RBA dividend yield calculator – “Ritchie Bros Auctioneers Declares Quarterly Dividend of $0.27/Share”.

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Tomorrow, Ritchie Bros Auctioneers will be going ex-dividend, having declared a quarterly dividend of $0.27 per share, which is consistent with prior payments. They offer an unparalleled selection of equipment and other assets across a wide range of industries, from construction and transportation to agriculture and energy. Their business model is built on providing reliable service quality, fair prices, and real-time access to a global market. The dividend of $0.27 per share is a tangible sign of the company’s strong financial performance and confidence in the future.

The quarterly dividend dividend is intended to reward shareholders for their loyalty and continued support. Ritchie Bros. Auctioneers ($TSX:RBA)’ dividend policy is based on increasing shareholder value over time and provides a way for long-term investors to share in the company’s success.

Dividends – RBA dividend yield calculator

Ritchie Bros Auctioneers has declared a quarterly dividend of $0.27 per share, signaling the company’s commitment to providing strong returns for shareholders. This brings the total dividend per share for the last three years to 1.06 USD, 1.04 USD, and 0.94 USD respectively. The dividend yields for the years 2021 to 2023 are estimated to be 1.77%, 1.72%, and 1.5% respectively.

This gives an average dividend yield of 1.66%, which is a solid return for investors. The continued commitment to providing strong dividends demonstrates Ritchie Bros Auctioneers’ dedication to rewarding existing shareholders and attracting new ones.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for RBA. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for RBA. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for RBA. More…

Key Ratios Snapshot

Some of the financial key ratios for RBA are shown below. More…

Share Price

RITCHIE BROS. The stock opened at CA$74.1 and closed at CA$73.0, down 1.6% from the prior closing price of CA$74.2. The dividend reflects Ritchie Bros’ commitment to delivering long-term value to shareholders. Going forward, the company plans to continue to focus on delivering strong returns for shareholders. Live Quote…

Analysis

At GoodWhale, we have been carefully analyzing RITCHIE BROS. AUCTIONEERS’s fundamentals, and our assessment is that, according to our risk rating, RITCHIE BROS. AUCTIONEERS is a medium risk investment when it comes to financial and business aspects. Specifically, we have detected two risk warnings in both the income and balance sheet. If you are interested in finding out more about this risk assessment, you can become a registered user with us at GoodWhale. More…

Peers

The competition between Ritchie Bros Auctioneers Inc and its competitors – H&E Equipment Services Inc, Toa Corp, and Samrat Forgings Ltd – is fierce, as each strives to provide the best services and products to their customers. Each company seeks to differentiate itself from the rest through niche offerings, innovative strategies, and effective marketing campaigns. As the competition continues, it will be interesting to see how each company fares in the end.

– H&E Equipment Services Inc ($NASDAQ:HEES)

H&E Equipment Services Inc is a leading business-to-business provider of high-quality construction, industrial, and material handling equipment. With a market cap of 1.55B as of 2022, the company is well-positioned to continue its dominance in the industry. Moreover, the company’s Return on Equity (ROE) of 35.46% is indicative of its strong financial performance and ability to maximize profits for its shareholders. The company’s success has been the result of their strategic investments in expanding their rental and sales operations, as well as their commitment to providing customers with value-added services.

– Toa Corp ($TSE:6809)

Toa Corporation is a global leader in the telecommunications industry, providing innovative solutions to customers around the world. The company has a market cap of 25.09 billion as of 2022, which reflects the potential growth of the company’s operations and the confidence of investors in its future. Toa Corporation also boasts a Return on Equity (ROE) of 3.57%, which is an impressive figure and indicates that the company is generating strong returns on its investments. This is a testament to the company’s efficient management and commitment to creating value for its shareholders.

– Samrat Forgings Ltd ($BSE:543229)

Samrat Forgings Ltd is a leading manufacturer and supplier of a wide range of forgings, flanges, and other precision-engineered components. As of 2022, the company has a market capitalization of 758.75M, which is a strong indication of its financial stability and market presence. Additionally, Samrat Forgings Ltd also has an impressive Return on Equity (ROE) of 29.39%, which reflects its successful implementation of strategies and practices that result in high returns on its investments.

Summary

Ritchie Bros. Auctioneers is an attractive investment opportunity for investors looking for a steady stream of income. The company has declared a quarterly dividend of $0.27 per share, which is in line with its previous payments. This consistent dividend makes Ritchie Bros. a reliable source of dividend returns for investors. Ritchie Bros. also offers investors the potential for capital appreciation through the growth of its auctioneering business.

The company operates in a variety of industries including mining, transportation, construction, and agriculture, giving it a strong balance sheet and diverse revenue base. With its diversified business model and consistent dividend payments, Ritchie Bros. Auctioneers is an attractive option for investors looking to generate a steady return on their investments.