72.14 +0.19 (0.27%)
After hours: 4:11PM EST
|Bid||71.01 x 1300|
|Ask||73.19 x 900|
|Day's Range||71.57 - 72.84|
|52 Week Range||71.01 - 87.10|
|Beta (3Y Monthly)||1.17|
|PE Ratio (TTM)||11.89|
|Earnings Date||Nov 30, 2016 - Dec 5, 2016|
|Forward Dividend & Yield||3.00 (4.13%)|
|1y Target Est||88.84|
TORONTO , Nov. 14, 2018 /CNW/ - RBC Global Asset Management Inc. (RBC GAM Inc.) today announced the reduction of administration fees for RBC Emerging Markets Bond Fund. RBC GAM Inc. reviews administration ...
TORONTO, Nov. 14, 2018 /CNW/ - Let's face it: Canadians are weather-obsessed. A majority of us (62 per cent) check the weather online or through an app daily, according to a recent RBC poll. As the RBC poll discovered, roughly half (44 per cent) of Canadians admit they are better prepared for weather-related events than a financial emergency.
Two banks, two railways and an energy distributor make the list of Morningstar's wide moat companies that can sustain growth in the long term.
The Banker & PWM Global Private Banking Awards 2018 – November 7, 2018 Best Private Bank in Canada 2018 – awarded for the seventh consecutive year Private Banker International Global Wealth Awards 2018 ...
TORONTO , Nov. 8, 2018 /CNW/ - RBC Global Asset Management Inc. (RBC GAM) was recognized for its investment excellence last evening at the 2018 Lipper Canada Fund Awards in Toronto . The firm received ...
TORONTO, Nov. 8, 2018 /CNW/ - RBC Wealth Management and David Chilton, author of best-selling personal finance guides, The Wealthy Barber and The Wealthy Barber Returns, and former Dragon on CBC's Dragons' Den, have entered a three-year partnership to raise awareness of the benefits of retaining a corporate executor and trustee. Chilton will collaborate with RBC's Estate & Trust Services division to write articles, appear in videos and host speaking engagements designed to encourage the general public to consider using the services of corporate executors. In fact, I refuse to take on the executor role for even my closest friends' wills.
TORONTO , Nov. 6, 2018 /CNW/ - RBC Global Asset Management Inc. (RBC GAM Inc.) today announced October mutual fund net redemptions of $545 million . Long-term funds had net redemptions of $594 million ...
Q3 2018 total returns gain 0.1 per cent; Canadian equities lose -0.3 per cent and fixed income holdings lose -1.5 per cent in Q3 2018 TORONTO , Nov. 6, 2018 /CNW/ - Canadian defined benefit pension plans ...
TORONTO, Nov. 2, 2018 /CNW/ - Royal Bank of Canada (RY on TSX and NYSE) today announced it has closed its domestic public offering of Non-Cumulative, 5-Year Rate Reset Preferred Shares Series BO. Royal Bank of Canada issued 14 million Preferred Shares Series BO at a price of $25.00 per share to raise gross proceeds of $350 million. The offering was underwritten by a syndicate led by RBC Capital Markets.
TORONTO , Nov. 1, 2018 /CNW/ - Royal Bank of Canada (RY on TSX and NYSE) will release its fourth quarter and fiscal 2018 results on November 28 , which will be made available at rbc.com/investorrelations ...
The U.S. stock market took a beating Wednesday, with the Dow Jones Industrial Average more than 600 points, or over 2.4% lower, the S&P 500 down more than 3%, and the Nasdaq down around 4.5%. Canadian markets were not insulated from the fall.
TORONTO, Oct. 25, 2018 /CNW/ - Royal Bank of Canada (RY on TSX and NYSE) today announced that as a result of strong investor demand for its previously announced domestic public offering of Non-Cumulative, 5-Year Rate Reset Preferred Shares Series BO, the size of the offering has been increased to 14 million shares. The offering will be underwritten by a syndicate led by RBC Capital Markets. The Preferred Shares Series BO have not been and will not be registered in the United States under the United States Securities Act of 1933, as amended (the "Securities Act"), or the securities laws of any state of the United States and may not be offered, sold or delivered, directly or indirectly in the United States or to, or for the account or benefit of, a "U.S. person" (as defined in Regulation S under the Securities Act) absent registration under the Securities Act or an applicable exemption from such registration requirements.
