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

RB Global, Inc. (TSE:RBA) (NYSE:RBA) declared a quarterly dividend on Wednesday, November 6th,Zacks Dividends reports. Shareholders 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 dividend on an annualized basis and a yield of 1.15%. The ex-dividend date of this dividend is Wednesday, November 27th. This is a positive change from RB Global’s previous quarterly dividend of $0.37.

RB Global Trading Up 2.6 %

Shares of RBA stock opened at C$136.69 on Monday. The stock has a market capitalization of C$25.19 billion, a P/E ratio of 55.57, a P/E/G ratio of 2.43 and a beta of 0.93. The company has a current ratio of 1.29, a quick ratio of 1.00 and a debt-to-equity ratio of 80.04. The firm’s 50 day moving average is C$118.12 and its 200 day moving average is C$110.74. RB Global has a 12-month low of C$82.18 and a 12-month high of C$136.72.

Analyst Upgrades and Downgrades

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

RB Global Company Profile

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.