Notably, consistent shareholder-friendly initiatives in the form of dividend payouts or share buybacks imply solid financial strength of companies in the Equipment and Leasing industry. In July 2023, Ryder System, Inc. R announced a 14.5% hike in its quarterly dividend, taking the total to 71 cents per share (annualized $2.84), which gives it a 2.67% yield at the current stock price. Image Source: Zacks Investment Research Despite such positives, the industry continues to grapple with challenges, ranging from raging inflation, higher interest rates, supply-chain disruptions and high operating costs.