NEW YORK ( TheStreet) -- The ex-dividend date for Ritchie Bros. Auctioneers (NYSE: RBA) is tomorrow, May 16, 2012. Owners of shares as of market close today will be eligible for a dividend of 11 cents per share. At a price of $20.27 as of 9:30 a.m. ET, the dividend yield is 2.2%. The average volume for Ritchie Bros. Auctioneers has been 449,700 shares per day over the past 30 days. Ritchie Bros. Auctioneers has a market cap of $2.19 billion and is part of the services sector and diversified services industry. Shares are down 7.7% 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. The company has a P/E ratio of 28.2, equal to the average diversified services industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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