RY Dividend Summary
Royal Bank of Canada is Canada's largest bank by market cap, the flagship among the Big Six. Personal and commercial banking, wealth, insurance, and capital markets all feed the dividend. The franchise is mostly Canadian, with a real US book as well. Solid dividend growth, not a yield chase. RBC's quarterly dividend is a core part of the shareholder return story, reinforced by its Canadian Dividend Aristocrat tag. This is the blue-chip, diversified choice among Canadian bank income stocks.
Dividend News/Announcements
| 2021-12-02 | Royal Bank Of Canada raises dividend 11% to $1.20 quarterly |
| 2013-08-30 | Royal Bank raises dividend by 6% to $0.67 quarterly |
| 2013-08-30 | Royal Bank raises dividend by 6% to $0.67 quarterly |
| 2013-02-28 | Royal Bank raises dividend 5% to $0.63 quarterly |
| 2012-09-02 | Royal Bank of Canada raises quarterly dividend to $0.60 |
Stock Metrics
Updated: 2026-09-11- Last Close
- $285.20
- PE Ratio
- 17.61
- EPS
- 15.90
- Market Cap
- 394.84B
- 52-Week Range %
- $285.20
Dividend Metrics
- Yield
- 2.47%
- Yield on Cost
- Payout Ratio
- 44.28 %
- Frequency
- Quarterly (FEB-MAY-AUG-NOV)
- Annual Dividend
- $7.04
- Next Ex-Div
- 2026-10-26
- Next Pay Date
- 2026-11-24
Dividend History
| Ex-Dividend Date | Payout Date | Cash Amount | Change / Status |
|---|---|---|---|
| 2027-04-23 | 2027-05-21 | $1.86 | unconfirmed/estimated |
| 2027-01-26 | 2027-02-24 | $1.86 | raise expected ~5.6% unconfirmed/estimated |
| 2026-10-26 | 2026-11-24 | $1.76 | |
| 2026-07-27 | 2026-08-24 | $1.76 | 7.32% |
| 2026-04-23 | 2026-05-22 | $1.64 | |
| 2026-01-26 | 2026-02-24 | $1.64 | 6.49% |
| 2025-10-27 | 2025-11-24 | $1.54 | |
| 2025-07-24 | 2025-08-22 | $1.54 | 4.05% |
| 2025-04-24 | 2025-05-23 | $1.48 | |
| 2025-01-27 | 2025-02-24 | $1.48 | 4.23% |
| 2024-10-24 | 2024-11-22 | $1.42 | |
| 2024-07-25 | 2024-08-23 | $1.42 | 2.9% |
| 2024-04-24 | 2024-05-24 | $1.38 | |
| 2024-01-24 | 2024-02-23 | $1.38 | 2.22% |
| 2023-10-25 | 2023-11-24 | $1.35 | |
| 2023-07-25 | 2023-08-24 | $1.35 | 2.27% |
| 2023-04-24 | 2023-05-24 | $1.32 | |
| 2023-01-25 | 2023-02-24 | $1.32 | 3.13% |
| 2022-10-25 | 2022-11-24 | $1.28 | |
| 2022-07-25 | 2022-08-24 | $1.28 | 6.67% |
| 2022-04-22 | 2022-05-24 | $1.20 | |
| 2022-01-25 | 2022-02-24 | $1.20 | 11.11% |
| 2021-10-25 | 2021-11-24 | $1.08 | |
| 2021-07-23 | 2021-08-24 | $1.08 | |
| 2021-04-21 | 2021-05-21 | $1.08 | |
| 2021-01-25 | 2021-02-24 | $1.08 | |
| 2020-10-23 | 2020-11-24 | $1.08 | |
| 2020-07-24 | 2020-08-24 | $1.08 | |
| 2020-04-22 | 2020-05-22 | $1.08 | 2.86% |
| 2020-01-24 | 2020-02-24 | $1.05 | |
| 2019-10-23 | 2019-11-22 | $1.05 | 2.94% |
| 2019-07-24 | 2019-08-23 | $1.02 | |
| 2019-04-24 | 2019-05-24 | $1.02 | 4.08% |
