You Won’t Want to Miss This: Ryder System Declares Surprising Dividend! – Get the details here in this article. Ryder System, Inc. operates as a logistics and transportation company worldwide and has announced a dividend payout of $0.62 per stock.
This dividend announcement comes after a strong performance by the company in the fiscal year 2022, with Ryder System reporting total revenue of 12.11 billion USD with a total net income of 830.41 million USD. The company’s total revenue from operations also saw healthy growth.
The dividend announcement is a reflection of Ryder System’s strong financial performance and its commitment to creating value for its shareholders. Investors who are looking for long-term investments with consistent dividend income can consider adding Ryder System to their investment portfolio.
The dividend payout of $0.62 per stock represents a dividend yield of approximately 2.99% based on Ryder System’s current market price of $82.85 per stock.
Investors who hold Ryder System stocks are likely to benefit from this announcement as they will receive the dividend payout. Ryder System’s dividend announcement is expected to be well-received by its investors, as it indicates the company’s commitment to sharing its profits with its shareholders.
The ex-dividend date is 19 May 2023. Therefore, investors who wish to receive the dividend must purchase Ryder System stocks before 19 May 2023.
Ryder System Dividend History | You Won’t Want to Miss This: Ryder System Declares Surprising Dividend!
Ryder System Dividend – The current dividend yield of Ryder System is 2.99%.
| Dividend | Amount | Date |
| Cash Dividend | $0.620 | Feb 14, 2023 |
| Cash Dividend | $0.620 | Nov 14, 2022 |
| Cash Dividend | $0.620 | Aug 12, 2022 |
| Cash Dividend | $0.580 | May 13, 2022 |
| Cash Dividend | $0.580 | Feb 14, 2022 |
| Cash Dividend | $0.580 | Nov 12, 2021 |
Dividend Stocks 2023
Ryder System, Inc. operates as a logistics and transportation company worldwide.
Ryder System management:
President, Chief Executive Officer, and Chairman – Karen S. Haller
Website: ryder.com
Conclusion
In conclusion, Ryder System’s dividend announcement of $0.62 is a positive development for investors who hold stocks in the company. Investors should take note of the ex-dividend date of 19 May 2023, and consider adding Ryder System to their investment portfolio for long-term growth and consistent dividend income.
Disclaimer: This is not investment advice, this information is only for educational purposes.
FAQ | Best Dividend Stocks 2023
Is Ryder System a good investment?
As per experts, Ryder System looks suitable for long-term investment.
Is Ryder System Government or Private?
Ryder System is a private company.
Is Ryder System a dividend-paying stock?
Yes, Ryder System is a dividend-paying stock. The current dividend yield of Ryder System is 2.99%.
What does Ryder System do?
Ryder System, Inc. operates as a logistics and transportation company worldwide.
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