WallStreetZenWallStreetZen

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

RY dividend stability and growth

Last Dividend per share
$1.3800
Forward Dividend yield
5.67%
RY's dividend has dropped by... subscribe to Premium to read more.
Dividend Stability Dividend
RY dividends have increased over... subscribe to Premium to read more.
Consistent Dividend Growth Dividend

RY dividend yield vs industry/market

Company
4.52%
Industry
4.66%
RY dividends (4.52%) are in... subscribe to Premium to read more.
Top 75% Dividend Dividend
RY dividends (4.52%) are not... subscribe to Premium to read more.
Top 25% Dividend Dividend

RY dividend payout ratio

Royal Bank Of Canada paid out 50.4% of its earnings over the trailing twelve months.
Retained earnings
49.6%
Payout ratio
50.4%
RY earnings ($11.28B) are sufficient... subscribe to Premium to read more.
Dividend Payout Ratio Dividend

RY vs Diversified Bank Stocks

TickerDiv. YieldStable?Drop Count (L10Y)Payout Ratio
RY4.52%No3+50.40%
MUFGN/A1+66.20%
C3.40%Yes0+51.60%
HSBC7.28%No9+46.10%
TD5.42%No1+69.90%

RY dividend dates

Next dividend payment date
May 24, 2024
Last ex-dividend date
Apr 24, 2024

Be the first to know when RY increases or cuts their dividend.

Royal Bank Of Canada Dividends FAQ

Does Royal Bank Of Canada pay a dividend?

Yes, RY has paid a dividend within the past 3 months.


If you're new to stock investing, here's how to buy Royal Bank Of Canada stock.

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

Royal Bank Of Canada's next dividend payment date is on 2024-05-24, when Royal Bank Of Canada shareholders who owned RY shares before 2024-04-24 will receive a dividend payment of $1.0063 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 $7.94, and their annual dividend per share is $4.41. RY's dividend payout ratio is 50.4%, which is sustainable.

How much is Royal Bank Of Canada's dividend?

RY pays a dividend of $4.41 per share. RY's annual dividend yield is 4.52%. Royal Bank Of Canada's dividend is lower than the US industry average of 4.66%, and it is higher than the US market average of 4.19%.

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

Royal Bank Of Canada's previous ex-dividend date was on 2024-04-24. Royal Bank Of Canada shareholders who own RY stock before this date will receive Royal Bank Of Canada's next dividend payment of $1.0063 per share on 2024-05-24. 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.

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

Yes, RY's' dividend has been growing over the last 10 years.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.