Ryder System, Inc. (NYSE:R – Get Free Report) declared a quarterly dividend on Friday, May 1st. Investors of record on Monday, May 18th will be paid a dividend of 0.91 per share by the transportation company on Friday, June 19th. This represents a c) dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Monday, May 18th.
Ryder System has raised its dividend by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 20 years. Ryder System has a dividend payout ratio of 24.8% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Ryder System to earn $17.42 per share next year, which means the company should continue to be able to cover its $3.64 annual dividend with an expected future payout ratio of 20.9%.
Ryder System Stock Performance
NYSE:R opened at $231.04 on Friday. The stock has a 50-day moving average price of $216.75 and a 200 day moving average price of $200.03. The stock has a market capitalization of $8.94 billion, a P/E ratio of 19.21 and a beta of 1.04. Ryder System has a 12-month low of $143.34 and a 12-month high of $259.00. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 2.09.
Ryder System Company Profile
Ryder System, Inc is a leading provider of transportation and supply chain management solutions, serving commercial customers across a range of industries. The company’s Fleet Management Solutions segment offers full-service leasing and rental of medium- and heavy-duty trucks, tractors and trailers, along with maintenance and repair services at its network of service locations. Its Supply Chain Solutions segment provides integrated, technology-driven offerings that span managed transportation, dedicated contract carriage, warehousing and distribution, and e-commerce fulfillment.
Founded in 1933 and headquartered in Miami, Florida, Ryder has grown from a regional truck leasing operation into a diversified, global logistics provider.
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