Ryder Capital Ltd. (AU:RYD) has released an update.
Ryder Capital Ltd., an Australian investment firm, has reported a robust pre-tax NTA return of 25.15% for FY24, substantially outperforming market benchmarks, which has enabled the company to declare a generous and increased final dividend of 5.0 cents per share. The company attributes its success to significant gains from core portfolio holdings and a disciplined investment approach despite previous market challenges. With several core investments still undervalued, Ryder Capital looks forward to a continued strong performance in the coming fiscal year.
For further insights into AU:RYD stock, check out TipRanks’ Stock Analysis page.
