Royal Bank of Canada Dividend Stock Analysis 2017

Royal Bank of Canada

Royal Bank of Canada (RY.TO)(RY) is the largest of the Canadian banks by market cap. The company provides a diversified array of financial services operating via five segments: Personal & Commercial Banking, Wealth Management, Insurance, Investor & Treasury Services, and Capital Markets. Royal Bank was founded in 1864 and is headquartered in Toronto, Canada.

A Closer Look

Royal Bank is the largest of the Big Five Canadian banks. The company’s peers include Toronto-Dominion Bank (TD), Bank of Nova Scotia (BNS), Bank of Montreal (BMO), and Canadian Imperial Bank of Commerce (CM).

The Canadian banks are regarded as some of the safest financial institutions in the world. The companies have a long track record of being conservative and focused on long-term stability and prosperity. Most of these institutions have existed and paid dividends for more than 150 years and make for great core positions in any investor’s portfolio.

Royal Bank has focused and regarded asset management and wealth management, especially focusing on the (ultra) high net worth individuals as their growth strategy. It is for this reason that the company spent over $5B to acquire City National Corp, its biggest takeover move targeting the wealthy Southern California residents.

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Royal Bank of Canada Dividend Stock Analysis 2015

Royal Bank of Canada

Royal Bank of Canada (RY) is one of the Canadian banks – the largest of the Big Five by market cap. Royal Bank has operations in 52 countries including a strong presence in the Caribbean. The Big Five Canadian banks control most of Canada’s financial sector and are counted amongst the safest and strongest financial institutions. The companies have a long track record of being conservative and focused on long-term stability and prosperity.

RY has existed as an institution since 1864 and paid dividends since 1870. It makes for a great core position in any investor’s portfolio. There are plenty of headwinds facing the Canadian economy and the banks – including a recession, weak Canadian dollar, possibility of a housing bubble and potential crash – which have led to very attractive valuation levels for investors looking to initiate or add to their positions. This article takes a closer look at the stock and provides a full dividend stock analysis.

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