Royal Bank of Canada Dividend
Dividend criteria checks 5/6
Royal Bank of Canada is a dividend paying company with a current yield of 3.99% that is well covered by earnings.
Key information
4.0%
Dividend yield
50%
Payout ratio
Industry average yield | 6.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €10.65 |
Dividend yield forecast in 3Y | 4.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RYC's dividends per share have been stable in the past 10 years.
Growing Dividend: RYC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Royal Bank of Canada Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (RYC) | 4.0% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.7% |
Industry Average (Banks) | 6.5% |
Analyst forecast in 3 Years (RYC) | 4.5% |
Notable Dividend: RYC's dividend (3.99%) is higher than the bottom 25% of dividend payers in the German market (1.68%).
High Dividend: RYC's dividend (3.99%) is low compared to the top 25% of dividend payers in the German market (4.61%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.1%), RYC's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: RYC's dividends in 3 years are forecast to be covered by earnings (50.9% payout ratio).