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NYSE: RY
ROYAL BANK OF CANADA Stock Dividend Yield & Dates

Buy RY

RY dividend stability and growth

Last Dividend per share
$0.9610
Forward Dividend yield
3.68%
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
3.78%
Industry
3.76%
RY dividends (3.78%) are in... subscribe to Premium to read more.
Top 75% Dividend Dividend
RY dividends (3.78%) are not... subscribe to Premium to read more.
Top 25% Dividend Dividend

RY dividend payout ratio

ROYAL BANK OF CANADA paid out 40.7% of its earnings over the trailing twelve months.
Retained earnings
59.3%
Payout ratio
40.7%
RY earnings ($12.91B) are sufficient... subscribe to Premium to read more.
Dividend Payout Ratio Dividend

RY vs Banks - Diversified Stocks

TickerDiv. YieldStable?Drop Count (L10Y)Payout Ratio
RY3.78%No2+40.70%
HSBC3.78%No9+35.50%
TD4.11%No2+42.30%
WFC2.21%No1+15.50%
C4.26%Yes0+23.80%

RY dividend dates

Next dividend payment date
Aug 24, 2022
Next ex-dividend date
Jul 25, 2022

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.

What is ROYAL BANK OF CANADA's Dividend Payment Date?

ROYAL BANK OF CANADA's next dividend payment date is on 2022-08-24, when ROYAL BANK OF CANADA shareholders who owned RY shares before 2022-07-25 will receive a dividend payment of $1.0008 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 $8.95, and their annual dividend per share is $3.65. RY's dividend payout ratio is 40.7%, which is sustainable.

How much is ROYAL BANK OF CANADA's dividend?

RY pays a dividend of $3.65 per share. RY's annual dividend yield is 3.78%. ROYAL BANK OF CANADA's dividend is higher than the US industry average of 3.76%, and it is higher than the US market average of 3.72%.

What is ROYAL BANK OF CANADA's Ex-Dividend Date?

ROYAL BANK OF CANADA's upcoming ex-dividend date is on 2022-07-25. ROYAL BANK OF CANADA shareholders who own RY stock before this date will receive ROYAL BANK OF CANADA's next dividend payment of $1.0008 per share on 2022-08-24. 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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