diff --git a/devel/rubygem-rugged/Makefile b/devel/rubygem-rugged/Makefile
index 293645f07f1e..d9288c49fb46 100644
--- a/devel/rubygem-rugged/Makefile
+++ b/devel/rubygem-rugged/Makefile
@@ -1,27 +1,27 @@
 # Also update devel/libgit2, devel/libgit2-glib, devel/py-pygit2
 
 PORTNAME=	rugged
-PORTVERSION=	1.5.0.1
+PORTVERSION=	1.5.1
 CATEGORIES=	devel rubygems
 MASTER_SITES=	RG
 
 # libgit2 1.5 added more spaces in version definition, fetch the required patch
 PATCH_SITES=	https://github.com/libgit2/rugged/commit/
 PATCHFILES=	9f9bce7e3346dfcf2a4256561e37ba8c888a16b6.diff:-p1
 
 MAINTAINER=	mfechner@FreeBSD.org
 COMMENT=	Ruby bindings to the libgit2 library
 WWW=		https://github.com/libgit2/rugged
 
 LICENSE=	MIT
 LICENSE_FILE=	${WRKSRC}/LICENSE
 
 BUILD_DEPENDS=	libgit2>=${PORTVERSION:R}:devel/libgit2
 LIB_DEPENDS=	libgit2.so:devel/libgit2 \
 		libgmp.so:math/gmp
 
 CONFIGURE_ARGS=	--use-system-libraries
 USES=		gem pkgconfig
 USE_RUBY=	yes
 
 .include <bsd.port.mk>
diff --git a/devel/rubygem-rugged/distinfo b/devel/rubygem-rugged/distinfo
index 71fe34a7e445..8faf6b9b4e91 100644
--- a/devel/rubygem-rugged/distinfo
+++ b/devel/rubygem-rugged/distinfo
@@ -1,5 +1,5 @@
-TIMESTAMP = 1668854962
-SHA256 (rubygem/rugged-1.5.0.1.gem) = 1d947f2b19a2bb1d9fb4e3c7d6e8b8def3ed18f5aee21a8c7f8edb3fce66010a
-SIZE (rubygem/rugged-1.5.0.1.gem) = 1805312
+TIMESTAMP = 1674451490
+SHA256 (rubygem/rugged-1.5.1.gem) = a83493d050652d9e65eb6844a32f2c3da59e385e875214f7e502db547a7fce72
+SIZE (rubygem/rugged-1.5.1.gem) = 1807360
 SHA256 (rubygem/9f9bce7e3346dfcf2a4256561e37ba8c888a16b6.diff) = 5f0ff2547649c9a1eddd73176322bb957b7d3d85c1b6c70d772f293289c88eac
 SIZE (rubygem/9f9bce7e3346dfcf2a4256561e37ba8c888a16b6.diff) = 741