Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) will begin trading ex-dividend on November 24, 2020. The quarterly dividend payment of $ 0.22 per share is scheduled to be paid on December 16, 2020. The dividend yield based on the latest trading day closing price was 1.36 percent. Shareholders who purchased RBA shares prior to the ex-dividend date are eligible for the cash dividend payment.
Dividends History
wpDataTable with provided ID not found!Click Here For More Historical Dividends Of Ritchie Bros. Auctioneers Incorporated
Ritchie Bros. Auctioneers Incorporated recently reported second quarter financial results on August 6, 2020, after market close, the Burnaby based company posted income for the second quarter of $ 0.54 per share, from the revenue of $ 389.05 million. The quarterly earnings improved 10.20 percent while revenues reduced 1.06 percent compared with the same quarter last year.
According to street consensus, RBA was expected to report 2Q20 income of $ 0.36 per share from revenue of $ 343.67 million. The bottom line results beat street analysts by $ 0.18 or 50.00 percent, at the same time, top line results outshined analysts by $ 45.38 million or 13.20 percent.
Stock Performance
Shares of Ritchie Bros. Auctioneers Incorporated traded up $ 1.25 or 1.96 percent on Thursday, reaching $ 64.90 with volume of 430.60 thousand shares. Ritchie Bros. Auctioneers Incorporated has traded high as $ 65.48 and has cracked $ 63.68 on the downward trend
According to the previous trading day, closing price of $ 64.90, representing a 145.56 % increase from the 52 week low of $ 25.92 and a 19.06 % decrease over the 52 week high of $ 78.64.
The company has a market capital of $ 7.08 billion and is part of the Industrials sector and Business Services industry.
Ritchie Bros. Auctioneers Incorporated, an asset management and disposition company, sells industrial equipment and other durable assets through its unreserved live on site auctions, online marketplaces, listing services, and private brokerage services. The company sells a range of used and unused equipment, including earthmoving equipment, truck trailers, government surplus, oil and gas equipment, and other industrial assets, as well as construction and heavy machinery.
