Nokia Corp vs Royal Bank of Canada — how do they compare? Nokia Corp trades at $10.95 (market cap $56.70B), while Royal Bank of Canada trades at $210.37 (market cap $289.51B). The key difference: Royal Bank of Canada is far larger — about 5.1× Nokia Corp's market cap, and Royal Bank of Canada pays the higher dividend (2.42%). Which is the better fit depends on your goals.
| NOK | RY | |
|---|---|---|
Market Cap | $56.70B | $289.51B |
Sector | Technology | Financials |
52-Week High | $16.83 | $217.87 |
52-Week Low | $4.05 | $128.46 |
Enterprise Value | $53.51B | — |
Dividend Yield | 1.63% | 2.42% |
Trailing returns across standard periods
Nokia is a leading vendor in the telecommunications equipment industry. The company's network business derives revenue from selling wireless and fixed-line hardware, software, and services. Nokia's technology segment licenses its patent portfolio to handset manufacturers and makes royalties from Nokia-branded cellphones. The company, headquartered in Espoo, Finland, operates on a global scale, with most of its revenue from communication service providers.
Read more on NOK →Royal Bank of Canada is one of the two largest banks in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth-management services, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada, with additional operations in the U.S. and other countries.
Read more on RY →