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Royal Bank of Canada Message Board

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  • andreimikhelov andreimikhelov Apr 17, 2009 9:26 PM Flag

    Earnings this qtr just wiped out

    I will say, though, for an income investor, the preferreds at a 6.25% yield are a good, safe bet. If I were advising Grandma, that is where I would tell her to put her money. The common is more of a long term play, betting on future dividend increases, which I guess will start to kick in sometime in 2010, though I will think they will make up for lost time once that start raising again.

59.94+0.54(+0.91%)11:50 AMEDT