RY Royal Bank Of Canada

Financial Services · Banks - Diversified

6 · Fair Momentum 10.0 · Strong Safe 10y streak

210.37

-2.35%

About the company

Royal Bank of Canada operates as a diversified financial service company worldwide. Its Personal Banking segment offers home equity financing, personal lending, chequing and savings accounts, private banking, auto financing, mutual funds, GICs, credit cards, and payment products and solutions. The company's Commercial Banking segments provides lending, deposit and transaction banking products and services. Its Wealth Management segment provides a suite of wealth, investment, trust, banking, credit, and other solutions to clients; asset management products to institutional and individual clients; and asset and investor services to financial institutions, asset managers, and asset owners. The company's Insurance segment offers life, health, travel, wealth, annuities, property and casualty, and reinsurance advice and solutions; digital platforms; and independent brokers and partners, as well as client-led advice and solutions. The company's Capital Markets segment offers advisory and origination, sales and trading, lending and financing, and transaction banking services to corporations, institutional clients, asset managers, private equity firms, and governments. The company was founded in 1864 and is based in Toronto, Canada.

Website

2.42%

48.20%

5.10

292.3B

19.88

10.58

171.07

52-week range

210

low 127 high 219

Dividend deep dive

Royal Bank Of Canada (RY) is a Canadian banking and financial services company. It currently offers a dividend yield of 2.37% based on its recent dividend of 5.1 USD and a price of 215.43 USD. The provided data does not include a 5-year historical yield range, a dividend rating score, or intrinsic momentum and value scores to provide context for its current valuation or price trend.

Dividend history

Information regarding Royal Bank Of Canada's dividend history, including its streak of consecutive dividend increases, is not available in the provided data. Similarly, the 3-year and 5-year Compound Annual Growth Rates (CAGR) for its dividend are missing. The specific year-by-year dividend payment history is also not provided. Investors would need to seek external data to understand the company's past dividend growth and consistency trends. Its current annual dividend is 5.1 USD per share.

Dividend safety

Royal Bank Of Canada's dividend appears covered, with a payout ratio of 47.05% based on its current annual dividend of 5.1 USD and EPS of 10.84 USD. However, key leverage metrics such as debt-to-equity, current ratio, and quick ratio are not provided, which limits a comprehensive assessment of the company's financial stability. The data also does not include valuation indicators like fair value estimates, Chowder number, Yield Theory, or its CCC tier, making it difficult to assess if the stock is currently undervalued or overvalued from a dividend perspective.

Key risks

Absence of historical dividend growth rates (CAGR) and streak data makes long-term dividend reliability difficult to assess.
Missing leverage ratios (debt-to-equity, current, quick) prevent a full evaluation of the company's financial health.
Lack of valuation metrics, such as fair value or Yield Theory, limits insight into the stock's current price relative to its intrinsic value.
No dividend rating score is available to benchmark its dividend quality against peers.