Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Mode

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 97 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
3706.TWMiTAC Holdings Corporation1.03%$0.9320.99%
601231.SSUniversal Scientific Industrial (Shanghai) Co., Ltd.1.03%$0.3142.44%
603029.SSShandong Swan CottonIndustrial Machinery Stock Co.,Ltd.1.03%$0.1928.04%
6719.TWuPI Semiconductor Corp.1.03%$1.9395.83%
8869.KLPress Metal Aluminium Holdings Berhad1.03%$0.0733.32%
BBarrick Mining Corporation1.03%$0.4521.51%
ELHA.ATElvalhalcor Hellenic Copper and Aluminium Industry S.A.1.03%$0.0411.81%
000548.SZHunan Investment Group Co., Ltd.1.02%$0.0659.94%
000969.SZAdvanced Technology & Materials Co., Ltd.1.02%$0.2171.26%
002730.SZDianguang Explosion-proof Technology Co., Ltd.1.02%$0.1558.37%
104830.KQWONIK Materials Co.,Ltd.1.02%$349.9412.91%
1439.TWAscent Development Co Ltd1.02%$0.3010.76%
1523.HKPlover Bay Technologies Limited1.02%$0.0692.02%
251270.KSNetmarble Corporation1.02%$502.9938.36%
301606.SZUgreen Group Ltd1.02%$0.6040.99%
600523.SSGuizhou Guihang Automotive Components Co.,Ltd1.02%$0.1636.20%
600986.SSZhewen Interactive Group Co., Ltd.1.02%$0.0892.78%
603004.SSZhejiang Dragon Technology Co., Ltd.1.02%$0.2431.73%
603041.SSJiangsu Maysta Chemical Co., Ltd.1.02%$0.1270.45%
603239.SSZhejiang Xiantong Rubber&Plastic Co.,Ltd1.02%$0.2129.27%
603301.SSZhende Medical Co., Ltd.1.02%$0.7268.19%
8476.HKOcean One Holding Ltd.1.02%$0.0426.91%
9168.TRise Consulting Group, Inc.1.02%$8.6914.15%
9570.SRTam Development Co.1.02%$0.927.62%
GTXGarrett Motion Inc.1.02%$0.1811.04%
NAVNETEDUL.BONavneet Education Limited1.02%$1.5115.58%
002294.SZShenzhen Salubris Pharmaceuticals Co., Ltd.1.01%$0.5082.89%
002423.SZCOFCO Capital Holdings Co., Ltd.1.01%$0.1228.45%
002965.SZLucky Harvest Co., Ltd.1.01%$0.4143.96%
086900.KQMedy-Tox Inc.1.01%$1,238.7136.92%
300771.SZShenzhen Zhilai Sci and Tech Co., Ltd.1.01%$0.1649.28%
7733.TOlympus Corporation1.01%$19.9620.09%
ALPOU.PAPoulaillon S.A.1.01%$0.063.34%
ELG.DEElmos Semiconductor SE1.01%$1.0013.84%
IIA.VIImmofinanz AG1.01%$0.1717.54%
000922.SZHarbin Electric Corporation Jiamusi Electric Machine CO.,Ltd1.00%$0.1438.72%
002611.SZGuangdong Dongfang Precision Science & Technology Co., Ltd.1.00%$0.1933.91%
003001.SZZhongyan Technology Co., Ltd.1.00%$0.2071.99%
064760.KQTokai Carbon Korea Co., Ltd.1.00%$1,458.9923.09%
0ROY.LDavide Campari-Milano N.V.1.00%$0.1229.93%
1696.HKSisram Medical Ltd1.00%$0.0445.32%
300662.SZBeijing Career International Co., Ltd.1.00%$0.2517.33%
603950.SSXiangyang Changyuandonggu Industry Co., Ltd.1.00%$0.2926.83%
688087.SSShandong Intco Recycling Resources Co., Ltd.1.00%$0.3116.87%
9546.SRNaba Alsaha Medical Services Company1.00%$0.508.66%
BELL.JKPT Trisula Textile Industries Tbk1.00%$0.6981.83%
EPEN.STEpendion AB1.00%$1.1226.30%
IATR.ATAthens Medical C.S.A.1.00%$0.0258.56%
002801.SZHangzhou Weiguang Electronic Co.,Ltd.0.99%$0.3528.52%
003090.KSDaewoong Co., Ltd.0.99%$211.1210.55%