Ryder System, Inc. (NYSE:R) Updates On Quarterly Dividend


As per Ryder System, Inc. (NYSE:R) statement on 2016-07-18, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.44 per share as dividend to stakeholders. The record date is set as 2016-08-22, the payout date as 2016-09-16 and the ex-dividend date is 2016-08-18.

Last fiscal Ryder System, Inc. (NYSE:R) disbursed cash dividend of $0.44. A year ago, the payout was $0.44, which indicates a difference of 9.8591%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.44, implying 8.4472% growth.

For the period ended on 2015-12-31, Ryder System, Inc. (NYSE:R)’s earnings came at $1.56 per share compared to EPS of $1.74 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-25. For this quarter, the analysts have earnings estimate of $1.65 per share.

The interim price target for Ryder System, Inc. (NYSE:R) is set at $78.4. This level is the mean price reached by averaging the stock views of 5 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Ryder System, Inc. (NYSE:R) is seen at $90 and the lowest level is established at $73. This broad range highlights a standard deviation of $6.73 in reported estimates.

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