Royal Bank Of Canada (RY) Dividends

Royal Bank Of Canada (RY): $100.49

0.14 (+0.14%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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Industry: Foreign Banks


Ranked

of 98

in industry

Dividend Yield and Dividend History Highlights

  • In terms of debt burden relative to earnings, RY has an EBITDA to net debt ratio of 15,717,000,000, ranking above 99.2% stocks in our set (note that its net debt is negative, meaning it has more cash than debt).
  • Currently, RY generates more cash flow over the 12 months prior than 98.53% of US dividend stocks.
  • As for stocks whose price is uncorrelated with RY's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: WDFC, CAAS, STAF, XEL and AAON.
RY Ex-Dividend Date
RY Dividend Yield
2.45%
RY Annual Dividend
$2.46
RY Payout Ratio

RY Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$100.49$140.41 66.56%

For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. In the case of RY, the DDM model, as implemented by StockNews, implies a positive return of 66.56% relative to its current price. To help understand and contextualize the model's evaluation of RY, investors may wish to consider are:

  • RY's market cap is about 119 billion US dollars -- this puts the stock in the large-sized market cap class, and its dividend yield is greater than 81.01% of dividend yielding stocks in the same market cap class.
  • In terms of opportunity, Royal Bank Of Canada's estimated return of 66.56% surpasses about 83.36% of dividend issuers we applied the dividend discount model to.
  • In comparison to its fellow dividend issuing stocks in the Financial Services sector, RY's equity discount rate is less than 86.23% of those stocks.

RY Dividend Chart


RY Dividend History

Ex-Dividend Date Type Payout Amount Change
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RY Dividends vs. Peers

