As of today (2024-04-19), the Forward Annual Dividend Yield of City National is 5.56%.
As of today (2024-04-19), the Trailing Annual Dividend Yield of City National is 5.56%.
CYNPRC.PFD's Forward Dividend Yield % is not ranked
in the Banks industry.
Industry Median: 4.19
vs CYNPRC.PFD: 5.56
City National's Dividends per Share for the
three
months ended in Jun. 2015 was $0.00.
During the past 12 months, City National's average Dividends Per Share Growth Rate was 17.20% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 18.20% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 21.10% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was -5.70% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of City National was 31.50% per year. The lowest was -39.90% per year. And the median was 16.70% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison
For the Banks - Regional subindustry, City National's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
City National Forward Dividend Yield % Distribution
For the Banks industry and Financial Services sector, City National's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where City National's Forward Dividend Yield % falls into.
City National Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
City National (NYSE:CYNPRC.PFD) Forward Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
City National Forward Dividend Yield % Related Terms
Thank you for viewing the detailed overview of City National's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
City National (City National) Business Description
City National Corp is a Delaware corporation organized in 1968. It is a bank holding company and a financial holding company. It provides banking, investment and trust services to its clients through its wholly-owned banking subsidiary, City National Bank. The Bank operates through 77 offices, including 16 full-service regional centers, in Southern California, the San Francisco Bay area, Nevada, New York City, Nashville, Tennessee and Atlanta, Georgia. The Company provides financial solutions to affluent individuals, entrepreneurs, professionals, their businesses and their families. The Company's segments include, Commercial and Private Banking, & Wealth Management. The Commercial and Private Banking segment provides banking products and services, including commercial and mortgage lending, lines of credit, equipment lease financing, deposits, cash management services, international trade finance and letters of credit. All investment advisory affiliates and the Bank's wealth management services are included in the Wealth Management segment. The Company's principal client base consists of small to mid-sized businesses, entrepreneurs, professionals, and affluent individuals. The Company serves its clients through relationship banking. The Company offers lending, deposit, cash management, international banking, equipment financing, and other products and services. The Bank's wealth management division make available the following investment advisory and wealth management resources to the Company's clients: investment management and advisory services and brokerage services, including portfolio management, securities trading and asset management; personal and business trust and investment services, including employee benefit trust services, 401(k) and defined benefit plans; and estate and financial planning and custodial services. The Company also advises and makes available mutual funds under the name of City National Rochdale Funds. The Bank's wealth management division and the Company's asset management subsidiaries provide both proprietary and nonproprietary products to offer asset classes and investment styles, including fixed-income instruments, mutual funds, domestic and international equities and alternative investments, such as hedge funds. Investment services are provided to institutional as well as individual clients. The Company faces competitive credit and pricing pressure as it competes with other banks and financial organizations. It is subject to extensive regulation under both federal and state law.
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