MIAMI--(BUSINESS WIRE)--The Board of Directors of Ryder System, Inc. (NYSE: R), a leader in commercial fleet and supply chain management solutions, today declared a regular quarterly cash dividend of $0.37 per share of common stock, to be paid on September 19, 2014, to shareholders of record on August 18, 2014. The dividend reflects a $0.03 increase from the $0.34 cash dividend Ryder had been paying quarterly since July of 2013. This is Ryder’s 152nd consecutive quarterly cash dividend – marking 38 years of uninterrupted dividend payments.
Ryder is a FORTUNE 500® commercial fleet and supply chain management solutions company. Ryder’s stock (NYSE:R) is a component of the Dow Jones Transportation Average and the Standard & Poor’s 500 Index. Inbound Logistics magazine has recognized Ryder as a top third party logistics provider and green supply chain partner. In addition, Security Magazine has named Ryder one of the top companies for security practices in the transportation, logistics, supply chain, and warehousing sector. Ryder 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 Facebook, YouTube, and Twitter.
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.