RY's dividend yield currently ranks #30 of 110 vs. its peers in the Foreign Banks category.
Rank Symbol Name Dividend Yield
1 BBDO Banco Bradesco Sa American Depositary Shares (each representing one Common Share) 20.54%
2 BACHY Bank of China Limited 7.35%
3 ACGBY Agricultural Bank of China Limited 7.21%
4 BSBR Banco Santander Brasil SA American Depositary Shares, each representing one unit 6.98%
5 BLX Banco Latinoamericano de Comercio Exterior, S.A. 6.40%
6 BHKLY BOC Hong Kong (Holdings) Limited 6.30%
7 CICHY China Construction Bank Corporation 6.25%
8 IDCBY Industrial and Commercial Bank of China Limited 6.23%
9 CMAKY China Minsheng Banking Corp., Ltd. 5.64%
10 SBRCY Sberbank of Russia PJSC 5.18%
11 NTB Bank of N.T. Butterfield & Son Limited (The) Voting Ordinary Shares 5.15%
12 ANZBY Australia and New Zealand Banking Group Limited 5.03%
13 CRARY Crédit Agricole S.A. 5.01%
14 WBK Westpac Banking Corporation 4.85%
15 AVAL Grupo Aval Acciones y Valores S.A. ADR (Each representing 20 preferred shares) 4.84%
16 NABZY National Australia Bank Limited (NAB) 4.49%
17 SMFG Sumitomo Mitsui Financial Group Inc Unsponsored American Depositary Shares (Japan) 4.15%
18 DNHBY DNB ASA 3.71%
19 BSAC Banco Santander - Chile ADS 3.65%
20 MFG Mizuho Financial Group, Inc. Sponosred ADR (Japan) 3.55%
21 MUFG Mitsubishi UFJ Financial Group, Inc. 3.38%
22 BKEAY The Bank of East Asia, Limited 3.13%
23 SHG Shinhan Financial Group Co Ltd American Depositary Shares 3.08%
24 CMWAY Commonwealth Bank of Australia 3.06%
25 UOVEY United Overseas Bank Limited 3.02%
26 KB KB Financial Group Inc 2.91%
27 WF Woori Financial Group 2.74%
28 HSBC HSBC Holdings, plc. 2.70%
29 PPERY PT Bank Mandiri (Persero) Tbk 2.63%
30 RY Royal Bank Of Canada 2.45%
31 BMO Bank Of Montreal 2.42%
32 OVCHY Oversea-Chinese Banking Corporation Limited 2.38%
33 BBD Banco Bradesco Sa American Depositary Shares 2.37%
34 GBOOY Grupo Financiero Banorte, S.A.B. de C.V. 2.36%
35 FBP First BanCorp. New 2.35%
36 BNS Bank Nova Scotia Halifax Pfd 3 Ordinary Shares 2.22%
37 DBSDY DBS Group Holdings Ltd 2.20%
38 BCH Banco De Chile Banco De Chile ADS 2.08%
39 CM Canadian Imperial Bank of Commerce 1.95%
40 TD Toronto Dominion Bank (The) 1.84%
41 BNPQY BNP Paribas SA 1.84%
42 EWBC East West Bancorp, Inc. 1.81%
43 BSMX Banco Santander Mexico, S.A., Institucion de Banca Multiple, Grupo Financiero Santander Mexico 1.70%
44 SCGLY Societe Generale SA 1.68%
45 BDORY Banco do Brasil S.A. 1.61%
46 AKBTY Akbank T.A.S. 1.60%
47 SCBFF Standard Chartered PLC 1.49%
48 NTIOF National Bank of Canada 1.46%
49 OFG OFG Bancorp 1.45%
50 NWG Natwest Group plc 1.44%
51 SWDBY Swedbank AB 1.35%
52 DNKEY Danske Bank A/S 1.20%
53 LYG Lloyds Banking Group Plc American Depositary Shares 1.18%
54 SHZUY The Shizuoka Bank, Ltd. 1.07%
55 EBKDY Erste Group Bank AG 1.05%
56 ISNPY Intesa Sanpaolo S.p.A. 1.02%
57 BKNIY Bankinter, S.A. 0.95%
58 ING ING Group, N.V. 0.93%
59 CS Credit Suisse Group American Depositary Shares 0.88%
60 CIB BanColombia S.A. 0.86%
61 UBS UBS Group AG 0.74%
62 ITUB Itau Unibanco Holding S/A ADR 0.70%
63 BCS Barclays PLC 0.53%
64 KBCSY KBC Group NV 0.43%
65 NRDBY Nordea Bank Abp 0.34%
66 HDB HDFC Bank Limited 0.30%
67 GGAL Grupo Financiero Galicia S.A., Class B Shares underlying 0.25%
68 BBVA Banco Bilbao Vizcaya Argentaria S.A. 0.00%
69 SAN Banco Santander, S.A. Sponsored ADR (Spain) 0.00%
70 BBAR BBVA Banco Frances S.A. 0.00%
71 ITCB Itau CorpBanca American Depositary Shares (each representing 1,500 shares of , no par value) 0.00%
72 BMA Banco Macro S.A. ADR (representing Ten Class B Common Shares) 0.00%
73 RBS Royal Bank of Scotland Group Plc New (The) ADS 0.00%
74 IBN ICICI Bank Limited 0.00%
75 CRZBY Commerzbank AG 0.00%
76 DB Deutsche Bank AG 0.00%
77 BKHYY Bank Hapoalim B.M. 0.00%
78 BAP Credicorp Ltd. 0.00%
79 MDIBY Mediobanca S.p.A 0.00%
80 UNCRY UniCredit S.p.A. 0.00%
81 SBKFF State Bank of India 0.00%
82 CAIXY CaixaBank, S.A. 0.00%
83 MLYBY Malayan Banking Berhad 0.00%
84 CBWBF Canadian Western Bank 0.00%
85 MQBKY Macquarie Group Ltd. 0.00%
86 SUTNY Sumitomo Mitsui Trust Holdings, Inc. 0.00%
87 OTPGF OTP Bank Nyrt. 0.00%
88 SVNLY Svenska Handelsbanken AB 0.00%
89 FCI FirstCaribbean International Bank Limited 0.00%
90 PBCRY PT Bank Central Asia Tbk 0.00%
91 CIBEY Commercial International Bank -Egypt S.A.E 0.00%
92 TKYVY Turkiye Vakiflar Bankasi T.A.O. 0.00%
93 NDBKY Nedbank Group Ltd 0.00%
94 FANDY FirstRand Limited 0.00%
95 SGBLY Standard Bank Group 0.00%
96 TKGZY Turkiye Garanti Bankasi A.S. 0.00%
97 NTXFY Natixis S.A. 0.00%
98 AAVMY ABN AMRO Bank N.V. 0.00%
99 BDOUY BDO Unibank, Inc. 0.00%
100 KPCPY Kasikornbank Public Company Limited 0.00%
101 HACBY The Hachijuni Bank, Ltd. 0.00%
102 PSTVY Postal Savings Bank of China Co., Ltd. 0.00%
103 THBIY Turkiye Halk Bankasi AS 0.00%
104 AGRPY Absa Group Limited 0.00%
105 BKKLY Bangkok Bank Public Company Limited 0.00%
106 BKQNY Bank of Queensland Limited 0.00%
107 BKRIY Bank of Ireland Group plc 0.00%
108 BKRKY PT Bank Rakyat Indonesia (Persero) Tbk 0.00%
109 SMUUY Siam Commercial Bank Public Company Limited 0.00%
110 SNMCY Suncorp Group Ltd. 0.00%

Looking for More Information on RY dividends?

Here are a few links from around the web to help you further your research on Royal Bank Of Canada and its dividends:

Royal Bank Of Canada Common Stock (RY) Dividend History | Nasdaq
Dividend History for Royal Bank Of Canada (RY) - Dividend Investor
Royal Bank Of Canada (RY) Dividend History - Seeking Alpha

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