This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

7 Dividend Stocks Paying You More Cash

Ryder System

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

New Dividend: 31 cents quarterly (per share)

Dividend Percent Increase: 6.9%

Current Yield: 3.47%

Ryder System (R - Get Report) is a major name in the truck rental and leasing business, focusing especially on recurring commercial clients who don't need or want to part with the capital required to purchase their own truck fleets. Ryder's ability to hang onto its margins has been impressive, particularly given the scale-down in revenues that the firm saw in the past two quarters.

High oil prices are a big headwind for Ryder, as customers opt to look for alternatives to traditional over-the-road transportation, but this firm has managed to eke out consistent performance in spite of commodity swings. This quarter, they should work in Ryder's favor for a change.

After Wednesday's 6.9% dividend hike, Ryder now pays out a quarterly dividend of 31 cents per share, a 3.47% yield at current price levels. While Ryder makes a solid core income holding for investors looking for exposure to the transports sector, I'd recommend sitting on the sidelines for now -- Ryder has been in a sustained downtrend since January. From a technical standpoint, it makes sense to stand clear until shares find a bottom (and a bigger yield).

Ryder was one of the 10 Worst-Performing S&P 500 Stocks in the Second Quarter.

7 of 8

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
CMI $137.46 0.00%
FAST $41.17 0.00%
HCSG $32.96 0.00%
KLAC $59.00 0.00%
R $94.39 0.00%


DOW 17,712.66 +34.43 0.19%
S&P 500 2,061.02 +4.87 0.24%
NASDAQ 4,891.2190 +27.8570 0.57%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs