Rush Enterprises (RUSHA) Declares $0.21 Quarterly Dividend; 1.6% Yield

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Rush Enterprises, Inc. Reports First Quarter 2023 Results, Announces $0.21 per Share Dividend

April 25, 2023 4:12 PM EDT

Revenues of $1.9 billion, net income of $90.5 millionEarnings per diluted share of $1.60Absorption ratio 136.5%Strong revenues and profitability due to pent-up demand for new commercial vehiclesAftermarket revenue growth significantly outpaced the industry with focus on national accounts and increase in mobile service capabilitiesBoard declares cash dividend of $0.21 per share of Class A and Class B common stock

SAN ANTONIO, April 25, 2023 (GLOBE NEWSWIRE) --  Rush Enterprises, Inc. (NASDAQ: RUSHA & RUSHB), which operates the largest network of commercial vehicle dealerships in North America, today announced that for the quarter ended March... More