RB Global Raises Quarterly Dividend to 31 Cents a Share

RB Global, Inc. (RBA) raised its quarterly dividend to $0.31 per share from $0.29, a 6.9% increase. The new payout puts the company’s annual dividend at $1.24 per share and implies a forward annual yield of 1.19%, based on a share price of $104.53. The stock traded ex-dividend on May 27, 2026.

The increase extends RB Global’s dividend-growth streak to 22 consecutive years, according to SmarterDividends’ locked dividend data. RB Global, an industrials company, operates marketplace platforms and services for buyers and sellers of commercial assets and vehicles.

Business context

RB Global announced the dividend alongside first-quarter results, reporting broad-based growth across its business. The company said gross transaction value increased year over year, while revenue and earnings also rose in the period. Management attributed the gains to strength across sectors and contributions from recent acquisitions, including J.M. Wood and Smith Broughton, according to the company’s first-quarter 2026 results release.

Chief Executive Jim Kessler said in the release that RB Global delivered broad-based GTV growth across all sectors and pointed to the company’s growth strategy and customer value proposition. Chief Financial Officer Eric J. Guerin said top-line momentum translated into earnings growth, citing the durability of the company’s operating model.

The company also noted acquisition activity in its first-quarter release. RB Global said U.S. antitrust regulators granted early termination of the waiting period tied to its pending BigIron Auction Company acquisition, and that it acquired Blackmon Auctions, a U.S.-based auction provider serving construction, transportation, agriculture and real estate customers.

What it means for income investors

For income investors, the increase represents another step in RB Global’s long dividend record rather than a sharp change in the stock’s income profile. The forward yield remains modest at 1.19%, but the higher quarterly rate and 22-year growth streak support the company’s profile as a consistent dividend grower within the industrials sector.

SmarterDividends assigns RB Global a dividend safety score of 92 out of 100, equivalent to an A grade. That score indicates a strong dividend-safety profile under SmarterDividends’ framework, though future dividends remain subject to board approval and business conditions.