RB Global, Inc. (RBA) to Issue Quarterly Dividend of $0.39 on December 18th

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 given a dividend of 0.392 per share on Wednesday, December 18th. This represents a $1.57 annualized dividend and a dividend yield of 1.15%. 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 Stock Performance

TSE:RBA opened at C$136.69 on Monday. The firm’s 50-day moving average is C$118.12 and its 200-day moving average is C$110.74. The company has a market cap of C$25.19 billion, a price-to-earnings ratio of 55.57, a PEG 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. RB Global has a 52-week low of C$82.18 and a 52-week high of C$136.72.

Analysts Set New Price Targets

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.