Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Royal Bank of Canada (RY)

Company Dividend Discount ModelIndustry: Banks - DiversifiedSector: Financial Services

Valuation Snapshot

Stable Growth$2,433.77 - $2,867.39$2,687.17
Multi-Stage$864.95 - $948.28$905.84
Blended Fair Value$1,796.50
Current Price$205.12
Upside775.83%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS6.80%6.79%6.234.703.934.934.554.484.273.993.763.54
YoY Growth--32.59%19.61%-20.27%8.41%1.37%5.11%6.83%6.23%6.24%9.49%
Dividend Yield--3.04%2.65%3.00%3.62%3.14%4.30%4.08%3.99%3.56%3.78%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)20,362.00
(-) Cash Dividends Paid (M)8,800.00
(=) Cash Retained (M)11,562.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)4,072.402,545.251,527.15
Cash Retained (M)11,562.0011,562.0011,562.00
(-) Cash Required (M)-4,072.40-2,545.25-1,527.15
(=) Excess Retained (M)7,489.609,016.7510,034.85
(/) Shares Outstanding (M)1,412.261,412.261,412.26
(=) Excess Retained per Share5.306.387.11
LTM Dividend per Share6.236.236.23
(+) Excess Retained per Share5.306.387.11
(=) Adjusted Dividend11.5312.6213.34
WACC / Discount Rate4.75%4.75%4.75%
Growth Rate5.50%6.50%7.50%
Fair Value$2,433.77$2,687.17$2,867.39
Upside / Downside1,086.51%1,210.05%1,297.91%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)20,362.0021,685.5323,095.0924,596.2726,195.0327,897.7028,734.64
Payout Ratio43.22%52.57%61.93%71.29%80.64%90.00%92.50%
Projected Dividends (M)8,800.0011,401.0014,302.9417,533.9721,124.6025,107.9326,579.54

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate4.75%4.75%4.75%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)10,781.5810,883.7710,985.97
Year 2 PV (M)12,791.0013,034.6313,280.57
Year 3 PV (M)14,828.5615,254.2415,687.98
Year 4 PV (M)16,894.5617,544.2818,212.56
Year 5 PV (M)18,989.3119,906.5020,858.79
PV of Terminal Value (M)1,147,247.131,202,659.601,260,192.83
Equity Value (M)1,221,532.151,279,283.021,339,218.70
Shares Outstanding (M)1,412.261,412.261,412.26
Fair Value$864.95$905.84$948.28
Upside / Downside321.68%341.62%362.31%

High-Yield Dividend Screener

« Prev Page 74 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
PHN.MIPharmanutra S.p.A.1.89%$1.0254.97%
002117.SZTungkong Inc.1.88%$0.2667.89%
031440.KSSHINSEGAE FOOD Inc.1.88%$899.9814.67%
1590.TWAirTAC International Group1.88%$17.9845.66%
2678.HKTexhong Textile Group Limited1.88%$0.096.21%
4112.THodogaya Chemical Co., Ltd.1.88%$42.1632.13%
4739.TITOCHU Techno-Solutions Corporation1.88%$81.1350.53%
600499.SSKeda Industrial Group Co., Ltd.1.88%$0.2634.23%
6594.TNidec Corporation1.88%$40.0525.72%
GFPT-R.BKGFPT Public Company Limited1.88%$0.2010.54%
NGI.AXNavigator Global Investments Limited1.88%$0.0619.77%
SVW.AXSeven Group Holdings Limited1.88%$0.8731.55%
002461.SZGuangzhou Zhujiang Brewery Co., Ltd1.87%$0.1740.51%
002788.SZLuyan Pharma Co.,Ltd.1.87%$0.4049.91%
600600.SSTsingtao Brewery Company Limited1.87%$1.1433.65%
600900.SSChina Yangtze Power Co., Ltd.1.87%$0.5137.99%
603238.SSHangZhou Nbond Nonwovens Co., Ltd.1.87%$0.3348.05%
6875.TMegaChips Corporation1.87%$148.1788.24%
7095.KLP.I.E. Industrial Berhad1.87%$0.0544.49%
8334.TThe Gunma Bank, Ltd.1.87%$32.3726.45%
BVB.DEBorussia Dortmund GmbH & Co. Kommanditgesellschaft auf Aktien1.87%$0.0623.76%
DNG.TODynacor Group Inc.1.87%$0.1028.25%
ICNC-UNIconic Sports Acquisition Corp.1.87%$0.2030.34%
PAZ.SNPaz Corp S.A.1.87%$14.9926.20%
002756.SZYongxing Special Materials Technology Co.,Ltd1.86%$1.0188.45%
006980.KSWoosung Co., Ltd.1.86%$299.972.95%
084110.KQHuons Global Co., Ltd.1.86%$939.2047.07%
4100.SRMakkah Construction & Development Company1.86%$1.4866.05%
603867.SSZhejiang Xinhua Chemical Co.,Ltd1.86%$0.4738.85%
6849.TNihon Kohden Corporation1.86%$31.3228.12%
9515.SRFesh Fash Snack Food Production Company1.86%$0.1824.81%
CIMSA.ISÇimsa Çimento Sanayi ve Ticaret A.S.1.86%$0.8543.17%
EGATIF.BKElectricity Generating Authority Of Thailand- North Bangkok Power Plant Block 1 Infrastructure Fund1.86%$0.1122.36%
ESNTEssent Group Ltd.1.86%$1.2117.35%
RVRC.STRVRC Holding AB (publ)1.86%$1.2044.59%
002803.SZXiamen Jihong Technology Co., Ltd.1.85%$0.3049.75%
2467.TWC Sun Mfg Ltd.1.85%$4.9998.76%
300160.SZJiangsu Xiuqiang Glasswork Co., Ltd.1.85%$0.1037.25%
600609.SSShenyang Jinbei Automotive Company Limited1.85%$0.0941.26%
601882.SSNingbo Haitian Precision Machinery Co.,Ltd.1.85%$0.3641.14%
603199.SSAnhui Jiuhuashan Tourism Development Co., Ltd.1.85%$0.6835.31%
7245.TDaido Metal Co., Ltd.1.85%$18.1630.01%
BTGB2Gold Corp.1.85%$0.0856.43%
COIC.STConcentric AB (publ)1.85%$4.2555.44%
MPCC.OLMPC Container Ships ASA1.85%$0.3256.17%
000823.SZGuangdong Goworld Co., Ltd.1.84%$0.2554.48%
0529.HKSiS International Holdings Limited1.84%$0.043.76%
0KBI.LKnorr-Bremse AG1.84%$1.7566.92%
300866.SZAnker Innovations Limited1.84%$2.1043.92%
4013.SRDr. Sulaiman Al Habib Medical Services Group Company1.84%$4.7270.08%