RE:RE:Dividendthey are also the only of the big five that has their payout ratio below 50% (49%), 40-50% was the norm and target on dividends. If you take the top three TD 93%, BNS 74%, BMO 70% are all facing pressure on increasing growth and profit it in their US operations while at the same time trying to get the most out of the Canadian operations.
Fourth quarter earnings should give a better picture on their balance sheets, if history continues once again RY should beat expectations. Off hand they usually increase the dividend twice a year, I know they did one earlier.