Ritchie Bros. Auctioneers Incorporated ( RBA ) will begin trading ex-dividend on August 20, 2014. A cash dividend payment of $0.14 per share is scheduled to be paid on September 12, 2014. Shareholders who purchased RBA stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 7.69% increase over the prior quarter. At the current stock price of $24.19, the dividend yield is 2.32%.
The previous trading day's last sale of RBA was $24.19, representing a -5.99% decrease from the 52 week high of $25.73 and a 33.79% increase over the 52 week low of $18.08.
RBA is a part of the Miscellaneous sector, which includes companies such as Visa Inc. ( V ) and Mastercard Incorporated ( MA ). RBA's current earnings per share, an indicator of a company's profitability, is $.95. Zacks Investment Research reports RBA's forecasted earnings growth in 2014 as 10.12%, compared to an industry average of -4.2%.
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