4% Yielding Royal Bank Of Canada Is A Buy And Hold Forever Retirement Dream Stock

Jan. 19, 2023 7:15 AM ETRoyal Bank of Canada (RY), RY:CA19 Comments

Summary

  • The 2023 recession, while mild, could bring with it a sharp market decline. Very safe high-yield is a great way to stay sane and calm for what's coming next.
  • Royal Bank of Canada is the 11th safest bank in the world according to rating agencies and one of the safest banks you can invest in.
  • Its AA-credit rating means a 0.4% risk of bankruptcy over the next 30 years. Royal Bank is the ultimate "Buy and hold forever" high-yield Ultra SWAN.
  • It has 91st percentile global risk management according to S&P, and hasn't missed a dividend payment in 153 years.
  • Management has a solid plan to grow 7+%, meaning 11% to 12% historical returns could persist for decades, generating 12X inflation-adjusted returns for retirees and 144X real returns for younger investors.
  • Looking for more investing ideas like this one? Get them exclusively at The Dividend Kings. Learn More »

Closeup of bank vault door

peshkov

This article was originally published on Dividend Kings on Tuesday, January 17th, 2023.

---------------------------------------------------------------------------------------

Recession is likely coming in 2023. How can we tell?

  • the most inverted yield curves in 40 years
  • 85% of CEOs expect a mild one
x

Global Finance

x

Business Council Of British Columbia

x

Business Council Of British Columbia

x

earnings presentation

x

earnings presentation

x

FAST Graphs, FactSet

x

earnings presentation

x

Portfolio Visualizer Premium

x

Portfolio Visualizer Premium

x

(Source: FAST Graphs, FactSet)

x

(Source: FAST Graphs, FactSet)

x

Dividend Kings Automated Investment Decision Tool

----------------------------------------------------------------------------------------

Dividend Kings helps you determine the best safe dividend stocks to buy via our Automated Investment Decision Tool, Zen Research Terminal, Correction Planning Tool, and Daily Blue-Chip Deal Videos.

Membership also includes

  • Access to our 10 model portfolios (all of which are beating the market in this correction)

  • my correction watchlist

  • 50% discount to iREIT (our REIT-focused sister service)

  • real-time chatroom support

  • real-time email notifications of all my retirement portfolio buys

  • numerous valuable investing tools

Click here for a two-week free trial, so we can help you achieve better long-term total returns and your financial dreams.

This article was written by

Dividend Sensei profile picture
100.89K Followers
Maximize your income with the world’s highest-quality dividend investments

Adam Galas is a co-founder of Wide Moat Research ("WMR"), a subscription-based publisher of financial information, serving over 5,000 investors around the world. WMR has a team of experienced multi-disciplined analysts covering all dividend categories, including REITs, MLPs, BDCs, and traditional C-Corps.


The WMR brands include: (1) The Intelligent REIT Investor (newsletter), (2) The Intelligent Dividend Investor (newsletter), (3) iREIT on Alpha (Seeking Alpha), and (4) The Dividend Kings (Seeking Alpha).


I'm a proud Army veteran and have seven years of experience as an analyst/investment writer for Dividend Kings, iREIT, The Intelligent Dividend Investor, The Motley Fool, Simply Safe Dividends, Seeking Alpha, and the Adam Mesh Trading Group. I'm proud to be one of the founders of The Dividend Kings, joining forces with Brad Thomas, Chuck Carnevale, and other leading income writers to offer the best premium service on Seeking Alpha's Market Place.


My goal is to help all people learn how to harness the awesome power of dividend growth investing to achieve their financial dreams and enrich their lives.


With 24 years of investing experience, I've learned what works and more importantly, what doesn't, when it comes to building long-term wealth and safe and dependable income streams in all economic and market conditions.


Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Additional disclosure: DK owns RY in our portfolios.

Recommended For You

Comments (19)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.