Royal Bank Of Canada (RY) Dividends
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 Price Forecast Based on Dividend Discount Model
|Current Price||DDM Fair Value Target:||Forecasted Gain:|
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|
|Loading, please wait...|