Rush Enterprises (RUSHA) Declares $0.17 Quarterly Dividend; 1.4% Yield

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Rush Enterprises, Inc. Reports First Quarter 2024 Results, Announces $0.17 Per Share Dividend

April 23, 2024 6:01 PM EDT

Revenues of $1.9 billion, net income of $71.6 millionEarnings per diluted share of $0.88Challenging market conditions impact Class 8 new truck sales and overall financial performanceAbsorption ratio 130.1%Board declares cash dividend of $0.17 per share of Class A and Class B common stock

SAN ANTONIO, April 23, 2024 (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 31, 2024, the Company achieved revenues of $1.872 billion and net income of $71.6 million, or $0.88 per diluted share, compared with revenues of $1.912... More