Rank Royal Bank of Canada Preferreds

This compare tool allows you to Rank Royal Bank of Canada Preferreds, based on the latest stock information available. Our goal is to provide you with the information and metrics related to the Royal Bank of Canada preferreds. Your goal is to establish which preferred will provide you the best returns. If you are buying today, these tools will expedite and aid the selection process. Given all the data available here, an informed decision is within reach.

In a market with low volumes you can use this information to identify mispriced shares. Since all preferreds belong to the same issuer, the risk is the same for all of them.

Royal Bank of Canada Brief Overview

Visit the Royal Bank of Canada company website to see the preferred share prospectus, news and other information.

Sector: Financial Services

Core businesses and operations:

  1. Offers personal and commercial banking, wealth-management services, insurance, corporate banking, and capital markets services.
  2. Largest Canadian Bank by market Capitalization.
Issues Not tracked by our system The following Royal Bank issues are US$ based and not included in our system.
  1. NYSE: RY.PR.T 6.750% FIXED RATE/FLOATING RATE NONCUMULATIVE FIRST PREFERRED SHARES, SERIES C-2

The latest information and statistics on their common stock RY, can be easily accessed using websites like TMX Money.

Dividend Payment Schedule: 2022FEB24 , 2021MAY24 , 2021AUG24 , 2021NOV24

Ex Dividend Date Schedule: 2022JAN23 , 2021APR24 , 2021JUL24 , 2021OCT24

 

Royal Bank of Canada Credit Rating

The latest credit rating for Royal Bank of Canada are listed in the table below. For additional information on credit rating agencies and codes see our article Credit Rating Symbols.

S&P CorporateS&P PreferredsDBRS Long TermDBRS PreferredsS&P Global CorporateS&P Global PreferredsMoody's LongTermFitch Long TermFitch Short Term
AA-BBB+AA(high)Pfd-2HAa2AAF1+

Royal Bank of Canada Common Share Metrics

Symbol: TSE:RYCurrency: CADMarket Cap: $139,904,709,533Price: $125.73
P/E: 11.85P/B: 2.29Dividend: $1.08Yield: 3.44%
Beta: 0.7100

Royal Bank of Canada Overall Preferred Share Metrics

I have reviewed the full set of Royal Bank of Canada preferreds. Based on my review the following data points may be of interest to current and potential investors in the securities of "Royal Bank of Canada". In other words, this is what I think is worth highlighting in this set of preferred shares. In addition it provides a quick overview of the detailed information presented furher down this page.


Preferred issues: 8Lowest Current Yield: RY-M @ 3.07%Highest Current Yield: RY-P @ 4.85%Average Current Yield: 4.10%
5 Year Reset issues: 55YR Reset Lowest Reset Yield: RY-S @ 3.16%5YR Reset Highest Reset Yield: RY-J @ 3.63%5YR Reset Average Reset Yield: 3.35%
Lowest Rate Change Percent: RY-P @ -7.000%Highest Rate Change Percent: RY-Z @ 4.00%Average Rate Change Percent: -1.000%
Market Cap at Market Value: 2,687,540,000Market Cap at Face Value: 2,700,000,000Discount Amount: 12,460,000Discount Percent: 0.46%
Percent of Total Market Cap at Market Value: 3.80%Percent of Total Market Cap at Face Value: 3.36%



 
 

Rank Royal Bank of Canada Preferreds - Compare Tool.

If you need more information on how to use the metrics below, watch our video Introduction to Compare Tools or see our post how to pick the best preferred share of a company


The following metrics are now only available on the premium version of this tool:


