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.

Next Dividend Pay Date: 2025Feb23. Dividend Payment Schedule: 2025FEB24 , 2025MAY24 , 2025AUG24 , 2025NOV24

Next Ex-Dividend Date: 2025JAN23. Ex Dividend Date Schedule: 2025JAN23 , 2025APR24 , 2025JUL24 , 2025OCT24

 

Royal Bank of Canada Preferred share Credit Ratings

The latest preferred share credit ratings 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.

A.M. Best FITCH S&P DBRS S&P Global Moody's
BBB+PFD-1LBaa2

Royal Bank of Canada Common Share Metrics

Symbol: RYCurrency: CADMarket Cap: $170,777,274,046Price: $173.40
P/E: 15.41P/B: 2.05Dividend: $1.08Yield: 2.49%
Beta: 0.5900

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.


# of Preferred issues: 5Lowest Current Yield: RY-M @ 3.05%Highest Current Yield: RY-S @ 5.74%Average Current Yield: 4.40%
# of 5YR Reset issues: 35YR Reset Lowest Reset Yield: RY-S @ 5.30%5YR Reset Highest Reset Yield: RY-J @ 5.86%5YR Reset Average Reset Yield: 5.64%
Lowest Rate Change Percent: RY-S @ -2.000%Highest Rate Change Percent: RY-N @ 2.00%Average Rate Change Percent: 0.60%
Market Cap at Market Value: 1,542,160,000Market Cap at Face Value: 1,550,000,000Discount Amount: 7,840,000Discount Percent: 0.51%
Percent of Total Market Cap at Market Value: 2.85%Percent of Total Market Cap at Face Value: 2.45%



 
 

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

NOTE: Dividend dates are not fixed. The dates shown here are estimated and most likely a few days off. Do not make trades based on these dates. Always check with the issuer for the correct dates.


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


  1. Reset Date.
  2. Reset (Yield | Dividend).
  3. Blended (Yield | Dividend).
  4. Rate Change Percent. Reflects the effect or the current price on the issue rate of the preferred. Here you see the effective new rate of the share due to its drop or rise of its share value
  5. Rate Change To Value.
  6. New Spread Change.
  7. New Spread Value.
  8. Short Position. If there is a short position on the preferred this shows the size of the short position
  9. Additional Features.
  10. Years To Double Initial Investment.
  11. Outstanding float.
  12. Market Cap In Bilions. The company Market Cap.
  13. Common Stock P/E Ratio.
  14. Common Stock P/B Ratio.
  15. Common Stock Yield.
(EST: UTC-05:00)Last Updated: Market Data 2024-Dec-20 16:41, Model Metrics 2024-Dec-20 17:09
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-J RY.PR.J CA78012Q1129 $24.72$24.90$18.505YR + 2.74%03.23% $0.8000Royal_Bank_of_Canada_3.60%,_Series_BD_-_NVCC_
RY-M RY.PR.M CA78012T4708 $24.59$24.59$17.905YR + 2.62%03.05% $0.7500Royal_Bank_of_Canada_3.60%,_Series_BF_-_NVCC_
RY-S RY.PR.S CA78013R3909 $25.64$26.05$21.905YR + 2.38%05.74% $1.4713Royal_Bank_of_Canada_4.80%,_Series_BO_-_NVCC_
RY-N RY.PR.N CA78013J4550 $24.40$24.84$21.20PERPETUAL @ 4.90%05.04% $1.2300Royal Bank of Canada 4.90%, Series BH - NVC
RY-O RY.PR.O CA78013K6016 $24.74$24.91$21.41PERPETUAL @ 4.90%04.97% $1.2300Royal_Bank_of_Canada_4.90%,_Series_BI_-_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


(EST: UTC-05:00)Last Updated: Market Data 2024-Dec-20 16:41, Model Metrics 2024-Dec-20 17:09
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/DPay Div DateEx Div DateRate Change percentRate Change to valueNew Spread valueShort PositionAdditional FeaturesConverts ToYears To Double Initial InvestmentOutstanding FloatName
RY-J RY.PR.J CA78012Q1129 $24.72$24.90$18.505YR + 2.74%03.23% $0.800005.86% | $1.448505.59% $1.38 2@cy+18@ryN/A2025-05-242025-02-232025-01-23001%5.86%2.77%50,954 Non-Cumulative NVCC21.8024,000,000Royal_Bank_of_Canada_3.60%,_Series_BD_-_NVCC_
RY-M RY.PR.M CA78012T4708 $24.59$24.59$17.905YR + 2.62%03.05% $0.750005.77% | $1.418505.22% $1.28 4@cy+16@ryN/A2025-11-242025-02-232025-01-23001%5.77%2.66%17,867 Non-Cumulative NVCC23.0712,000,000Royal_Bank_of_Canada_3.60%,_Series_BF_-_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