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RB Global, Inc. (TSE:RBA) Announces Dividend Increase - $0.39 Per Share

RB Global logo with Industrials background

RB Global, Inc. (TSE:RBA - Get Free Report) NYSE: RBA declared a quarterly dividend on Wednesday, November 6th,Zacks Dividends reports. Stockholders of record on Wednesday, November 27th will be given a dividend of 0.392 per share on Wednesday, December 18th. This represents a $1.57 annualized dividend and a dividend yield of 1.14%. The ex-dividend date is Wednesday, November 27th. This is an increase from RB Global's previous quarterly dividend of $0.37.

RB Global Trading Up 0.9 %

TSE:RBA traded up C$1.25 during midday trading on Monday, reaching C$137.94. 145,594 shares of the stock traded hands, compared to its average volume of 155,962. The company has a debt-to-equity ratio of 80.04, a quick ratio of 1.00 and a current ratio of 1.29. The stock has a market capitalization of C$25.42 billion, a P/E ratio of 55.57, a PEG ratio of 2.43 and a beta of 0.93. RB Global has a 12 month low of C$82.18 and a 12 month high of C$139.48. The company has a fifty day moving average of C$118.12 and a 200 day moving average of C$110.74.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets raised shares of RB Global to a "strong-buy" rating in a research report on Thursday, September 5th.

Read Our Latest Research Report on RB Global

About RB Global

(Get Free Report)

RB Global, Inc, an omnichannel marketplace, provides insights, services, and transaction solutions for buyers and sellers of commercial assets and vehicles worldwide. Its marketplace brands include Ritchie Bros., an auctioneer of commercial assets and vehicles offering online bidding; IAA, a digital marketplace connecting vehicle buyers and sellers; Rouse Services, which provides asset management, data-driven intelligence, and performance benchmarking system; SmartEquip, a technology platform that supports customers' management of the equipment lifecycle; and Veritread, an online marketplace for heavy haul transport solution.

Further Reading

Dividend History for RB Global (TSE:RBA)

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