Friday, January 26, 2007

RBC is a Zacks Number 1 Rank Stock

Zacks, 26 January 2007Royal Bank of Canada, a Zacks #1 Rank stock, reported record profits for the full year of 2006. The Board of Directors recently declared a quarterly dividend of 40 cents per common share of stock, leading to a current dividend yield of 2.96%. Consensus estimates for this year are up over the past two months. The company has a price-to-book ratio of 2.7.Royal Bank of Canada

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