The ex-dividend date for Ryder System (Nasdaq:R) is tomorrow, May 16, 2013. Owners of shares as of market close today will be eligible for a dividend of 31 cents per share. At a price of $61.43 as of 9:31 a.m., the dividend yield is 2.1%.
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- The ex-dividend date for Ryder System (Nasdaq: R) is tomorrow, May 16, 2013. Owners of shares as of market close today will be eligible for a dividend of 31 cents per share. At a price of $61.43 as of 9:31 a.m. ET, the dividend yield is 2.1%. The average volume for Ryder System has been 699,600 shares per day over the past 30 days. Ryder System has a market cap of $3.13 billion and is part of the services sector and diversified services industry. Shares are up 20.7% year to date as of the close of trading on Tuesday. Ryder System, Inc. provides transportation and supply chain management solutions. It operates in two segments, Fleet Management Solutions (FMS) and Supply Chain Solutions (SCS). The company has a P/E ratio of 15, below the S&P 500 P/E ratio of 17.7.
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
TheStreet Ratings rates Ryder System as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full Ryder System Ratings Report. See our dividend calendar or top-yielding stocks list. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.