Royal Bank of Canada (Royal Bank of Canada) 3-Year Dividend Growth Rate

: 7.60% (As of Jan. 2024)

View and export this data going back to 2015. Start your Free Trial

Royal Bank of Canada's Dividends per Share for the three months ended in Jan. 2024 was $0.00.

The historical rank and industry rank for Royal Bank of Canada's 3-Year Dividend Growth Rate or its related term are showing as below:

RYPRSCL.PFD' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 1.3 Med: 9.8 Max: 21.7
Current: 7.6

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Royal Bank of Canada was 21.70% per year. The lowest was 1.30% per year. And the median was 9.80% per year.

RYPRSCL.PFD's 3-Year Dividend Growth Rate is ranked better than
50.19% of 779 companies
in the Banks industry
Industry Median: 7.5 vs RYPRSCL.PFD: 7.60

During the past 12 months, Royal Bank of Canada's average Dividends Per Share Growth Rate was 6.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 7.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Royal Bank of Canada's Dividend Payout Ratio for the three months ended in Jan. 2024 was 0.00. As of today, Royal Bank of Canada's Dividend Yield % is 4.13%.

For more information regarding to dividend, please check our Dividend Page.

Competitive Comparison

For the Banks - Diversified subindustry, Royal Bank of Canada's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.

Royal Bank of Canada 3-Year Dividend Growth Rate Distribution

For the Banks industry and Financial Services sector, Royal Bank of Canada's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Royal Bank of Canada's 3-Year Dividend Growth Rate falls into.

Royal Bank of Canada 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Royal Bank of Canada (NYSE:RYPRSCL.PFD) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Royal Bank of Canada's Dividend Payout Ratio for the quarter that ended in Jan. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jan. 2024 )	/	EPS without NRI (Q: Jan. 2024 )
	=	0	/	0
	=	N/A

During the past 13 years, the highest Dividend Payout Ratio of Royal Bank of Canada was 0.55. The lowest was 0.39. And the median was 0.47.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

During the past 13 years, the highest Dividend Yield of Royal Bank of Canada was 5.27%. The lowest was 2.93%. And the median was 3.76%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Royal Bank of Canada 3-Year Dividend Growth Rate Related Terms>

Royal Bank of Canada (Royal Bank of Canada) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Royal Bank of Canada (NYSE:RYPRSCL.PFD) » Definitions » 3-Year Dividend Growth Rate

Comparable Companies

Traded in Other Exchanges

RY:USA RYC:Germany RY.PR.S.PFD:Canada RY.PR.Z.PFD:Canada RY.PR.O.PFD:Canada RY.PR.N.PFD:Canada RY.PR.M.PFD:Canada RY.PR.J.PFD:Canada RY.PR.H.PFD:Canada RY:Canada

Address

1 Place Ville-Marie, Corporate Secretary's Department, Montreal, QC, CAN, H3B 3A9

Website

https://www.rbc.com

Royal Bank of Canada is one of the two largest banks in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth-management services, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada, with additional operations in the U.S. and other countries.