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

RY dividend stability and growth

Last Dividend per share
$0.86
Forward Dividend yield
3.43%
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

Company
3.43%
Industry
2.99%
RY dividends (3.43%) are in the top 75% of all US listed companies
Dividend
RY dividends (3.43%) are not in the top 25% of all US listed companies
Dividend

RY dividend payout ratio

Royal Bank Of Canada paid out 66.8% of its earnings over the trailing twelve months.
Retained earnings
33.2%
Payout ratio
66.8%
RY earnings are sufficient to cover RY's dividend payouts
Dividend

RY dividend dates

Next dividend payment date
Nov 24, 2021
Next ex-dividend date
Oct 25, 2021

Royal Bank Of Canada Dividends FAQ

Does Royal Bank Of Canada pay a dividend?

Yes, RY has issued a dividend within the past 12 months.

What is Royal Bank Of Canada's Dividend Payment Date?

Royal Bank Of Canada's next dividend payment date is on 2021-11-24, when Royal Bank Of Canada shareholders who owned RY shares before 2021-10-25 will receive a dividend payment of $1.08 per share. Add RY to your watchlist to be reminded of RY's next dividend payment.

Is Royal Bank Of Canada's dividend stable?

No, RY's dividend has not been stable over the last 10 years

Does Royal Bank Of Canada have sufficient earnings to cover their dividend?

Yes, RY's past year earnings per share was $6.03, and their annual dividend per share is $3.39. RY's dividend payout ratio is 66.8%, which is sustainable.

How much is Royal Bank Of Canada's dividend?

RY pays a dividend of $3.39 per share. RY's annual dividend yield is 3.43%. Royal Bank Of Canada's dividend is higher than the US Banks - Diversified industry average of 2.99%, and it is higher than the US market average of 3.37%.

What is Royal Bank Of Canada's Ex-Dividend Date?

Royal Bank Of Canada's upcoming ex-dividend date is on 2021-10-25. 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 2021-11-24. Add RY to your watchlist to be reminded before RY's ex-dividend date.

Is Royal Bank Of Canada's dividend showing long-term growth?

Yes, RY's' dividend has been growing over the last 10 years.
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