NYSE: RY
Royal Bank Of Canada Stock Dividend Yield & Dates

RY dividend stability and growth

Current Dividend per share
$1.08
Current Dividend yield
1.55%
RY's dividend has dropped by more than 10% two time(s) in the last 10 years
Dividend
RY dividends have increased over the last 10 years
Dividend

RY dividend yield vs industry/market

Current Company
4.3%
Current Industry
6.36%
RY dividends (4.3%) are in the top 75% of all US listed companies
Dividend
RY dividends (4.3%) are not in the top 25% of all US listed companies
Dividend

RY dividend payout ratio

Royal Bank Of Canada paid out 45.9% of its net income over the trailing twelve months.
Retained earnings
54.10%
Payout ratio
45.90%
RY earnings are sufficient to cover RY's dividend payouts
Dividend

RY dividend dates

Next dividend payment date
Nov 24, 2020
Last ex-dividend date
Oct 23, 2020

Royal Bank Of Canada Dividends FAQ

Yes, RY has issued a dividend within the past 12 months.
RY pays a dividend of $3.08 per share. RY's annual dividend yield is 4.3%. Royal Bank Of Canada's dividend is lower than the US retail industry average of 6.36%, and it is higher than the US market average of 4.12%.
Royal Bank Of Canada's next dividend payment date is on 2020-11-24, when Royal Bank Of Canada shareholders who owned RY shares before 2020-10-23 will receive a dividend payment of $1.08 per share. Add RY to your watchlist to be reminded of RY's next dividend payment.
Royal Bank Of Canada's previous ex-dividend date was on 2020-10-23. Royal Bank Of Canada shareholders who own RY stock before this date will receive Royal Bank Of Canada's next dividend payment of $1.08 per share on 2020-11-24. Royal Bank Of Canada's next ex-dividend date has not been announced yet. Add RY to your watchlist to be reminded before RY's ex-dividend date.
No, RY's dividend has not been stable over the last 10 years
Yes, RY's' dividend has been growing over the last 10 years.
Yes, RY's past year earnings per share was $8.78, and their annual dividend per share is $3.08. RY's dividend payout ratio is 45.9%, which is sustainable.
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