R Raises Quarterly Dividend 10.99% to $1.01, Extending 21-Year Streak

R (Ryder System, Inc.) has announced a quarterly dividend increase of 10.99%, raising the payout to $1.0100 per share from the previous $0.9100. The new dividend is payable to shareholders of record as of the ex-dividend date, which is set for August 24, 2026. This marks the company's 21st consecutive year of dividend increases, underscoring its commitment to returning value to shareholders.

The numbers

The new quarterly dividend of $1.01 per share translates to an annualized rate of $4.04 per share. Based on the current stock price of $244.93, the trailing twelve-month (TTM) yield is 1.53%, with TTM dividend per share at $3.74. The company has demonstrated consistent growth, with a 5-year dividend compound annual growth rate (CAGR) of 9.0%. Recent payment history shows a steady progression: $0.81 in May 2025, $0.91 in August 2025, November 2025, February 2026, and May 2026, and now $1.01 in August 2026. This increase reflects a continued upward trend in shareholder distributions.

What it means for income investors

For income-focused investors, this raise implies an additional $0.10 per share per quarter compared to the previous rate. On an annual basis, a holder of 100 shares would receive $404 in dividends, up from $364 previously. The ex-dividend date of August 24, 2026, is crucial for investors to be eligible for the upcoming payment. This action reinforces Ryder's track record of reliable and growing dividends, which may appeal to those seeking consistent income.

Reporting based on: DividendSmart market data. Figures verified against market data where available.