Royal Bank Of Canada (RY) Dividends



Royal Bank Of Canada (RY)

Today's Latest Price: $84.30 USD

1.03 (-1.21%)

Updated Jan 22 7:00pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 106 in Foreign Banks

See all "A" rated Strong Buy stocks

Dividend Yield and Dividend History Highlights

  • RY's average cash flow over the past 5.01 years is greater than 97.87% of current dividend paying stocks in the US.
  • In terms of debt burden relative to earnings, RY has an EBITDA to net debt ratio of 15,717,000,000, ranking above 99.24% 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 98.6% 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: CIO, SIMO, SAFT, CSCO and SNY.
RY Ex-Dividend Date
RY Dividend Yield
3.80%
RY Annual Dividend
$3.24
RY Payout Ratio

RY Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$84.30$140.6 71.21%

A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. In the case of RY, the DDM model generated by StockNews estimates a return of positive 71.21% in comparison 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 117 billion US dollars -- its dividend yield of 3.95 is greater than 79.85% of its fellow stocks in the large market cap class.
  • In terms of opportunity, RY's provides a return of 71.21% based on the forecast of the dividend discount model we used relative to its current share price; this is a better return than 83.55% of all stocks we measured with our dividend discount model.
  • As other dividend issuers in the Financial Services sector, RY's equity discount rate is less than 86.98% 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 #23 of 108 vs. its peers in the Foreign Banks category.
Rank Symbol Name Dividend Yield
1 NRDBY Nordea Bank Abp 8.29%
2 CMAKY China Minsheng Banking Corp., Ltd. 6.96%
3 BLX Banco Latinoamericano de Comercio Exterior, S.A. 6.48%
4 BACHY Bank of China Limited 6.27%
5 BAP Credicorp Ltd. 5.62%
6 ITCB Itau CorpBanca American Depositary Shares (each representing 1,500 shares of , no par value) 5.59%
7 ACGBY Agricultural Bank of China Limited 5.50%
8 SBRCY Sberbank of Russia PJSC 5.41%
9 WF Woori Financial Group Inc. American Depositary Shares (each representing three (3) shares of ) 5.41%
10 NTB Bank of N.T. Butterfield & Son Limited (The) Voting Ordinary Shares 5.30%
11 BNS Bank Nova Scotia Halifax Pfd 3 Ordinary Shares 5.11%
12 CM Canadian Imperial Bank of Commerce 5.08%
13 CICHY China Construction Bank Corporation 4.75%
14 IDCBY Industrial and Commercial Bank of China Limited 4.64%
15 AVAL Grupo Aval Acciones y Valores S.A. ADR (Each representing 20 preferred shares) 4.64%
16 SMFG Sumitomo Mitsui Financial Group Inc Unsponsored American Depositary Shares (Japan) 4.47%
17 DNKEY Danske Bank A/S 4.47%
18 MUFG Mitsubishi UFJ Financial Group, Inc. 4.23%
19 TD Toronto Dominion Bank (The) 4.21%
20 BMO Bank Of Montreal 4.09%
21 MFG Mizuho Financial Group, Inc. Sponosred ADR (Japan) 4.06%
22 SHG Shinhan Financial Group Co Ltd American Depositary Shares 3.81%
23 RY Royal Bank Of Canada 3.80%
24 NTIOF National Bank of Canada 3.75%
25 KB KB Financial Group Inc 3.65%
26 BHKLY BOC Hong Kong (Holdings) Limited 3.54%
27 CIB BanColombia S.A. 3.22%
28 UOVEY United Overseas Bank Limited 3.16%
29 BSAC Banco Santander - Chile ADS 2.96%
30 BCH Banco De Chile Banco De Chile ADS 2.89%
