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Royal Bank of Canada Non-Cumulative 5-Year Rate Reset First Preferred Shares Series BO (RY.PR.S $26.21)
- $26.21 Fwd P/E: 19.71X Cap: $257B
- View RY.PR.S Profile
- View Questions on RY.PR.S
Q: Do you know when the next reset for this is coming ,and also how often does it reset if we got say 4 hikes this year does it go up in tandem with the hikes or is it tied to a schedule,basically just want to know how this works ....Thanks
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Royal Bank of Canada Non-Cumulative 5-Year Rate Reset First Preferred Shares Series BO (RY.PR.S $26.21)
- $26.21 Fwd P/E: 19.71X Cap: $257B
- View RY.PR.S Profile
- View Questions on RY.PR.S
Q: You have the profile of the RY.PR.S shares. It has a 4.8% dividend.
I was looking at it for some stability during current strong market swings.
Am wondering how it compares to RY itself -
How the dividend is set since it says 'rate reset'.
If the dividend eligible under CRA or is it a ROC
If there is a management fee
It seems like the only asset is RY
There are no questions on it. Would you own it?
Thanks a lot for your views and guidance.
I was looking at it for some stability during current strong market swings.
Am wondering how it compares to RY itself -
How the dividend is set since it says 'rate reset'.
If the dividend eligible under CRA or is it a ROC
If there is a management fee
It seems like the only asset is RY
There are no questions on it. Would you own it?
Thanks a lot for your views and guidance.
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