NEW YORK (

TheStreet

) -- The ex-dividend date for

Ritchie Bros. Auctioneers

(NYSE:

RBA

) is tomorrow, February 15, 2012. Owners of shares as of market close today will be eligible for a dividend of 11 cents per share. At a price of $24.42 as of 10:05 a.m. ET, the dividend yield is 1.9%.

The average volume for Ritchie Bros. Auctioneers has been 425,200 shares per day over the past 30 days. Ritchie Bros. Auctioneers has a market cap of $2.5 billion and is part of the

services

sector and

diversified services

industry. Shares are up 10.9% year to date as of the close of trading on Monday.

Ritchie Bros. Auctioneers Incorporated, an industrial auctioneer, sells various equipment to on-site and online bidders worldwide. The company has a P/E ratio of 40.1, above the average diversified services industry P/E ratio of 39.2 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Ritchie Bros. Auctioneers as a

hold

. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and deteriorating net income. You can view the full

Ritchie Bros. Auctioneers Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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