RY Royal Bank of Canada — dividend yield, history & ex-dividend dates
Royal Bank of Canada (RBC), established in 1864 and headquartered in Toronto, Canada, operates as a comprehensive global financial institution. Its Personal & Commercial Banking division caters to individual clients by providing essential services like checking and savings accounts, various lending options (including mortgages, personal loans, and auto financing), private banking, investment vehicles such as mutual funds and guaranteed investment certificates (GICs), along with credit cards and payment solutions. For small and medium-sized commercial enterprises, this segment delivers a suite of services including financing, leasing, deposit management, foreign exchange, cash management, auto dealer financing, and trade solutions. These offerings are readily accessible through its extensive network of branches, ATMs, and mobile platforms. The Wealth Management segment specializes in delivering bespoke, advice-driven strategies and solutions to affluent and ultra-affluent individuals, as well as institutional investors. Through its Insurance arm, RBC offers a broad spectrum of protection and advisory services. These encompass life, health, home, auto, travel, wealth, annuities, and reinsurance, alongside comprehensive business insurance options. Clients, whether individuals, businesses, or groups, can access these services via advice centers, dedicated RBC insurance stores, mobile advisors, diverse digital and social platforms, independent brokers, and travel alliances. The Investor & Treasury Services division supports financial institutions and other investors with critical asset servicing, custody, payment processing, and treasury functions. It further extends its expertise to include fund and investment administration, shareholder services, private capital solutions, performance measurement, compliance oversight, distribution support, transaction banking, robust cash and liquidity management, foreign exchange capabilities, and global securities financing. Finally, the Capital Markets segment provides extensive corporate and investment banking solutions. This includes the origination and distribution of equity and debt instruments, strategic advisory services, and comprehensive sales and trading capabilities. Its clientele spans corporations, institutional investors, asset managers, private equity firms, and governmental entities.
Dividend Snapshot
Key Metrics
Current Yield
2.47%
At the Sep 14, 2026 price
The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.Annualized Dividend
$5.0871
The most recent payment scaled to a full year by how often it's paid. A $0.25 quarterly dividend annualizes to $1.00.Frequency
Q Quarterly
How often the dividend is paid: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.Rank Score
65.5
As of Sep 14, 2026
Our 0-100 house score blending yield quality, payout sustainability (the trailing-twelve-month payout ratio), profitability (TTM return on equity), valuation (TTM price-to-book) and payment reliability, recomputed daily. Higher means a stronger profile on those factors in our model — a research score, not advice or a recommendation to buy.RSI (14)
45
As of Sep 14, 2026
Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.52-Week Range
$143.64 – $217.87
Closes through Sep 11, 2026
The lowest and highest price over the past year — shows where today's price sits in its recent range.Payout Ratio (TTM)
41.48%
12 months to Jul 31, 2026 (Q3 FY2026)
The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.Years Paying
37
How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.Price / Book (TTM)
2.73
Price as of Sep 14, 2026; latest reported book value
Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.S.A.F.E. Dividend Read
Quote & Key Data
Dividend Growth
Why the Yield Moved (90 Days)
RY's dividend yield rose from 2.38% to 2.47% over the past ~90 days (+0.09 pp). Of that move, +0.14 pp came from changes in the dividend rate and -0.06 pp from the share price ($201.13 on Jun 16, 2026 → $205.90 on Sep 14, 2026). A yield that rises because the price fell is not an improvement in the payout itself.
Yield vs Its Own History
Across 335 daily observations over the past 16 months (through Sep 11, 2026), RY's current yield is higher than approximately 20% of them. Our stored price history for RY covers the past 16 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.