TORONTO, Oct. 25, 2018 /CNW/ - Royal Bank of Canada (RY on TSX and NYSE) today announced a domestic public offering of Non-Cumulative, 5-Year Rate Reset Preferred Shares Series BO. Royal Bank of Canada will issue 12 million Preferred Shares Series BO priced at $25 per share to raise gross proceeds of $300 million. The bank has granted the Underwriters an option, exercisable in whole or in part, to purchase up to an additional 2 million Preferred Shares Series BO at the same offering price.
TORONTO , Oct. 24, 2018 /CNW/ - RBC Royal Bank today increased its prime rate by 25 basis points to 3.95 per cent from 3.70 per cent, effective October 25, 2018 . SOURCE RBC Royal Bank View original content: ...
TORONTO , Oct. 23, 2018 /CNW/ - Royal Bank of Canada (RY on TSX and NYSE) today announced its intention to redeem all of its issued and outstanding Non-Cumulative First Preferred Shares Series AD (the ...
TORONTO, Oct. 16, 2018 /CNW/ - An RBC survey of more than 2,000 Canadians aged 15-24, has found that across every province and major city, youth are feeling hopeful, but nervous about their future employment prospects. To help young people turn that hope and nervousness into confidence, RBC Future Launch has created RBC UpskillTM, an online resource using the most current Canadian labour market data to help young people understand how their past experiences and current skills will help prepare them for the jobs of tomorrow. "Overwhelmingly, Canadian youth are feeling anxious and unprepared about entering the workforce, but there's a silver lining – they also have underlying optimism and excitement for the future," said Valerie Chort, Vice President, Corporate Citizenship, RBC.
TORONTO , Oct. 16, 2018 /CNW/ - RBC Global Asset Management Inc. (RBC GAM Inc.) today announced October 2018 cash distributions for unitholders of RBC ETFs. RBC ETF cash distributions for October are as ...
TORONTO, Oct. 15, 2018 /CNW/ - As part of the celebrations for next February's Black History Month, the Royal Bank of Canada today announced a call for submissions for the 10th Annual RBC Black History Month Student Essay Competition. This year there are 30 available scholarships, including three top prizes of $5,000, $2,500 and $1,500. It asks students to learn about and share their thoughts on how black Canadians have helped to define Canada's diverse heritage and identity through their achievements and contributions to the broader society.
TORONTO, Oct. 10, 2018 /CNW/ - In the first major survey of Canadians' attitudes to cyber security and the financial industry, and in anticipation of Cyber Awareness Month, RBC partnered with Ipsos to survey more than 2,000 Canadians on their cyber knowledge to gain more insight into Canadians' concerns about cyber security and the steps they can take to protect themselves. While 77% of Canadians believe they are knowledgeable on cyber security, only 16% could identify the majority of cyber terms correctly.
MONTREAL, Oct. 9, 2018 /CNW/ - At the official opening of the Borealis AI Montréal lab today, Dave McKay, President & CEO of RBC, announced the RBC Foundation will donate $1 million over the next three years to the Canadian Institute for Advanced Research (CIFAR). The commitment will support research and initiatives aimed at furthering the study of ethical artificial intelligence (AI) practices. CIFAR is leading the Pan-Canadian Artificial Intelligence Strategy, working in partnership with three world renowned AI institutes – the Alberta Machine Intelligence Institute (Amii) in Edmonton, Mila in Montreal and the Vector Institute in Toronto.
TORONTO , Oct. 4, 2018 /CNW/ - RBC Global Asset Management Inc. (RBC GAM Inc.) today announced September mutual fund net sales of $250 million . Long-term funds had net sales of $291 million and money ...
TORONTO, Oct. 2, 2018 /CNW/ - Ninety percent of institutional investors believe environmental, social and governance (ESG) integrated portfolios are likely to perform as well or better than non-ESG integrated portfolios, according to a new global survey by RBC Global Asset Management (RBC GAM). The results reveal that adoption of responsible investing – including ESG integration, impact investing and engagement by asset owners – is growing steadily as the focus of institutional investors moves from "whether to" to "how to" implement a responsible investment approach. RBC GAM's research reveals that ESG-based investing has established a solid position alongside other fundamental investment approaches.
TORONTO , Sept. 28, 2018 /CNW/ - RBC Global Asset Management Inc. (RBC GAM Inc.) announced today that it has begun a search to identify a replacement sub-advisor for RBC Private Canadian Growth and Income ...