Royal Bank of Canada (TSX:RY) Total Payout Yield %: 3.40 (As of Jul. 06, 2026)


TSX:RY Royal Bank of Canada TSX:RY
77 GF Score
Price C$290.38
GF Value C$205.18
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Royal Bank of Canada Total Payout Yield %?

Royal Bank of Canada TSX:RY -0.02% 77 Total Payout Yield % is 3.40 as of Jul. 06, 2026. GuruFocus rates TSX:RY with a GF Score™ of 77/100 and a GF Value™ of C$205.18 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Total Payout Yield % is the percent a company has paid to its shareholders through net repurchases of shares and dividends based on its Market Cap. It is a measure of shareholder return.

Royal Bank of Canada's current Total Payout Yield % is 3.40%.


Royal Bank of Canada Total Payout Yield % Explanation

Similar to Dividend Yield, Total Payout Yield % is a measurement of shareholder return. Dividends is not the only way that companies are able to distribute their excess cash back to the shareholders. The other way to distribute the cash is a stock repurchase. The stock repurchase buys back the company's own shares from the marketplace. This results in a reduced number of oustanding shares, making each share worth a greater percentage of the corporation.


Royal Bank of Canada Total Payout Yield % Related Terms


Royal Bank of Canada Total Payout Yield % Historical Data

* Premium members only.

The historical data trend for Royal Bank of Canada's Total Payout Yield % can be seen below:

* 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 Total Payout Yield % Chart

Royal Bank of Canada Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Total Payout Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.44 7.19 3.47 2.70 4.01

Royal Bank of Canada Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Total Payout Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.80 4.80 4.54 4.11 4.93

TSX:RY vs JPM, BAC, WFC: Total Payout Yield % Comparison

For the Banks - Diversified subindustry, Royal Bank of Canada's Total Payout Yield %, along with its competitors' market caps and Total Payout 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.


Royal Bank of Canada Total Payout Yield % vs Banks Industry

For the Banks industry and Financial Services sector, Royal Bank of Canada's Total Payout Yield % distribution charts can be found below:

* The bar in red indicates where Royal Bank of Canada's Total Payout Yield % falls into.


TSX:RY
77GF Score
Royal Bank of Canada TSX:RY
Total Payout Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
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Royal Bank of Canada Total Payout Yield % Calculation

Total Payout Yield % is a measure of shareholder return.

Royal Bank of Canada's Total Payout Yield % for the fiscal year that ended in Oct. 2025 is calculated as

Total Payout Yield %=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) / Market Cap
=- (-13495 + 10771 + -8800) / 287681.42358
=4.01%

Royal Bank of Canada's annualized Total Payout Yield % for the quarter that ended in Apr. 2026 is calculated as

Total Payout Yield %=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) * Annualized Factor / Market Cap
=- (-4990 + 3236 + -2433) * 4 / 339380.06047
=4.93%

* 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.

Frequently Asked Questions Learn more about Total Payout Yield % →
What does a Total Payout Yield % of 3.40 mean?
Royal Bank of Canada (TSX:RY) has a Total Payout Yield % of 3.40 as of Jul. 06, 2026. Total Payout Yield is the percent a company has paid to its shareholders through net repurchase of shares and dividends based on its Market Cap. View historical data on Royal Bank of Canada and its competitors.
Is Royal Bank of Canada's Total Payout Yield % too high?
Royal Bank of Canada's current Total Payout Yield % is 3.40. Overall, Royal Bank of Canada has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Royal Bank of Canada's Total Payout Yield % compare to JPM and BAC?
Royal Bank of Canada's Total Payout Yield % of 3.40 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Payout Yield % for a Banks company?
A good Total Payout Yield % depends on the Banks industry context. However, Total Payout Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Payout Yield % mean?
A high Total Payout Yield % can signal that a stock is expensive relative to its fundamentals. Total Payout Yield is the percent a company has paid to its shareholders through net repurchase of shares and dividends based on its Market Cap. View historical data on Royal Bank of Canada and its competitors. Royal Bank of Canada's current Total Payout Yield % is 3.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royal Bank of Canada stock overvalued right now?
Based on GuruFocus' analysis, Royal Bank of Canada (TSX:RY) is currently considered Significantly Overvalued. The stock's GF Value™ is C$205.18, compared to a current price of C$290.38 — trading 41.5% above its estimated fair value. The current Total Payout Yield % is 3.40. Royal Bank of Canada's overall GF Score™ is 77/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Payout Yield % calculated?
Total Payout Yield % is calculated from a company's financial statements. For Royal Bank of Canada (TSX:RY), the current Total Payout Yield % is 3.40 as of Jul. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Royal Bank of Canada (TSX:RY) Overvalued in 2026?

Based on GuruFocus' analysis, Royal Bank of Canada stock appears to be overvalued. The current stock price of C$290.38 is trading 41.5% above its estimated GF Value™ of C$205.18. GuruFocus considers Royal Bank of Canada to be Significantly Overvalued.

Key valuation signals for TSX:RY:

  • Total Payout Yield %: 3.40
  • GF Value™: C$205.18 vs. price of C$290.38 (41.5% above fair value)
  • GF Score™: 77/100 with 8 warning signs

No single metric tells the full story. See the TSX:RY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Royal Bank of Canada Business Description

Address 1 Place Ville Marie, Corporate Secretary\'s Department, Montreal, QC, CAN, H3B 3A9
Royal Bank of Canada is one of the two largest banks in Canada, with around CAD 2.4 trillion in assets at the end of April 2026. It is a diversified financial services company, offering personal and commercial banking, wealth management, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada and has dominant market shares. RBC also has wealth and capital market businesses in the US, UK, and other countries. RBC is a top 15 investment bank globally.
77GF Score

Get the complete analysis for TSX:RY

Total Payout Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$290.38
Price
C$205.18
GF Value