Adjusted Price History
Dividend History
Dividend Payment History
Ex-dividend calendar →| Amount | Type | Declared | Ex-Date | Record | Pay |
|---|---|---|---|---|---|
| $1.2718 Q | Regular | Aug 26, 2026 | Oct 26, 2026 | Oct 26, 2026 | Nov 24, 2026 |
| $1.2472 Q | Regular | May 27, 2026 | Jul 27, 2026 | Jul 27, 2026 | Aug 24, 2026 |
| $1.1986 Q | Regular | Feb 25, 2026 | Apr 23, 2026 | Apr 23, 2026 | May 22, 2026 |
| $1.1988 Q | Regular | Dec 03, 2025 | Jan 26, 2026 | Jan 26, 2026 | Feb 24, 2026 |
| $1.1002 Q | Regular | Feb 27, 2025 | Oct 27, 2025 | Oct 27, 2025 | Nov 24, 2025 |
| $1.1286 Q | Regular | Feb 27, 2025 | Jul 24, 2025 | Jul 24, 2025 | Aug 22, 2025 |
| $1.0655 Q | Regular | Feb 27, 2025 | Apr 24, 2025 | Apr 24, 2025 | May 23, 2025 |
| $1.0295 Q | Regular | Dec 04, 2024 | Jan 27, 2025 | Jan 27, 2025 | Feb 24, 2025 |
| $1.0248 Q | Regular | Aug 28, 2024 | Oct 24, 2024 | Oct 24, 2024 | Nov 22, 2024 |
| $1.0267 Q | Regular | May 30, 2024 | Jul 25, 2024 | Jul 25, 2024 | Aug 23, 2024 |
| $1.0068 Q | Regular | Feb 28, 2024 | Apr 24, 2024 | Apr 25, 2024 | May 24, 2024 |
| $1.0201 Q | Regular | Nov 30, 2023 | Jan 24, 2024 | Jan 25, 2024 | Feb 23, 2024 |
| $0.9782 Q | Regular | Aug 24, 2023 | Oct 25, 2023 | Oct 26, 2023 | Nov 24, 2023 |
| $1.0245 Q | Regular | May 25, 2023 | Jul 25, 2023 | Jul 26, 2023 | Aug 24, 2023 |
| $0.9745 Q | Regular | Mar 01, 2023 | Apr 24, 2023 | Apr 25, 2023 | May 24, 2023 |
| $0.9856 Q | Regular | Nov 30, 2022 | Jan 25, 2023 | Jan 26, 2023 | Feb 24, 2023 |
| $0.9398 Q | Regular | Aug 24, 2022 | Oct 25, 2022 | Oct 26, 2022 | Nov 24, 2022 |
| $0.9960 Q | Regular | May 26, 2022 | Jul 25, 2022 | Jul 26, 2022 | Aug 24, 2022 |
| $0.9434 Q | Regular | Feb 24, 2022 | Apr 22, 2022 | Apr 25, 2022 | May 24, 2022 |
| $0.9494 Q | Regular | Dec 01, 2021 | Jan 25, 2022 | Jan 26, 2022 | Feb 24, 2022 |
| $0.8721 Q | Regular | Aug 25, 2021 | Oct 25, 2021 | Oct 26, 2021 | Nov 24, 2021 |
| $0.8579 Q | Regular | - | Jul 23, 2021 | Jul 26, 2021 | Aug 24, 2021 |
| $0.8651 Q | Regular | Feb 24, 2021 | Apr 21, 2021 | Apr 22, 2021 | May 21, 2021 |
| $0.8473 Q | Regular | Dec 02, 2020 | Jan 25, 2021 | Jan 26, 2021 | Feb 24, 2021 |
| $0.8212 Q | Regular | Aug 26, 2020 | Oct 23, 2020 | Oct 26, 2020 | Nov 24, 2020 |
| $0.8058 Q | Regular | May 27, 2020 | Jul 24, 2020 | Jul 27, 2020 | Aug 24, 2020 |
| $0.7631 Q | Regular | Feb 21, 2020 | Apr 22, 2020 | Apr 23, 2020 | May 22, 2020 |
| $0.7991 Q | Regular | Dec 04, 2019 | Jan 24, 2020 | Jan 27, 2020 | Feb 24, 2020 |
| $0.8018 Q | Regular | Aug 21, 2019 | Oct 23, 2019 | Oct 24, 2019 | Nov 22, 2019 |
| $0.7768 Q | Regular | May 22, 2019 | Jul 24, 2019 | Jul 25, 2019 | Aug 23, 2019 |
| $0.7564 Q | Regular | Feb 21, 2019 | Apr 24, 2019 | Apr 25, 2019 | May 24, 2019 |
