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

RB Global, Inc. (TSE:RBA) (NYSE:RBA) announced a quarterly dividend on Wednesday, November 6th,Zacks Dividends reports. Shareholders 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 yield of 1.14%. The ex-dividend date is Wednesday, November 27th. This is a boost from RB Global’s previous quarterly dividend of $0.37.

RB Global Trading Up 0.6 %

Shares of RB Global stock opened at C$137.55 on Tuesday. The firm has a market cap of C$25.34 billion, a PE ratio of 55.91, a P/E/G ratio of 2.43 and a beta of 0.93. The company has a quick ratio of 1.00, a current ratio of 1.29 and a debt-to-equity ratio of 80.04. RB Global has a fifty-two week low of C$82.18 and a fifty-two week high of C$139.48. The business’s fifty day moving average is C$118.57 and its two-hundred day moving average is C$110.99.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets raised RB Global to a “strong-buy” rating in a research note 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.