Royal Bank of Canada is highlighted as a compelling dividend stock, with shares up 23.81% year-to-date and a current dividend yield of 2.24%. The company pays an annualized dividend of $4.72 per share, representing a 9.9% increase from last year, and has raised its dividend five times over the past five years for an average annual increase of 5.79%. Its payout ratio stands at 42% of trailing twelve-month earnings, and the Zacks Consensus Estimate for fiscal 2026 earnings is $11.45 per share, implying year-over-year growth of 11.17%. The stock carries a Zacks Rank of #3 (Hold).
Royal Bank of CanadaArticle highlights dividend growth, payout ratio, and earnings growth, making it a compelling dividend stock.