| $0.7338 Q | Regular | Nov 28, 2018 | Jan 23, 2019 | Jan 24, 2019 | Feb 22, 2019 |
| $0.7532 Q | Regular | Aug 22, 2018 | Oct 24, 2018 | Oct 25, 2018 | Nov 23, 2018 |
| $0.7163 Q | Regular | May 24, 2018 | Jul 25, 2018 | Jul 26, 2018 | Aug 24, 2018 |
| $0.7328 Q | Regular | Feb 23, 2018 | Apr 24, 2018 | Apr 25, 2018 | May 24, 2018 |
| $0.7370 Q | Regular | Nov 29, 2017 | Jan 24, 2018 | Jan 25, 2018 | Feb 23, 2018 |
| $0.7117 Q | Regular | Aug 23, 2017 | Oct 25, 2017 | Oct 26, 2017 | Nov 24, 2017 |
| $0.6957 Q | Regular | - | Jul 24, 2017 | Jul 26, 2017 | Aug 24, 2017 |
| $0.6437 Q | Regular | Feb 24, 2017 | Apr 21, 2017 | Apr 25, 2017 | May 24, 2017 |
| $0.6307 Q | Regular | Nov 30, 2016 | Jan 24, 2017 | Jan 26, 2017 | Feb 24, 2017 |
| $0.6199 Q | Regular | Aug 24, 2016 | Oct 24, 2016 | Oct 26, 2016 | Nov 24, 2016 |
| $0.6146 Q | Regular | May 26, 2016 | Jul 22, 2016 | Jul 26, 2016 | Aug 24, 2016 |
| $0.6373 Q | Regular | Feb 24, 2016 | Apr 21, 2016 | Apr 25, 2016 | May 24, 2016 |
| $0.5590 Q | Regular | Dec 02, 2015 | Jan 22, 2016 | Jan 26, 2016 | Feb 24, 2016 |
| $0.6036 Q | Regular | Aug 26, 2015 | Oct 22, 2015 | Oct 26, 2015 | Nov 24, 2015 |
| $0.5910 Q | Regular | May 28, 2015 | Jul 23, 2015 | Jul 27, 2015 | Aug 24, 2015 |
| $0.6273 Q | Regular | Feb 24, 2015 | Apr 21, 2015 | Apr 23, 2015 | May 22, 2015 |
| $0.6083 Q | Regular | Dec 03, 2014 | Jan 22, 2015 | Jan 26, 2015 | Feb 24, 2015 |
| $0.6675 Q | Regular | Aug 22, 2014 | Oct 23, 2014 | Oct 27, 2014 | Nov 24, 2014 |
| $0.6608 Q | Regular | May 22, 2014 | Jul 22, 2014 | Jul 24, 2014 | Aug 22, 2014 |
| $0.6440 Q | Regular | Feb 26, 2014 | Apr 22, 2014 | Apr 24, 2014 | May 23, 2014 |
| $0.6022 Q | Regular | Dec 05, 2013 | Jan 23, 2014 | Jan 27, 2014 | Feb 24, 2014 |
| $0.6516 Q | Regular | Aug 29, 2013 | Oct 22, 2013 | Oct 24, 2013 | Nov 22, 2013 |
| $0.6113 Q | Regular | May 30, 2013 | Jul 23, 2013 | Jul 25, 2013 | Aug 23, 2013 |
| $0.6141 Q | Regular | Feb 28, 2013 | Apr 23, 2013 | Apr 25, 2013 | May 24, 2013 |
| $0.6040 Q | Regular | Nov 29, 2012 | Jan 22, 2013 | Jan 24, 2013 | Feb 22, 2013 |
| $0.6040 Q | Regular | - | Oct 23, 2012 | Oct 25, 2012 | Nov 23, 2012 |
| $0.5584 Q | Regular | - | Jul 24, 2012 | Jul 26, 2012 | Aug 24, 2012 |
| $0.5737 Q | Regular | - | Apr 23, 2012 | Apr 25, 2012 | May 24, 2012 |
| $0.5343 Q | Regular | - | Jan 24, 2012 | Jan 26, 2012 | Feb 24, 2012 |
| $0.5378 Q | Regular | - | Oct 24, 2011 | Oct 26, 2011 | Nov 24, 2011 |
| $0.5684 Q | Regular | - | Jul 22, 2011 | Jul 26, 2011 | Aug 24, 2011 |
| $0.5254 Q | Regular | - | Apr 21, 2011 | Apr 26, 2011 | May 24, 2011 |
| $0.5032 Q | Regular | - | Jan 24, 2011 | Jan 26, 2011 | Feb 24, 2011 |
| $0.4872 Q | Regular | - | Oct 22, 2010 | Oct 26, 2010 | Nov 24, 2010 |
