RB Global, Inc. (NYSE and TSX: RBA) has announced a quarterly cash dividend of US$0.29 per common share, payable on March 3, 2025, to shareholders of record on February 6, 2025. The dividend is considered an eligible dividend for Canadian income tax purposes.
RB Global, Inc. operates as a leading omnichannel marketplace, providing value-added insights, services, and transaction solutions for buyers and sellers of commercial assets and vehicles globally. The company's auction sites in 14 countries and digital platform serve customers in more than 170 countries across various asset classes, including automotive, commercial transportation, construction, government surplus, lifting and material handling, energy, mining, and agriculture.
RB Global, Inc.'s portfolio of brands includes Ritchie Bros., which is the world's largest auctioneer of commercial assets and vehicles offering online bidding, and IAA, a leading global digital marketplace connecting vehicle buyers and sellers. Additionally, the company's brands also include Rouse Services, SmartEquip, and VeriTread.
The announcement of the quarterly dividend reflects the company's commitment to providing returns to its shareholders. Following these announcements, the company's shares moved 0.6%, and are now trading at a price of $89.77. For more information, read the company's full 8-K submission here.
