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 77 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
EFN-PA.TOElement Fleet Management Corp.1.77%$0.4438.48%
RMS.AXRamelius Resources Limited1.77%$0.0712.68%
RSTIP.MERosseti, Public Joint Stock Company1.77%$0.025.65%
TRIThomson Reuters Corporation1.77%$2.2457.46%
UFOE.JKPT Damai Sejahtera Abadi Tbk1.77%$3.2616.08%
002073.SZMesnac Co., Ltd.1.76%$0.1431.34%
068290.KSSamsung Publishing Co., Ltd1.76%$199.5321.01%
0EWR.Linit innovation in traffic systems SE1.76%$0.8047.67%
300923.SZYeal Electric Co.,Ltd1.76%$0.4571.34%
600019.SSBaoshan Iron & Steel Co., Ltd.1.76%$0.1329.23%
600176.SSChina Jushi Co., Ltd.1.76%$0.3034.66%
603225.SSXinfengming Group Co., Ltd.1.76%$0.3448.02%
7269.TSuzuki Motor Corporation1.76%$41.0219.60%
7556.TWOYeedex Electronic Corporation1.76%$2.9043.54%
AWRD.STAwardit AB (publ)1.76%$2.3082.26%
AXSAXIS Capital Holdings Limited1.76%$1.8414.40%
KCR.HEKonecranes Plc1.76%$1.6533.86%
SY1.DESymrise AG1.76%$1.2033.09%
VINTE.MXVinte Viviendas Integrales, S.A.B. de C.V.1.76%$0.5714.97%
002350.KSNexen Tire Corporation1.75%$130.258.28%
003019.SZTES Touch Embedded Solutions (Xiamen) Co., Ltd.1.75%$0.5854.54%
300951.SZShenzhen Bsc Technology Co.,Ltd.1.75%$0.6051.92%
301156.SZShanghai Menon Animal Nutrition Technology Co., Ltd.1.75%$0.3173.33%
3242.TUrbanet Corporation Co.,Ltd.1.75%$10.029.72%
603045.SSFuda Alloy Materials Co.,Ltd1.75%$0.3478.02%
7512.TAeon Hokkaido Corporation1.75%$15.9769.82%
ICC.BKI.C.C. International Public Company Limited1.75%$0.4329.50%
IMD.AXImdex Limited1.75%$0.0637.34%
KRI.ATKri-Kri Milk Industry S.A.1.75%$0.3541.81%
PEAB-B.STPeab AB (publ)1.75%$1.5126.14%
SIMP.JKPT Salim Ivomas Pratama Tbk1.75%$10.008.73%
001820.KSSAMWHA CAPACITOR Co.,LTD1.74%$525.0939.85%
006260.KSLS Corp.1.74%$3,619.1044.44%
006880.KSSingsong Holdings Co.,Ltd.1.74%$119.6228.35%
030520.KQHancom Inc.1.74%$409.9476.57%
243070.KQHuons Co., Ltd.1.74%$475.6315.69%
300488.SZEST Tools Co., Ltd1.74%$0.5763.18%
300787.SZAnfu CE LINK Limited1.74%$0.2056.29%
316140.KSWoori Financial Group Inc.1.74%$487.0211.05%
603817.SSFujian Haixia Environmental Protection Group Co.,Ltd.1.74%$0.1232.99%
603885.SSJuneyao Airlines Co., Ltd1.74%$0.2676.13%
688566.SSJiangsu Jibeier Pharmaceutical Co., Ltd.1.74%$0.5242.91%
CRLA.PACaisse Régionale de Crédit Agricole Mutuel du Languedoc Société coopérative1.74%$1.417.62%
IVG.MIIveco Group N.V.1.74%$0.3327.33%
LTX.WALentex S.A.1.74%$0.1231.81%
MICE.JKPT Multi Indocitra Tbk1.74%$10.0013.08%
1334.HKRuichang Intl1.73%$0.0276.84%
4689.TLY Corporation1.73%$7.2024.40%
603926.SSZhejiang Tieliu Clutch Co., Ltd.1.73%$0.3066.82%
688533.SSSuzhou Sonavox Electronics Co., Ltd.1.73%$0.5045.54%