Royal Bank Of Canada (RY) Dividend Coverage Ratio (2018 - 2022)
Royal Bank Of Canada's Dividend Coverage Ratio was 2.10 in fiscal Q4 2022 (quarter ended Oct 31, 2022), down 14.2% from 2.44 a year earlier but up 2.8% from the prior quarter.
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Analysis
Royal Bank Of Canada (RY) Dividend Coverage Ratio (2018 - 2022) Analysis & Trends
For FY2022 (ended Oct 31, 2022), Dividend Coverage Ratio at Royal Bank Of Canada came in at 2.26.
- In earlier fiscal years, Dividend Coverage Ratio was 0.00 in FY2021 (-100.0%), 1.81 in FY2020 (-21.3%), 2.29 in FY2019 (+1.7%) and 2.25 in FY2018.
- Quarterly Dividend Coverage Ratio has moved between 0.00 (fiscal Q3 2018) and 2.66 (fiscal Q3 2021) over five years.
- Compared with a year earlier, Dividend Coverage Ratio has declined for three straight quarters, with growth averaging 23.8% over the last eight quarters.
- The best year-over-year quarter for Dividend Coverage Ratio over five years was fiscal Q2 2021 (growth of 165.0%); the worst was fiscal Q2 2020 (a decline of 64.2%).
- Per Business Quant data, RY's Dividend Coverage Ratio in the three fiscal quarters before Q4 2022 was 2.04 (Q3 2022), 2.42 (Q2 2022) and 2.55 (Q1 2022).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 895.36 Bn | 924.83 Bn | - | - |
| 2 | Banco Santander Chile | 425.01 Bn | 544.95 Bn | - | - |
| 3 | Bank Of America | 389.22 Bn | -1,986.85 Bn | - | 3.75 |
| 4 | Hsbc Holdings | 347.56 Bn | 347.61 Bn | - | - |
| 5 | Morgan Stanley | 304.44 Bn | -204.66 Bn | - | - |
| 6 | Royal Bank Of Canada | 281.54 Bn | 132.29 Bn | - | - |
| 7 | Mitsubishi Ufj Financial | 277.23 Bn | -1,311.26 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 267.12 Bn | -3,289.99 Bn | - | - |
| 9 | Wells Fargo & Company | 244.76 Bn | 246.90 Bn | - | 4.51 |
| 10 | Banco Santander | 209.18 Bn | 216.79 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Oct 31, 2022 | 2.10 |
| Jul 31, 2022 | 2.04 |
| Apr 30, 2022 | 2.42 |
| Jan 31, 2022 | 2.55 |
| Oct 31, 2021 | 2.44 |
| Jul 31, 2021 | 2.66 |
| Apr 30, 2021 | 2.51 |
| Jan 31, 2021 | 2.38 |
| Oct 31, 2020 | 2.02 |
| Jul 31, 2020 | 2.00 |
| Apr 30, 2020 | 0.95 |
| Jan 31, 2020 | 2.24 |
| Oct 31, 2019 | 1.65 |
| Jul 31, 2019 | 2.13 |
| Apr 30, 2019 | 2.65 |
| Jan 31, 2019 | 2.31 |
| Oct 31, 2018 | 2.41 |
| Jul 31, 2018 | 0.00 |
| Apr 30, 2018 | 2.14 |
| Jan 31, 2018 | 2.10 |
API Access
Royal Bank Of Canada Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=RY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "RY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=RY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();