Ryder System, Inc. (NYSE:R – Get Free Report) announced a quarterly dividend on Friday, May 1st. Shareholders of record on Monday, May 18th will be given a dividend of 0.91 per share by the transportation company on Friday, June 19th. This represents a c) annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Monday, May 18th.
Ryder System has increased its dividend by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 20 consecutive years. Ryder System has a payout ratio of 24.8% meaning its dividend is sufficiently covered by earnings. Equities research 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. Ryder System has a 1 year low of $143.34 and a 1 year high of $259.00. The company has a debt-to-equity ratio of 2.09, a current ratio of 0.68 and a quick ratio of 0.68. The stock has a market capitalization of $8.94 billion, a PE ratio of 19.21 and a beta of 1.04. The company’s 50 day simple moving average is $216.75 and its two-hundred day simple moving average is $200.03.
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.
Featured Stories
- Five stocks we like better than Ryder System
- Peloton Stock Gives Back Gains After Upbeat Earnings Report
- MarketBeat Week in Review – 05/11 – 05/15
- Viking Sails to All-Time Highs—Fundamentals Signal More to Come
- Datavalut Gains Traction: 5 Reasons to Sell Now
Receive News & Ratings for Ryder System Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ryder System and related companies with MarketBeat.com's FREE daily email newsletter.
