Ritchie Bros. Auctioneers (RBA) Announces Quarterly Dividend of C$0.13
Ritchie Bros. Auctioneers (TSE:RBA) declared a Quarterly dividend on Wednesday, February 12th, AnalystRatings.NET reports. Shareholders of record on Friday, March 7th will be given a dividend of 0.13 per share on Friday, March 7th. This represents a yield of 2.05%. The ex-dividend date of this dividend is Wednesday, February 12th.
Several analysts have recently commented on the stock. Analysts at Cantor Fitzgerald upgraded shares of Ritchie Bros. Auctioneers to a “hold” rating in a research note on Tuesday, February 4th. On the ratings front, analysts at Scotiabank reiterated an “outperform” rating on shares of Ritchie Bros. Auctioneers in a research note on Thursday, January 30th. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of C$21.00.
Shares of Ritchie Bros. Auctioneers (TSE:RBA) opened at 24.96 on Wednesday. Ritchie Bros. Auctioneers has a 1-year low of $18.76 and a 1-year high of $26.21. The stock’s 50-day moving average is $25.1 and its 200-day moving average is $21.. The company has a market cap of $2.667 billion and a P/E ratio of 31.52.
Ritchie Bros. Auctioneers Incorporated and its subsidiaries sells industrial equipment and other assets for the construction, transportation, material handling, mining, forestry, petroleum, marine, real estate, and agricultural industries at its unreserved auctions worldwide.
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