Ryder Boosting Dividend

Ryder System said it will boost its quarterly dividend by 2 cents to 31 cents per share.

The dividend will be payable Sept. 21 to shareholders of record on Aug. 20, Ryder said late Wednesday.

The company has paid a 29-cent dividend since July 2011.

Ryder Supply Chain Solutions is No. 12 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers.