Rush Enterprises's most recent quarterly dividend was on Nov 8, 2023 (ex-date) with a cash dividend payment of $0.17 per share. On an annualized basis, the company has a current payout of $0.62 per share. This brings the dividend yield to 1.56% based on its recent close price.
RUSHA has a dividend yield of 1.56% which is higher than the industry and its peers average but lower than the Consumer Cyclical sector average. In comparison with the Consumer Cyclical sector average of 2.57%, Rush Enterprises's dividend yield is 39% lower. The current dividend yield is higher than the historical average of 1.4% of the last 5 years.
Rush Enterprises has been paying dividends since 2018. RUSHA has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 16% for the last year. And since the stock price has gone up by 15% from a year ago, the dividend yield has increased by 0.5%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Nov 8, 2023 | Dec 12, 2023 | Oct 24, 2023 | $0.17 | normal |
| Sep 6, 2023 | Sep 22, 2023 | Jul 25, 2023 | $0.17 | normal |
| May 9, 2023 | Jun 9, 2023 | Apr 25, 2023 | $0.14 | normal |
| Feb 24, 2023 | Mar 16, 2023 | Feb 15, 2023 | $0.14 | normal |
| Nov 9, 2022 | Dec 9, 2022 | Oct 25, 2022 | $0.14 | normal |
| Aug 11, 2022 | Sep 12, 2022 | Jul 26, 2022 | $0.14 | normal |
| May 11, 2022 | Jun 10, 2022 | Apr 26, 2022 | $0.127 | normal |
| Feb 25, 2022 | Mar 15, 2022 | Feb 16, 2022 | $0.127 | normal |
| Nov 5, 2021 | Dec 10, 2021 | Oct 20, 2021 | $0.127 | normal |
| Aug 9, 2021 | Sep 10, 2021 | Jul 20, 2021 | $0.127 | normal |
| May 7, 2021 | Jun 10, 2021 | Apr 21, 2021 | $0.12 | normal |
| Feb 24, 2021 | Mar 16, 2021 | Feb 10, 2021 | $0.12 | normal |
| Nov 6, 2020 | Dec 10, 2020 | Oct 21, 2020 | $0.093 | normal |
| Aug 6, 2020 | Sep 10, 2020 | Jul 22, 2020 | $0.062 | normal |
| May 6, 2020 | Jun 10, 2020 | Apr 21, 2020 | $0.058 | normal |
| Feb 24, 2020 | Mar 17, 2020 | Feb 11, 2020 | $0.058 | normal |
| Nov 7, 2019 | Dec 10, 2019 | Oct 22, 2019 | $0.058 | normal |
| Aug 8, 2019 | Sep 10, 2019 | Jul 23, 2019 | $0.058 | normal |
| May 8, 2019 | Jun 10, 2019 | Apr 24, 2019 | $0.053 | normal |
| Feb 22, 2019 | Mar 15, 2019 | Feb 13, 2019 | $0.053 | normal |
| Nov 6, 2018 | Dec 10, 2018 | Oct 22, 2018 | $0.053 | normal |
| Aug 7, 2018 | Aug 29, 2018 | Jul 24, 2018 | $0.053 | normal |
RUSHA has a payout ratio of 13.8% which is higher than the industry average but lower than the Consumer Cyclical sector average. If we compare it with the Consumer Cyclical sector average of 33.7%, Rush Enterprises's payout ratio is 59% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| SAH Sonic Automotive Inc | 2.13% | $1.14 | N/A |
| RUSHA Rush Enterprises Inc | 1.51% | $0.62 | 13.8% |
Yes, Rush Enterprises has been paying dividends for the last five years.
Currently RUSHA's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in February 2024.
Rush Enterprises's last dividend ex-date was on Nov 8, 2023. The dividend amount was $0.17 per share.
RUSHA has paid dividend of $0.62 per share in the last year.
Currently Rush Enterprises's dividend yield is 1.56%.
Rush Enterprises pays four dividends per year.
The dividend payout ratio of Rush Enterprises is 13.8%.
Rush Enterprises's dividend yield is lower than the Consumer Cyclical sector average.