| 2019-01-23 | 2019-02-22 | $0.98 | |
| 2018-10-24 | 2018-11-23 | $0.98 | 4.26% |
| 2018-07-25 | 2018-08-24 | $0.94 | |
| 2018-04-24 | 2018-05-24 | $0.94 | 3.3% |
| 2018-01-24 | 2018-02-23 | $0.91 | |
| 2017-10-25 | 2017-11-24 | $0.91 | 4.6% |
| 2017-07-24 | 2017-08-24 | $0.87 | |
| 2017-04-21 | 2017-05-24 | $0.87 | 4.82% |
| 2017-01-24 | 2017-02-24 | $0.83 | |
| 2016-10-24 | 2016-11-24 | $0.83 | 2.47% |
| 2016-07-22 | 2016-08-24 | $0.81 | |
| 2016-04-21 | 2016-05-24 | $0.81 | 2.53% |
| 2016-01-22 | 2016-02-24 | $0.79 | |
| 2015-10-22 | 2015-11-24 | $0.79 | 2.6% |
| 2015-07-23 | 2015-08-24 | $0.77 | |
| 2015-04-21 | 2015-05-22 | $0.77 | 2.67% |
| 2015-01-22 | 2015-02-24 | $0.75 | |
| 2014-10-23 | 2014-11-24 | $0.75 | 5.63% |
| 2014-07-22 | 2014-08-22 | $0.71 | |
| 2014-04-22 | 2014-05-23 | $0.71 | 5.97% |
| 2014-01-23 | 2014-02-24 | $0.67 | |
| 2013-10-22 | 2013-11-22 | $0.67 | 6.35% |
| 2013-07-23 | 2013-08-23 | $0.63 | |
| 2013-04-23 | 2013-05-24 | $0.63 | 5% |
| 2013-01-22 | 2013-02-22 | $0.60 | |
| 2012-10-23 | 2012-11-23 | $0.60 | 5.26% |
| 2012-07-24 | 2012-08-24 | $0.57 | |
| 2012-04-23 | 2012-05-24 | $0.57 | 5.56% |
| 2012-01-24 | 2012-02-24 | $0.54 | |
| 2011-10-24 | 2011-11-24 | $0.54 | |
| 2011-07-22 | 2011-08-24 | $0.54 | 8% |
| 2011-04-21 | 2011-05-24 | $0.50 | |
| 2011-01-24 | 2011-02-24 | $0.50 | |
| 2010-10-22 | 2010-11-24 | $0.50 | |
| 2010-07-22 | 2010-08-24 | $0.50 | |
| 2010-04-20 | 2010-05-21 | $0.50 | |
| 2010-01-22 | 2010-02-24 | $0.50 | |
| 2009-10-22 | 2009-11-24 | $0.50 | |
| 2009-07-23 | 2009-08-24 | $0.50 | |
| 2009-04-21 | 2009-05-22 | $0.50 | |
| 2009-01-22 | 2009-02-24 | $0.50 | |
| 2008-10-23 | 2008-11-24 | $0.50 | |
| 2008-07-22 | 2008-08-22 | $0.50 | |
| 2008-04-22 | 2008-05-23 | $0.50 | |
| 2008-01-22 | 2008-02-22 | $0.50 | |
| 2007-10-23 | 2007-11-23 | $0.50 | 8.7% |
| 2007-07-24 | 2007-08-24 | $0.46 | |
| 2007-04-23 | 2007-05-24 | $0.46 | 15% |
| 2007-01-23 | 2007-02-23 | $0.40 | |
| 2006-10-24 | 2006-11-24 | $0.40 | 11.11% |
| 2006-07-24 | 2006-08-24 | $0.36 | |
| 2006-04-21 | 2006-05-24 | $0.36 | 12.5% |
| 2006-01-24 | 2006-02-24 | $0.32 | |
| 2005-10-21 | 2005-11-24 | $0.32 | 4.92% |
| 2005-07-22 | 2005-08-24 | $0.305 | 10.91% |
| 2005-04-21 | 2005-05-24 | $0.275 | |
| 2005-01-24 | 2005-02-24 | $0.275 | 5.77% |
| 2004-10-22 | 2004-11-24 | $0.26 | |
| 2004-07-22 | 2004-08-24 | $0.26 | |
| 2004-04-20 | 2004-05-24 | $0.26 | 13.04% |
| 2004-01-22 | 2004-02-24 | $0.23 | |
| 2003-10-23 | 2003-11-24 | $0.23 | -46.51% |
| 2003-07-21 | 2003-08-22 | $0.43 | |
| 2003-04-21 | 2003-05-23 | $0.43 | 7.5% |
| 2003-01-23 | 2003-02-24 | $0.40 | |
| 2002-10-21 | 2002-11-22 | $0.40 | 5.26% |
| 2002-07-22 | 2002-08-23 | $0.38 | |
| 2002-04-22 | 2002-05-24 | $0.38 | 5.56% |
