Shares of Ryder System, Inc. (R) performed well on the bourse on Jul 12, 2024, closing the trading session at $128.75 per share, up 3.02% from the previous day's closing. The upside was owing to the dividend hike announcement by Ryder’s board of directors.In a shareholder-friendly move, R’s board of directors has approved a dividend hike of 14.1%, thereby raising its quarterly cash dividend to 81 cents per share ($3.24 annualized) from 71 cents ($2.84 annualized). The raised dividend will be paid out on Sep ...