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0 0 0 0 5.95628089820174E-05 0.00732622550479474 0.00854726308892729 0.0103341473583893
Stock impact report

Royal Bank of Canada (TSE:RY) Will Pay A Larger Dividend Than Last Year At CA$1.64 [Yahoo! Finance]

Royal Bank Of Canada (RY) 
Last royal bank of canada earnings: 2/21 06:00 am Check Earnings Report
US:NYSE Investor Relations: rbc.com/investorrelations/index.html
Company Research Source: Yahoo! Finance
Despite this raise, the dividend yield of 2.8% is only a modest boost to shareholder returns. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Even a low dividend yield can be attractive if it is sustained for years on end. Royal Bank of Canada has established itself as a dividend paying company with over 10 years history of distributing earnings to shareholders. Past distributions do not necessarily guarantee future ones, but Royal Bank of Canada's payout ratio of 43% is a good sign as this means that earnings decently cover dividends. The next 3 years are set to see EPS grow by 29.6%. Analysts forecast the future payout ratio could be 43% over the same time horizon, which is a number we think the company can maintain. Check out our latest analysis for Royal Bank of Canada The company has been paying a dividend for a long time, and it has been quite stable which gives us confidence in the future dividend Show less Read more
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