| $0.4820 Q | Regular | - | Jul 22, 2010 | Jul 26, 2010 | Aug 24, 2010 |
| $0.5008 Q | Regular | - | Apr 20, 2010 | Apr 22, 2010 | May 21, 2010 |
| $0.4745 Q | Regular | - | Jan 22, 2010 | Jan 26, 2010 | Feb 24, 2010 |
| $0.4776 Q | Regular | - | Oct 22, 2009 | Oct 26, 2009 | Nov 24, 2009 |
| $0.4590 Q | Regular | - | Jul 23, 2009 | Jul 27, 2009 | Aug 24, 2009 |
| $0.4024 Q | Regular | - | Apr 21, 2009 | Apr 23, 2009 | May 22, 2009 |
| $0.3991 Q | Regular | - | Jan 22, 2009 | Jan 26, 2009 | Feb 24, 2009 |
| $0.4009 Q | Regular | - | Oct 23, 2008 | Oct 27, 2008 | Nov 24, 2008 |
| $0.4964 Q | Regular | - | Jul 22, 2008 | Jul 24, 2008 | Aug 22, 2008 |
| $0.4965 Q | Regular | - | Apr 22, 2008 | Apr 24, 2008 | May 23, 2008 |
| $0.4866 Q | Regular | - | Jan 22, 2008 | Jan 24, 2008 | Feb 22, 2008 |
| $0.5170 Q | Regular | - | Oct 23, 2007 | Oct 25, 2007 | Nov 23, 2007 |
| $0.4437 Q | Regular | - | Jul 24, 2007 | Jul 26, 2007 | Aug 24, 2007 |
| $0.4100 Q | Regular | - | Apr 23, 2007 | Apr 25, 2007 | May 24, 2007 |
| $0.3385 Q | Regular | - | Jan 23, 2007 | Jan 25, 2007 | Feb 23, 2007 |
| $0.3544 Q | Regular | - | Oct 24, 2006 | Oct 26, 2006 | Nov 24, 2006 |
| $0.3155 Q | Regular | - | Jul 24, 2006 | Jul 26, 2006 | Aug 24, 2006 |
| $0.3163 Q | Regular | - | Apr 21, 2006 | Apr 25, 2006 | May 24, 2006 |
| $0.5552 Q | Regular | - | Jan 24, 2006 | Jan 26, 2006 | Feb 24, 2006 |
| $0.5424 Q | Regular | - | Oct 21, 2005 | Oct 25, 2005 | Nov 23, 2005 |
| $0.5012 Q | Regular | - | Jul 22, 2005 | Jul 26, 2005 | Aug 24, 2005 |
| $0.4440 Q | Regular | - | Apr 21, 2005 | Apr 25, 2005 | May 24, 2005 |
| $0.4499 Q | Regular | - | Jan 24, 2005 | Jan 26, 2005 | Feb 24, 2005 |
| $0.4184 Q | Regular | - | Oct 22, 2004 | Oct 26, 2004 | Nov 24, 2004 |
| $0.3931 Q | Regular | - | Jul 22, 2004 | Jul 26, 2004 | Aug 24, 2004 |
| $0.3866 Q | Regular | - | Apr 20, 2004 | Apr 22, 2004 | May 21, 2004 |
| $0.3537 Q | Regular | - | Jan 22, 2004 | Jan 26, 2004 | Feb 24, 2004 |
| $0.3528 Q | Regular | - | Oct 23, 2003 | Oct 27, 2003 | Nov 24, 2003 |
| $0.3056 Q | Regular | - | Jul 21, 2003 | Jul 23, 2003 | Aug 22, 2003 |
| $0.2970 Q | Regular | - | Apr 21, 2003 | Apr 23, 2003 | May 23, 2003 |
| $0.2612 Q | Regular | - | Jan 23, 2003 | Jan 27, 2003 | Feb 24, 2003 |
| $0.2542 Q | Regular | - | Oct 21, 2002 | Oct 23, 2002 | Nov 22, 2002 |
| $0.2463 Q | Regular | - | Jul 22, 2002 | Jul 24, 2002 | Aug 23, 2002 |
| $0.2416 Q | Regular | - | Apr 22, 2002 | Apr 24, 2002 | May 24, 2002 |
| $0.2233 Q | Regular | - | Jan 22, 2002 | Jan 24, 2002 | Feb 22, 2002 |
| $0.2286 Q | Regular | - | Oct 22, 2001 | Oct 24, 2001 | Nov 23, 2001 |
| $0.2334 Q | Regular | - | Jul 23, 2001 | Jul 25, 2001 | Aug 24, 2001 |
| $0.2128 Q | Regular | - | Apr 20, 2001 | Apr 24, 2001 | May 24, 2001 |
