RB Global, Inc. (TSE:RBA) Raises Dividend to $0.39 Per Share

RB Global, Inc. (TSE:RBA) (NYSE:RBA) announced a quarterly dividend on Wednesday, November 6th,Zacks Dividends reports. Stockholders of record on Wednesday, November 27th will be paid a dividend of 0.392 per share on Wednesday, December 18th. This represents a $1.57 annualized dividend and a dividend yield of 1.15%. The ex-dividend date is Wednesday, November 27th. This is a positive change from RB Global’s previous quarterly dividend of $0.37.

RB Global Price Performance

Shares of TSE:RBA opened at C$136.69 on Monday. RB Global has a fifty-two week low of C$82.18 and a fifty-two week high of C$136.72. The company’s 50-day moving average is C$118.12 and its 200 day moving average is C$110.74. The company has a market capitalization of C$25.19 billion, a P/E ratio of 55.57, a price-to-earnings-growth ratio of 2.43 and a beta of 0.93. The company has a debt-to-equity ratio of 80.04, a quick ratio of 1.00 and a current ratio of 1.29.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets raised RB Global to a “strong-buy” rating in a report on Thursday, September 5th.

About RB Global

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.