31 PPERY PT Bank Mandiri (Persero) Tbk 2.87%
32 BBVA Banco Bilbao Vizcaya Argentaria S.A. 2.85%
33 BPOP Popular, Inc. 2.70%
34 WBK Westpac Banking Corporation 2.66%
35 ANZBY Australia and New Zealand Banking Group Limited 2.65%
36 OVCHY Oversea-Chinese Banking Corporation Limited 2.55%
37 DBSDY DBS Group Holdings Ltd 2.44%
38 SHZUY The Shizuoka Bank, Ltd. 2.30%
39 NABZY National Australia Bank Limited (NAB) 2.22%
40 FBP First BanCorp. New 2.03%
41 CMWAY Commonwealth Bank of Australia 2.03%
42 BKEAY The Bank of East Asia, Limited 1.84%
43 EWBC East West Bancorp, Inc. 1.80%
44 BKNIY Bankinter, S.A. 1.58%
45 OFG OFG Bancorp 1.46%
46 BSBR Banco Santander Brasil SA American Depositary Shares, each representing one unit 1.45%
47 BDORY Banco do Brasil S.A. 1.09%
48 CS Credit Suisse Group American Depositary Shares 0.87%
49 BBD Banco Bradesco Sa American Depositary Shares 0.84%
50 UBS UBS Group AG Registered Ordinary Shares 0.80%
51 BBDO Banco Bradesco Sa American Depositary Shares (each representing one Common Share) 0.69%
52 ITUB Itau Unibanco Banco Holding SA American Depositary Shares (Each repstg 500 Preferred shares) 0.54%
53 GGAL Grupo Financiero Galicia S.A., Class B Shares underlying 0.53%
54 BKHYY Bank Hapoalim B.M. 0.05%
55 SAN Banco Santander, S.A. Sponsored ADR (Spain) 0.00%
56 EBKDY Erste Group Bank AG 0.00%
57 BCS Barclays PLC 0.00%
58 HDB HDFC Bank Limited 0.00%
59 BBAR BBVA Banco Frances S.A. 0.00%
60 SWDBY Swedbank AB 0.00%
61 SCBFF Standard Chartered PLC 0.00%
62 SCGLY Societe Generale SA 0.00%
63 BMA Banco Macro S.A. ADR (representing Ten Class B Common Shares) 0.00%
64 ISNPY Intesa Sanpaolo S.p.A. 0.00%
65 HSBC HSBC Holdings, plc. 0.00%
66 CRARY Crédit Agricole S.A. 0.00%
67 RBS Royal Bank of Scotland Group Plc New (The) ADS 0.00%
68 BSMX Banco Santander Mexico, S.A., Institucion de Banca Multiple, Grupo Financiero Santander Mexico 0.00%
69 KBCSY KBC Group NV 0.00%
70 GBOOY Grupo Financiero Banorte, S.A.B. de C.V. 0.00%
71 IBN ICICI Bank Limited 0.00%
72 NWG Natwest Group plc 0.00%
73 CRZBY Commerzbank AG 0.00%
74 ING ING Group, N.V. 0.00%
75 LYG Lloyds Banking Group Plc American Depositary Shares 0.00%
76 DB Deutsche Bank AG 0.00%
77 AKBTY Akbank T.A.S. 0.00%
78 DNHBY DNB ASA 0.00%
79 BNPQY BNP Paribas SA 0.00%
80 MDIBY Mediobanca S.p.A 0.00%
81 UNCRY UniCredit S.p.A. 0.00%
82 SBKFF State Bank of India 0.00%
83 CAIXY CaixaBank, S.A. 0.00%
84 MLYBY Malayan Banking Berhad 0.00%
85 CBWBF Canadian Western Bank 0.00%
86 MQBKY Macquarie Group Ltd. 0.00%
87 SUTNY Sumitomo Mitsui Trust Holdings, Inc. 0.00%
88 OTPGF OTP Bank Nyrt. 0.00%
89 SVNLY Svenska Handelsbanken AB 0.00%
90 FCI FirstCaribbean International Bank Limited 0.00%
91 PBCRY PT Bank Central Asia Tbk 0.00%
92 CIBEY Commercial International Bank -Egypt S.A.E 0.00%
93 TKYVY Turkiye Vakiflar Bankasi T.A.O. 0.00%
94 NDBKY Nedbank Group Ltd 0.00%
95 FANDY FirstRand Limited 0.00%
96 SGBLY Standard Bank Group 0.00%
97 TKGZY Turkiye Garanti Bankasi A.S. 0.00%
98 NTXFY Natixis S.A. 0.00%
99 AAVMY ABN AMRO Bank N.V. 0.00%
100 BDOUY BDO Unibank, Inc. 0.00%
101 KPCPY Kasikornbank Public Company Limited 0.00%
102 HACBY The Hachijuni Bank, 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%

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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