21/08/2019 - Royal Bank of Canada announced today that its board of directors has declared an increase to its quarterly common share dividend of three cents, or three per cent, to $1.05 per share, payable on and after November 22, 2019, to common shareholders of record at the close of business on October 24, 2019.
Net income of $12,871 million for the year ended October 31, 2019, up $440 million or 4% from the prior year.
Diluted EPS growth of 5%.
Results reflected strong earnings growth in Personal & Commercial Banking and Wealth Management as we continued to leverage our scale and unique client value proposition to drive strong client-driven volumes.
Solid results in Insurance were mainly driven by the impact of new longevity reinsurance contracts.
We increased our quarterly dividend twice during 2019, for an annual dividend increase of 8%.
In 2019, we repurchased 10.3 million shares for $1 billion.
Net income of $3,509 million for the quarter ended January 31, 2020, up $337 million or 11% from the prior year, with strong diluted EPS growth of 12%.
Compared to last quarter, net income was up $303 million.
Como es el tema de las retenciones en origen para los dividendos con esta accion? Con el W8BEN yo estaria? O tengo que operar en CA y pedir que mi broker mande el formulario canadiense?
Yo esta la vengo siguiendo. Es la única así financiera/bancos que me interesa.
Primero pq hace no sé cuantas decenas de años que paga dividendos. Segundo por su exposición al dólar canadiense que suele tener correlación con el oro y tercero porque está creciendo y comiendo share en el mercado americano.
En Canadá es líder y allá no se cambia de banco como acá.
Royal Bank of Canada is the 11th safest bank in the world according to rating agencies and one of the safest banks you can invest in.
Its AA-credit rating means a 0.4% risk of bankruptcy over the next 30 years. Royal Bank is the ultimate “Buy and hold forever” high-yield Ultra SWAN.
It has 91st percentile global risk management according to S&P, and hasn’t missed a dividend payment in 153 years.
Management has a solid plan to grow 7+%, meaning 11% to 12% historical returns could persist for decades, generating 12X inflation-adjusted returns for retirees and 144X real returns for younger investors.