  1. Reset Date.
  2. Reset (Yield | Dividend). Represents the yield and dividend for the current issue after the upcoming reset. For this calculation it’s assumed the key rates are going to be the same as todays published rates. The reset yield is the sum of the key rate for the base term (5YR, 3Month, etc) plus the published spread. Since we do not know what the key rate will be at the time of the reset we assume its going to be the same as today. The ability to use a different set of rates during this caclulation is planned for a future release.
  3. Blended (Yield | Dividend).
  4. Rate Change Percent.
  5. Rate Change To Value.
  6. New Spread Change. It shows the effect or the current price on the issue spread of the preferred. It shows the percent increase/decrease of the new spread
  7. New Spread Value.
  8. Short Position.
  9. Additional Features.
  10. Years To Double Initial Investment. How many years will it take for the initial investment to double.
  11. Outstanding float.
  12. Market Cap In Bilions.
  13. Common Stock P/E Ratio.
  14. Common Stock P/B Ratio.
  15. Common Stock Yield.
Last Updated: Market Data Sep-20 20:21, Model Metrics Sep-20 20:52
SymbolPrice52W High52W Low
Fixed Rate Baseyield and dividend for the current issue based on last night’s closing stock price
Current (Yield Dividend)Name
RY-Z RY.PR.Z CA78012G4117 $24.01$24.25$17.805YR + 2.21%03.85% $0.9250Royal_Bank_of_Canada_4.00%,_Series_AZ_-_NVCC_
RY-H RY.PR.H CA78012H5675 $24.07$24.59$17.805YR + 2.26%03.79% $0.9125Royal_Bank_of_Canada_3.90%,_Series_BB_-_NVCC_
RY-J RY.PR.J CA78012Q1129 $24.80$25.12$19.025YR + 2.74%03.23% $0.8000Royal_Bank_of_Canada_3.60%,_Series_BD_-_NVCC_
RY-M RY.PR.M CA78012T4708 $24.46$24.91$18.295YR + 2.62%03.07% $0.7500Royal_Bank_of_Canada_3.60%,_Series_BF_-_NVCC_
RY-S RY.PR.S CA78013R3909 $25.67$26.04$19.765YR + 2.38%04.67% $1.2000Royal_Bank_of_Canada_4.80%,_Series_BO_-_NVCC_
RY-N RY.PR.N CA78013J4550 $26.31$26.97$25.20PERPETUAL @ 4.90%04.68% $1.2300Royal Bank of Canada 4.90%, Series BH - NVC
RY-O RY.PR.O CA78013K6016 $26.30$26.55$25.06PERPETUAL @ 4.90%04.68% $1.2300Royal_Bank_of_Canada_4.90%,_Series_BI_-_NVC
RY-P RY.PR.P CA78013K2882 $27.03$27.42$25.75PERPETUAL @ 5.25%04.85% $1.3100Royal_Bank_of_Canada_5.25%,_Series_BJ_-_NVC
 
 

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A limited number of rows is included with the full metrics. This is a sample only. See link at footer for information on subscription to the premium version


Last Updated: Market Data Sep-20 20:21, Model Metrics Sep-20 20:52
SymbolPrice52W High52W Low
Fixed Rate Baseyield and dividend for the current issue based on last night’s closing stock price
Current (Yield Dividend)
Reset (Yield Dividend)yield and dividend for the current issue after the upcoming reset
Blended (Yield Dividend)follow link passed the end of the table to see definition
Yield To CallReset Date Y/M/DRate Change percentRate Change to valueNew Spread ChangeNew Spread valueShort PositionAdditional FeaturesYears To Double Initial InvestmentOutstanding FloatName
RY-Z RY.PR.Z CA78012G4117 $24.01$24.25$17.805YR + 2.21%03.85% $0.925003.20% | $0.767503.52% $0.84 10@cy+10@ry5.29%2024may24004%3.20%003%2.29%42,283 Non-Cumulative NVCC18.3420,000,000Royal_Bank_of_Canada_4.00%,_Series_AZ_-_NVCC_
RY-H RY.PR.H CA78012H5675 $24.07$24.59$17.805YR + 2.26%03.79% $0.912503.24% | $0.780003.54% $0.85 11@cy+9@ry5.01%2024aug24003%3.24%003%2.34%191,110 Non-Cumulative NVCC18.6320,000,000Royal_Bank_of_Canada_3.90%,_Series_BB_-_NVCC_
canadianpreferredshares.ca - Royal Bank of Canada Preferred Share Ranking

Additional Information

Continue to Rank Royal Bank Preferreds  page 2 of 3 where you can find

  1. What if “Yield Scenarios” for 5 year resets.
  2. Graph of all preferred share yields
  3. Prospectus Information