On 2016-08-24, Royal Bank Of Canada (NYSE:RY) confirmed the dividend disbursement of $0.637 a share to shareholders as on record 2016-10-26. The firm will release dividend on 2016-11-24 while ex-dividend date is reported to be 2016-10-24.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Royal Bank Of Canada (NYSE:RY) paid a total of $0.637 per share in dividends. This figure stood at $0.637 a share in the same period a year ago indicating a deviation of -5.6162%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $62.568 on the stock. This figure is the average of recommendations offered by 5 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $67.5 and $55.44, respectively.
Taking the mathematical rating formula, the price for Royal Bank Of Canada (NYSE:RY) stands at 2.2. Earnings Review Royal Bank Of Canada (NYSE:RY) will report its quarterly earnings for the period ending on 2016-10-31 by 2016-12-07. For the period ending on 2016-10-31, experts are expecting EPS of $1.3.
Coming to the quarter ending on 2015-10-31, Royal Bank Of Canada (NYSE:RY) recorded EPS of $1.32. The reported numbers came lower than the analysts’ estimates of $1.31, demonstrating a miss of $0.01 as against reported figures.
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