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$727.70 - $2,867.39$1,998.68
Multi-Stage$353.18 - $386.21$369.39
Blended Fair Value$1,184.04
Current Price$205.12
Upside477.24%
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 Rate7.17%7.17%7.17%
Growth Rate5.50%6.50%7.50%
Fair Value$727.70$1,998.68$2,867.39
Upside / Downside254.77%874.39%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 Rate7.17%7.17%7.17%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)10,538.1210,638.0110,737.90
Year 2 PV (M)12,219.8712,452.6212,687.57
Year 3 PV (M)13,846.5614,244.0514,649.07
Year 4 PV (M)15,419.5216,012.5116,622.44
Year 5 PV (M)16,940.0117,758.2218,607.75
PV of Terminal Value (M)429,814.79450,575.01472,129.77
Equity Value (M)498,778.88521,680.42545,434.49
Shares Outstanding (M)1,412.261,412.261,412.26
Fair Value$353.18$369.39$386.21
Upside / Downside72.18%80.09%88.29%

High-Yield Dividend Screener

« Prev Page 79 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
600082.SSTianjin Hi-Tech Development Co.,Ltd.1.68%$0.0772.77%
603815.SSAnhui Gourgen Traffic Construction Co.,Ltd.1.68%$0.1245.85%
7280.TMitsuba Corporation1.68%$17.578.76%
8985.TJapan Hotel REIT Investment Corporation1.68%$1,370.9717.79%
002836.SZGuangdong New Grand Long Packing Co., Ltd.1.67%$0.2597.86%
2419.HKDekon Food & Agriculture Group1.67%$1.167.76%
5357.TYotai Refractories Co., Ltd.1.67%$30.3125.15%
600312.SSHenan Pinggao Electric Co.,Ltd.1.67%$0.2934.28%
600933.SSIKD Co., Ltd.1.67%$0.3431.46%
603259.SSWuXi AppTec Co., Ltd.1.67%$1.5231.50%
688580.SSNanjing Vishee Medical Technology Co., Ltd1.67%$0.8161.33%
8359.TThe Hachijuni Bank, Ltd.1.67%$28.2722.23%
9597.SRLeaf Global Environmental Services Co.1.67%$0.5625.93%
BBMD.JKPT Bank Mestika Dharma Tbk1.67%$34.2540.25%
ELN.MIEL.En. S.p.A.1.67%$0.2325.56%
HARB-B.COHarboes Bryggeri A/S1.67%$2.0018.85%
HARVIA.HEHarvia Oyj1.67%$0.7256.92%
NORBT.OLNorbit ASA1.67%$2.9950.40%
002240.KSKiswire Ltd.1.66%$350.6518.13%
011780.KSKumho Petrochemical Co., Ltd.1.66%$1,950.8219.35%
0QI7.LAddtech AB (publ.)1.66%$3.2043.14%
1346.HKLever Style Corporation1.66%$0.0247.86%
1789.HKAK Medical Holdings Limited1.66%$0.1022.23%
273640.KQYM Tech Co., Ltd.1.66%$139.5629.02%
300039.SZShanghai Kaibao Pharmaceutical CO.,Ltd1.66%$0.1030.28%
603231.SSSolbar Ningbo Protein Technology Co., Ltd.1.66%$0.3032.96%
688575.SSShenzhen YHLO Biotech Co., Ltd.1.66%$0.2493.71%
AKBNK.ISAkbank T.A.S.1.66%$1.2213.20%
TFIITFI International Inc.1.66%$1.7745.37%
002124.SZTech-Bank Food Co., Ltd.1.65%$0.0526.60%
002978.SZSichuan Anning Iron and Titanium Co.,Ltd.1.65%$0.5431.99%
009470.KSSamwha Electric Co.,Ltd.1.65%$500.1426.53%
009900.KSMyoung Shin Industrial Co.,Ltd1.65%$149.459.10%
0743.HKAsia Cement (China) Holdings Corporation1.65%$0.0425.13%
0HDQ.LSynergie SE1.65%$0.509.05%
1308.HKSITC International Holdings Company Limited1.65%$0.4666.51%
2273.HKGushengtang Holdings Limited1.65%$0.4819.04%
300750.SZContemporary Amperex Technology Co., Limited1.65%$6.0743.20%
300856.SZNanjing COSMOS Chemical Co., Ltd.1.65%$0.2283.60%
300932.SZSanyou Corporation Limited1.65%$0.2084.47%
323410.KSKakaoBank Corp.1.65%$360.2837.33%
5101.TThe Yokohama Rubber Co., Ltd.1.65%$99.2824.61%
601228.SSGuangzhou Port Company Limited1.65%$0.0545.08%
603193.SSRunben Biotechnology1.65%$0.4052.98%
603312.SSSuzhou W Deane New Power Elec1.65%$0.7741.51%
9542.SRKeir International Co.1.65%$0.0723.35%
CEVI.STCellaVision AB (publ)1.65%$2.5039.38%
SIISprott Inc.1.65%$1.6761.40%
ZUE.WAZUE S.A.1.65%$0.2151.75%
2758.TWOLouisa Professional Coffee Ltd.1.64%$1.5047.97%