Royal Bank Of Canada Dividend yield




   CAD/share 
 Price  126.03
 Dividend  4.32
 Earnings  8.75
 Cash-flow  15.37
 Book value  57.29
 Equity  55.73

Royal Bank Of Canada is part of Banks business, which is part of Financials industry. Royal Bank Of Canada is a company from Canada, and his stocks are publicly traded.

Royal Bank Of Canada paid a total dividend of 6,156 million CAD last year, for a market value of 179,593 millions (Market Cap 179,512 millions). Dividend per share of Royal Bank Of Canada is 4.32 CAD, and his stock market price 126.03 CAD.

According to the chart below, where dividend yield is displayed, Royal Bank Of Canada has a dividend yield of 3.43%, which is higher than the amount offered by both the market average and companies from Canada. It is also bigger than average of Financials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Royal Bank Of Canada dividend yield with other Banks companies or firms from Canada.

Dividend yield of Royal Bank Of Canada

Royal Bank Of Canada Dividend Payout

About the ability of Royal Bank Of Canada to maintain his current dividend of CAD 4.32 per share, an amount that accounts for 3.43%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Royal Bank Of Canada payout on ernings is currently 49.37%, which is higher than the market average, and companies of Financials industry, which are 39.27% and 39.00% respectively. Both figures show that Royal Bank Of Canada can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Royal Bank Of Canada is CAD 15.37 per share, which is higher than the dividend per share paid by the company of CAD 4.32, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Royal Bank Of Canada, compared againt world market average, Canada companies, Financials industry and Banks sector companies.

Royal Bank Of Canada payout

Royal Bank Of Canada Dividend History

Year Yield  CAD  Paypout  Shares* 
Present3.43%4.3249.37%1,425
20204.13%4.3249.15%1,424
20193.96%4.0742.80%1,444
20184.20%3.9243.65%1,444
20173.55%3.6443.59%1,458
20163.81%3.3244.21%1,480
20154.15%3.1649.84%1,480

*In millions

Royal Bank Of Canada Stock performance

Finally, last moth Royal Bank Of Canada showed a return of -2.80% compared to a worldwide -1.33% average, and a -1.33% of Financials firms. Over the last year, the company obtained a 34.80% versus a worldwide performance of a 31.58%. More detailed information can be seen in the following graph for Canada and Banks firms.

Royal Bank Of Canada stock and market return