Ryder Increases Quarterly Cash Dividend

Company Pays Dividend for 172^nd Consecutive Quarter

The Board of Directors of Ryder System, Inc. (NYSE: R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions, today declared a regular quarterly cash dividend of $0.56 per share of common stock, to be paid on September 20, 2019, to shareholders of record on August 19, 2019. This dividend reflects an increase of $0.02 from the $0.54 cash dividend that Ryder had been paying since July 2018.

This is Ryder’s 172^nd consecutive quarterly cash dividend – marking more than 43 years of uninterrupted dividend payments.

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