Ryder Increases Quarterly Cash Dividend
MIAMI--(BUSINESS WIRE)--Jul 13, 2018--The Board of Directors of Ryder System, Inc. (NYSE: R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions, today declared a regular quarterly cash dividend of $0.54 per share of common stock, to be paid on September 21, 2018, to shareholders of record on August 20, 2018. This dividend reflects an increase of $0.02 from the $0.52 cash dividend that Ryder declared on February 12, 2018. This is Ryder’s 168 th consecutive quarterly cash dividend – marking more than 42 years of uninterrupted dividend payments.
Ryder is a FORTUNE 500® commercial fleet management, dedicated transportation, and supply chain solutions company. Ryder’s stock (NYSE:R) is a component of the Dow Jones Transportation Average and the S&P MidCap 400® index. Ryder has been named among FORTUNE ’s World’s Most Admired Companies, and has been recognized for its industry-leading practices in third-party logistics, environmentally-friendly fleet and supply chain solutions, and world-class safety and security programs. The Company is a proud member of the American Red Cross Disaster Responder Program, supporting national and local disaster preparedness and response efforts. For more information, visit www.ryder.com, and follow us on our Online Newsroom and social media pages: Facebook, LinkedIn, Twitter, and YouTube.
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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CONTACT: Ryder System, Inc.
Media: Jonathan Mayor, 305-500-3161
Investor Relations: Bob Brunn, 305-500-4053
KEYWORD: UNITED STATES NORTH AMERICA FLORIDA
INDUSTRY KEYWORD: TRANSPORT MARITIME RAIL TRUCKING OTHER TRANSPORT MANUFACTURING LOGISTICS/SUPPLY CHAIN MANAGEMENT AUTOMOTIVE MANUFACTURING AUTOMOTIVE FLEET MANAGEMENT
SOURCE: Ryder System, Inc.
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PUB: 07/13/2018 04:30 PM/DISC: 07/13/2018 04:31 PM