Stock · Financial Services
RY Royal Bank of Canada
Royal Bank of Canada scores well across yield, structure, and size — a typical strong-safety profile.
Why we rate it 9.0
- Yield of 2.38% is in the typical sustainable zone (2-4%)
- Payout ratio of 41% is comfortable — typical for mature dividend payers
- Current yield is below the 5-year average (3.54%), often a sign that price has appreciated faster than dividend growth
- Mega-cap scale (>$200B) — market dominance reduces dividend pressure
Where RY ranks
We compute the same 0–10 safety score across 53 dividend-paying stocks and ETFs. Here's where RY lands inside that universe.
The universe is curated to the most-searched US dividend payers. We'll expand it as the data layer grows; sector percentiles only appear when we have at least 5 comparable peers.
The two questions a safety score doesn't answer
A safety score tells you how durable RY's payout looks. It does not tell you what you keep after tax, or whether something else does the same job better.
On tax: what you actually pocket depends on whether RY dividends are qualified — qualified distributions are taxed at 0%, 15%, or 20%, while ordinary ones are taxed at your full marginal rate, a gap that can reach 22 percentage points of the income on the same headline yield.
On substitutes: if RY's 9.0/10 score is lower than you want, see RY alternatives — same-sector stocks ranked by how closely they match RY on both yield and safety, so you can see what a swap actually costs you.
About Royal Bank of Canada
Royal Bank of Canada operates as a diversified financial service company worldwide. Its Personal Banking segment offers home equity financing, personal lending, chequing and savings accounts, private banking, auto financing, mutual funds, GICs, credit cards, and payment products and solutions. The company's Commercial Banking segments provides lending, deposit and transaction banking products and services. Its Wealth Management segment provides a suite of wealth, investment, trust, banking, credit, and other solutions to clients; asset management products to institutional and individual clients; and asset and investor services to financial institutions, asset managers, and asset owners. The company's Insurance segment offers life, health, travel, wealth, annuities, property and casualty, and reinsurance advice and solutions; digital platforms; and independent brokers and partners, as well as client-led advice and solutions. The company's Capital Markets segment offers advisory and origination, sales and trading, lending and financing, and transaction banking services to corporations, institutional clients, asset managers, private equity firms, and governments. The company was founded in 1864 and is based in Toronto, Canada.
How we score dividend safety
The Infnits dividend safety score is a 0–10 rating derived from yield zone, payout ratio (when applicable), yield trend versus 5-year average, instrument type, and company size. Each factor is independently transparent — see the reasons above for exactly which factors contributed to RY's score.
For the full methodology including the in-app version that uses ETF look-through and historical cut data, see our methodology page.
This is educational, not investment advice. Dividend safety scores reflect a snapshot of public data on the "as of" date shown. Verify current data on the issuer's investor relations page or your brokerage before making decisions.
Frequently asked questions
Is RY safe?
On dividend safety specifically, Infnits scores RY 9/10 — strong. Royal Bank of Canada scores well across yield, structure, and size — a typical strong-safety profile. That score measures how durable the payout looks based on yield zone, payout ratio, yield trend, and instrument type; it does not measure price risk, valuation, or whether RY suits your portfolio.
Is RY's dividend safe?
Based on snapshot data — yield 2.38%, payout ratio 41%, instrument type stock — Infnits rates RY's dividend safety profile as strong (9/10). This is one signal, not a recommendation.
What is RY's current dividend yield?
RY has a current dividend yield of 2.38% as of August 2, 2026. Its 5-year average yield is 3.54%.
How is RY's safety score calculated?
The score combines yield zone (yields above 7% historically carry elevated cut risk), payout ratio (lower is safer), trend vs. 5-year average yield, instrument type (ETFs are inherently more diversified), and size (larger companies have more stable cash flows). Each factor is scored 0-2.5 and summed to a 0-10 result.
Where does this data come from?
Fundamentals are sourced from public market data and refreshed regularly. The "as of" date on each page reflects the snapshot used for the score. For real-time data, check the issuer's investor relations page or your brokerage.
Should I buy RY based on this score?
No — this is an educational score based on a handful of public signals, not investment advice. Use it as one input among many. For a portfolio-aware analysis with ETF look-through and personalized insights, install the Infnits app.
Get emailed when RY score changes.
RY head-to-head comparisons
See RY compared side-by-side with the most-searched peer tickers — yield, safety, growth trend, expense ratio, and tax treatment.
More RY analysis
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See how RY fits your portfolio
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Or read how safety scoring works.