| $0.2184 Q | Regular | - | Jan 22, 2001 | Jan 24, 2001 | Feb 23, 2001 |
| $0.1985 Q | Regular | - | Oct 23, 2000 | Oct 25, 2000 | Nov 24, 2000 |
| $0.4073 Q | Regular | - | Jul 21, 2000 | Jul 25, 2000 | Aug 24, 2000 |
| $0.3647 Q | Regular | - | Apr 19, 2000 | Apr 24, 2000 | May 24, 2000 |
| $0.3734 Q | Regular | - | Jan 21, 2000 | Jan 25, 2000 | Feb 24, 2000 |
| $0.3231 Q | Regular | - | Oct 21, 1999 | Oct 25, 1999 | Nov 24, 1999 |
| $0.3194 Q | Regular | - | Jul 22, 1999 | Jul 26, 1999 | Aug 24, 1999 |
| $0.3090 Q | Regular | - | Apr 21, 1999 | Apr 23, 1999 | May 21, 1999 |
| $0.3033 Q | Regular | - | Jan 21, 1999 | Jan 25, 1999 | Feb 24, 1999 |
| $0.2976 Q | Regular | - | Oct 22, 1998 | Oct 26, 1998 | Nov 24, 1998 |
| $0.3076 Q | Regular | - | Jul 23, 1998 | Jul 27, 1998 | Aug 24, 1998 |
| $0.2934 Q | Regular | - | Apr 22, 1998 | Apr 24, 1998 | May 22, 1998 |
| $0.2901 Q | Regular | - | Jan 22, 1998 | Jan 26, 1998 | Feb 24, 1998 |
| $0.2807 Q | Regular | - | Oct 23, 1997 | Oct 27, 1997 | Nov 24, 1997 |
| $0.2828 Q | Regular | - | Jul 22, 1997 | Jul 24, 1997 | Aug 22, 1997 |
| $0.2651 Q | Regular | - | Apr 22, 1997 | Apr 24, 1997 | May 23, 1997 |
| $0.2759 Q | Regular | - | Jan 23, 1997 | Jan 27, 1997 | Feb 24, 1997 |
Peer Comparison
Selected Banks - Diversified dividend payers we cover, strongest DividendRank first — for context, not a recommendation.
| Ticker | Name | Yield | 5-Yr Growth | Streak | Rank |
|---|---|---|---|---|---|
| USB | U.S. Bancorp | 3.44% | 4.0% | 15 yrs | 75 |
| CICHF | China Construction Bank Corporation | 5.07% | 12.5% | 2 yrs | 74 |
| CICHY | China Construction Bank Corporation | 4.83% | 12.7% | 5 yrs | 72 |
| WFC | Wells Fargo & Company | 2.22% | 6.9% | 4 yrs | 71 |
Related Guides & Lists
RY dividend — frequently asked questions
Does Royal Bank of Canada pay a dividend?
Yes. Royal Bank of Canada (RY) currently pays a dividend. The annualized dividend is about $5.09 per share, a yield of approximately 2.47%.
What is Royal Bank of Canada's dividend yield?
Royal Bank of Canada's dividend yield is approximately 2.47%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.
How often does Royal Bank of Canada pay dividends?
Royal Bank of Canada pays dividends quarterly — 4 times per year.
When is Royal Bank of Canada's next ex-dividend date?
The next ex-dividend date on record for Royal Bank of Canada is October 26, 2026. The associated payment is $1.2718 per share; you must own the shares before the ex-dividend date to receive it.
How long has Royal Bank of Canada paid dividends?
Royal Bank of Canada has 37 years of dividend payments on record, and has increased its dividend for 10 consecutive years.
Data updated Sep 14, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.