, 2024. This marks Ryder's 191st consecutive quarterly dividend payment, demonstrating over 47 years of consistent dividend distribution.

Positive

• Ryder System, Inc. (NYSE: R) has a strong track record of consistency by declaring its 191st consecutive quarterly cash dividend.

• The dividend of $0.71 per share demonstrates the company's commitment to rewarding its shareholders.

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• None.

Company Pays Dividend for 191^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, declared a regular quarterly cash dividend of $0.71 per share of common stock to be paid on June 21, 2024 to shareholders of record on May 20, 2024.

This is Ryder’s 191^st consecutive quarterly cash dividend – marking more than 47 years of uninterrupted dividend payments.

About Ryder System, Inc.

Ryder System, Inc. (NYSE: R) is a fully integrated port-to-door logistics and transportation company. It provides supply chain, dedicated transportation, and fleet management solutions, including warehousing and distribution, contract manufacturing and packaging, e-commerce fulfillment, last-mile delivery, managed transportation, professional drivers, freight brokerage, nearshoring solutions, full-service leasing, maintenance, commercial truck rental, and used vehicle sales to some of the world’s most-recognized brands. Ryder provides services throughout the United States, Mexico, and Canada. In addition, Ryder manages nearly 250,000 commercial vehicles, services fleets at 760 maintenance locations, and operates nearly 300 warehouses encompassing more than 100 million square feet. Ryder is regularly recognized for its industry-leading practices; technology-driven innovations; corporate responsibility; environmental management; safety, health 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/20240503925064/en/

Jonathan Mayor, jonathan_c_mayor@ryder.com

Amy Federman, afederman@ryder.com

Source: Ryder System, Inc.

FAQ

<p>When will Ryder's quarterly cash dividend be paid?</p>

Ryder's quarterly cash dividend will be paid on June 21, 2024.

<p>What is the amount of Ryder's regular quarterly cash dividend per share?</p>

Ryder's regular quarterly cash dividend per share is $0.71.

<p>How many years of uninterrupted dividend payments does Ryder's latest declaration mark?</p>

Ryder's latest declaration marks over 47 years of uninterrupted dividend payments.