Royal Bank Of Canada (RY) Dividends

Royal Bank Of Canada (RY)

Today's Latest Price: $70.62 USD

1.19 (1.71%)

Updated Aug 5 8:03pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 44 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 years is greater than 97.38% 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 16,530,000,000, ranking above 99.34% stocks in our set (note that its net debt is negative, meaning it has more cash than debt).
  • To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with RY's price: SFUN, FDS, TMO, ELLO and MRVL.
RY Ex-Dividend Date
RY Dividend Yield
4.59%
RY Annual Dividend
$3.19
RY Payout Ratio

RY Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$70.62$122.29 75.13%

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. Regarding Royal Bank Of Canada, the DDM model generated by StockNews estimates a return of positive 75.13% in comparison to its current price. Digging deeper, the aspects of Royal Bank Of Canada's dividend discount model that we found most interesting were:

  • Given its market cap of around 99 billion US dollars, this puts the stock in the large-sized market cap class, and its dividend yield is greater than 79.09% of dividend yielding stocks in the same market cap class.
  • In terms of opportunity, Royal Bank Of Canada's estimated return of 75.13% surpasses about 79.18% of dividend issuers we applied the dividend discount model to.
  • As other dividend issuers in the Financial Services sector, RY's equity discount rate is less than 86.53% 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 #15 of 45 vs. its peers in the Foreign Banks category.
Rank Symbol Name Dividend Yield
1 BBVA Banco Bilbao Vizcaya Argentaria S.A. 8.59%
2 BLX Banco Latinoamericano de Comercio Exterior, S.A. 8.47%
3 BAP Credicorp Ltd. 6.95%
4 WF Woori Financial Group Inc. American Depositary Shares (each representing three (3) shares of ) 6.71%
5 AVAL Grupo Aval Acciones y Valores S.A. ADR (Each representing 20 preferred shares) 6.44%
6 BNS Bank Nova Scotia Halifax Pfd 3 Ordinary Shares 6.41%
7 ITCB Itau CorpBanca American Depositary Shares (each representing 1,500 shares of , no par value) 6.21%
8 CM Canadian Imperial Bank of Commerce 6.11%
9 BMO Bank Of Montreal 5.71%
10 SMFG Sumitomo Mitsui Financial Group Inc Unsponsored American Depositary Shares (Japan) 5.44%
11 TD Toronto Dominion Bank (The) 5.21%
12 KB KB Financial Group Inc 4.99%
13 MUFG Mitsubishi UFJ Financial Group, Inc. 4.88%
14 BSMX Banco Santander Mexico, S.A., Institucion de Banca Multiple, Grupo Financiero Santander Mexico 4.64%
15 RY Royal Bank Of Canada 4.59%
16 WBK Westpac Banking Corporation 4.59%
17 SHG Shinhan Financial Group Co Ltd American Depositary Shares 4.57%
18 BPOP Popular, Inc. 4.40%
19 CIB BanColombia S.A. 4.31%
20 MFG Mizuho Financial Group, Inc. Sponosred ADR (Japan) 3.83%
21 FBP First BanCorp. New 3.65%
22 SAN Banco Santander, S.A. Sponsored ADR (Spain) 3.56%
23 BCH Banco De Chile Banco De Chile ADS 3.48%
24 EWBC East West Bancorp, Inc. 3.10%
25 ING ING Group, N.V. 3.09%
26 BSBR Banco Santander Brasil SA American Depositary Shares, each representing one unit 2.74%
27 OFG OFG Bancorp 2.15%
28 BSAC Banco Santander - Chile ADS 1.90%
29 BBD Banco Bradesco Sa American Depositary Shares 0.99%
30 BBDO Banco Bradesco Sa American Depositary Shares (each representing one Common Share) 0.82%
31 ITUB Itau Unibanco Banco Holding SA American Depositary Shares (Each repstg 500 Preferred shares) 0.62%
32 CS Credit Suisse Group American Depositary Shares 0.46%
33 IBN ICICI Bank Limited 0.32%
34 BCS Barclays PLC 0.00%
35 HDB HDFC Bank Limited 0.00%
36 BBAR BBVA Banco Frances S.A. 0.00%
37 GGAL Grupo Financiero Galicia S.A., Class B Shares underlying 0.00%
38 BMA Banco Macro S.A. ADR (representing Ten Class B Common Shares) 0.00%
39 HSBC HSBC Holdings, plc. 0.00%
40 RBS Royal Bank of Scotland Group Plc New (The) ADS 0.00%
41 UBS UBS Group AG Registered Ordinary Shares 0.00%
42 NTB Bank of N.T. Butterfield & Son Limited (The) Voting Ordinary Shares 0.00%
43 LYG Lloyds Banking Group Plc American Depositary Shares 0.00%
44 DB Deutsche Bank AG 0.00%
45 FCI FirstCaribbean International Bank Limited 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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