RB Global Increases Dividend to $0.31, 1.1% Yield

RB Global (NYSE:RBA) has announced a $0.31 dividend payment, an increase from last year's comparable dividend. The payment will take the dividend yield to 1.1%, in line with the industry average. The company's projected earnings are expected to cover future distributions, with a payout ratio of 50%. RB Global has a sustained record of paying dividends with little fluctuation, with a compound annual growth rate of approximately 8.3% since 2015.

RB Global (NYSE:RBA) has announced a quarterly cash dividend of $0.31 per common share, payable on September 18, 2025. This marks an increase from the previous dividend of $0.29 per share, resulting in a dividend yield of 1.1%, which aligns with the industry average. The company's projected earnings are expected to cover future distributions, with a payout ratio of 50%. This decision underscores RB Global's commitment to maintaining a sustainable dividend policy.

The dividend increase comes amidst strong financial performance. RB Global reported a 9% increase in automotive unit volume year-over-year for the second quarter of 2025. Total revenue also saw an 8% increase to $1.2 billion, with a significant 26% rise in inventory sales revenue. Despite a 1% decrease in net income to $109.7 million, adjusted EBITDA grew by 7% to $364.5 million. The company has maintained a growth target for Gross Trading Volume (GTV) of 0% to 3% for the full year 2025, with slight adjustments to EBITDA expectations.

Analysts have a positive outlook on RB Global's stock. The most recent analyst rating is a Buy with a C$98.00 price target. Spark, an AI analyst from TipRanks, rates TSE:RBA as an Outperform, with a stock score of 74 reflecting strong financial performance and strategic acquisitions. However, the high P/E ratio and technical indicators showing near overbought conditions suggest potential overvaluation.

RB Global's stock has been performing well, trading at $105.39 as of July 2, 2025. The company's market capitalization stands at C$27.97 billion, with an average trading volume of 334,058 shares. The stock is listed on both the NYSE and TSX under the symbol RBA.

RB Global's sustained record of dividend payments is notable, with a compound annual growth rate of approximately 8.3% since 2015. This consistency in dividend growth, combined with the company's strong financial performance, indicates a solid investment case for long-term investors.

References:
1. [The Globe and Mail](https://www.theglobeandmail.com/investing/markets/stocks/RBA-N/pressreleases/33977812/rb-global-declares-quarterly-dividend-amid-revenue-growth/)
2. [Investing.com](https://www.investing.com/equities/ritchie-bros.-auctioneers)