| 2002-01-22 | 2002-02-22 | $0.36 | |
| 2001-10-22 | 2001-11-23 | $0.36 | |
| 2001-07-23 | 2001-08-24 | $0.36 | 9.09% |
| 2001-04-20 | 2001-05-24 | $0.33 | |
| 2001-01-22 | 2001-02-23 | $0.33 | 10% |
| 2000-10-23 | 2000-11-24 | $0.30 | -50% |
| 2000-07-21 | 2000-08-24 | $0.60 | 11.11% |
| 2000-04-19 | 2000-05-24 | $0.54 | |
| 2000-01-21 | 2000-02-24 | $0.54 | 12.5% |
| 1999-10-21 | 1999-11-24 | $0.48 | |
| 1999-07-22 | 1999-08-24 | $0.48 | 4.35% |
| 1999-04-21 | 1999-05-21 | $0.46 | |
| 1999-01-21 | 1999-02-24 | $0.46 | |
| 1998-10-22 | 1998-11-24 | $0.46 | |
| 1998-07-23 | 1998-08-24 | $0.46 | 9.52% |
| 1998-04-22 | 1998-05-22 | $0.42 | |
| 1998-01-22 | 1998-02-24 | $0.42 | 7.69% |
| 1997-10-23 | 1997-11-24 | $0.39 | |
| 1997-07-22 | 1997-08-22 | $0.39 | 5.41% |
| 1997-04-22 | 1997-05-23 | $0.37 | |
| 1997-01-23 | 1997-02-24 | $0.37 | 8.82% |
| 1996-10-22 | 1996-11-22 | $0.34 | |
| 1996-07-22 | 1996-08-23 | $0.34 | |
| 1996-04-22 | 1996-05-24 | $0.34 | 9.68% |
| 1996-01-18 | 1996-02-23 | $0.31 | |
| 1995-10-23 | 1995-11-24 | $0.31 | 6.9% |
| 1995-07-21 | 1995-08-24 | $0.29 | |
| 1995-04-18 | 1995-05-24 | $0.29 | |
| 1995-01-19 | 1995-02-24 | $0.29 | |
| 1994-10-19 | 1994-11-24 | $0.29 | |
| 1994-07-19 | 1994-08-24 | $0.29 | |
| 1994-04-19 | 1994-05-24 | $0.29 | |
| 1994-01-19 | 1994-02-24 | $0.29 | |
| 1993-10-19 | 1993-11-24 | $0.29 | |
| 1993-07-20 | 1993-08-24 | $0.29 | |
| 1993-04-19 | 1993-05-21 | $0.29 | |
| 1993-01-19 | 1993-02-24 | $0.29 | |
| 1992-10-20 | 1992-11-24 | $0.29 | |
| 1992-07-21 | 1992-08-24 | $0.29 | |
| 1992-04-20 | 1992-05-22 | $0.29 | |
| 1992-01-21 | 1992-02-24 | $0.29 | |
| 1991-10-18 | 1991-11-22 | $0.29 | |
| 1991-07-18 | 1991-08-23 | $0.29 | |
| 1991-04-18 | 1991-05-24 | $0.29 | |
| 1991-01-18 | 1991-02-22 | $0.29 | |
| 1990-10-18 | 1990-11-23 | $0.29 | |
| 1990-07-18 | 1990-08-24 | $0.29 | |
| 1990-04-18 | 1990-05-24 | $0.29 | -50% |
| 1990-01-18 | 1990-02-23 | $0.58 | 5.45% |
| 1989-10-18 | 1989-11-24 | $0.55 | |
| 1989-07-18 | 1989-08-24 | $0.55 | |
| 1989-04-18 | 1989-05-24 | $0.55 | |
| 1989-01-18 | 1989-02-24 | $0.55 | 5.77% |
| 1988-10-18 | 1988-11-24 | $0.52 | |
| 1988-07-18 | 1988-08-24 | $0.52 | |
| 1988-04-18 | 1988-05-24 | $0.52 | |
| 1988-01-18 | 1988-02-24 | $0.52 | |
| 1987-10-19 | 1987-11-24 | $0.52 | 4% |
| 1987-07-20 | 1987-08-24 | $0.50 |
Adjusted for splits
–
Total return
Total return includes dividends. “Divs Reinvested” buys additional shares at the ex-dividend date close. “Cash” holds dividends without interest. Taxes and fees excluded.
Change:—
Total return:—
Dividends:—
Total return either reinvests dividends at the ex-dividend date close or holds them as cash without interest. Taxes and fees are excluded.
Group years by