Ritchie Bros. Auctioneers Incorporated(RBA) is having a Dividend Yield of 2.19% with the Annual cash Dividend per share of $0.66. The last quarter cash dividend per share pay out was $0.17. Ritchie Bros. Auctioneers Incorporated has a 5 year average dividend yield of 2.24% and the stock has a Indicated annual dividend of $0.68. Ritchie Bros. Auctioneers Incorporated(RBA) formally announced its most recent dividend on January 23, 2017 with a Dividend per share of $0.17. The new indicated annual dividend based on announced dividend per share is $0.68. The dividend yield based on the forward looking indicated annual dividend is 2.19%. Ritchie Bros. Auctioneers Incorporated(RBA) has the most recent dividend payout ratio of 0.6 with a 5-year average payout ratio of 0.6. The Ex-Dividend amount last paid was $0.17 on February 8, 2017. The 5 year historical dividend growth of Ritchie Bros. Auctioneers Incorporated(RBA) is at the rate of 9.07% while the R-Squared dividend growth is 0.95. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.
Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) rose 0.26% or 0.08 points on Thursday and made its way into the gainers of the day. After trading began at $30.94 the stock was seen hitting $31.29 as a peak level and $30.935 as the lowest level. The stock ended up at $31.09. The daily volume was measured at 588,903 shares. The 52-week high of the share price is $39.96 and the 52-week low is $21.97. The company has a market cap of $3,317 million. Ritchie Bros. Auctioneers Incorporated has lost 0.73% in the last five trading days and dropped 3.1% in the last 4 weeks. Ritchie Bros. Auctioneers Incorporated has dropped 15.54% during the last 3-month period . Year-to-Date the stock performance stands at -8.06%.
Currently the company Insiders own 0.67% of Ritchie Bros. Auctioneers Incorporated shares according to the proxy statements. Institutional Investors own 89.55% of Ritchie Bros. Auctioneers Incorporated shares. Company has reported several Insider transactions to the SEC, on Dec 7, 2016, Douglas William Olive (Sr. VP, Pricing & Appraisals) sold 5,400 shares at 37.75 per share price.On Sep 20, 2016, Jeroen Laurentius Johanus Rijk (Sr. VP, Managing Director, Eur) sold 6,600 shares at 34.00 per share price.On Mar 11, 2016, Robert Alastair Mcleod (Chief Bus. Dev. Officer) sold 10,088 shares at 24.54 per share price.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Ritchie Bros. Auctioneers (USA) was Downgraded by BofA/Merrill to Underperform on Jan 13, 2017. Ritchie Bros. Auctioneers (USA) was Downgraded by Raymond James to Mkt Perform on Dec 27, 2016.
Ritchie Bros. Auctioneers (USA) Last issued its quarterly earnings results on Nov 9, 2016. The company reported $0.20 EPS for the quarter. Analyst had a consensus estimate of $0.20. The company had revenue of $128.88 million for the quarter, compared to analysts expectations of $121.91 million. The companys revenue was up 17.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.19 EPS.
Ritchie Bros. Auctioneers conduct unreserved public auctions every year at locations throughout North and Central America, Europe, Asia, Australia, Africa and the Middle East. The company is known for their innovative auction methods, attention to detail and their total commitment to the unreserved auction. The confidence this gives their customers has enabled Ritchie Bros. to become one of the largest industrial auctioneer in the world.