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RY Royal Bank of Canada — dividend yield, history & ex-dividend dates

NYSE· Quarterly dividend· Common Stock· ADR · Financial Services / Banks - Diversified

$205.90 ▼ $-0.08(-0.04%) as of Sep 14, 2026 03:06 UTC
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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

StatusRecently Increased
Latest Dividend$1.2718
Forward Annual$5.09
FrequencyQuarterly
Last Ex-DateOct 26, 2026
Next Ex-DateOct 26, 2026
Next Pay DateNov 24, 2026
1-Yr Growth6.0%Annual totals, 2024–2025
10-Yr Growth5.9%Annual totals, 2015–2025

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

S.A.F.E. is our quick durability read on a dividend — the same four-check test used across the screener and our ranked lists. Solid: a model rank of 70+ and a yield of 2%+; the rank weighs the trailing-twelve-month payout ratio, return on equity and price-to-book. Accelerating: the dividend has grown over time, not stalled. Flawless: an unbroken record with no cuts or suspensions. Enduring: a long enough paying history to weather a cycle. All four met earns the S.A.F.E. flag.
S Solid
Below the Solid check (model rank 70+ and yield 2%+): rank 65/100, yield 2.47%.
A Accelerating
11 consecutive years of dividend increases.
F Flawless
No dividend cut in the available payment record.
E Enduring
37 years of dividend payments on record.

Quote & Key Data

ExchangeNYSEThe stock exchange where the shares trade, such as NYSE or Nasdaq.
Volume823,200Sep 11, 2026 sessionHow many shares changed hands in the latest session — a rough read on trading activity.
Open$207.77Sep 11, 2026 sessionThe price at the start of the latest trading session.
Day Range$204.23 – $208.00Sep 11, 2026 sessionThe lowest and highest price during the latest trading session.
Prev Close$205.98Close of Sep 10, 2026The closing price from the previous trading session.
Market Cap$286.16BAs of Sep 14, 2026The company's total market value — share price times shares outstanding — on the date shown.
Shares Out1.39BImplied by market cap, Sep 14, 2026Shares outstanding implied by the market cap and share price on the date shown.
EPS (TTM)CAD 16.3912 months to Jul 31, 2026 (Q3 FY2026); reported in CADEarnings per share over the trailing twelve months (TTM), labeled with the end date of the latest reported quarter and shown in the company's reporting currency. Dividends are paid out of these earnings.
P/E (TTM)17.9Price as of Sep 14, 2026; earnings to Jul 31, 2026Price-to-earnings ratio: the share price on the date shown divided by trailing-twelve-month earnings per share. A rough gauge of how richly the stock is valued.
Ex-DividendOct 26, 2026Buy before this date to receive the upcoming payment. Buy on or after it and the seller keeps that one.
Pay DateNov 24, 2026The date the dividend is actually paid into shareholders' accounts.

Dividend Growth

3-Yr Growth (CAGR)4.1%Annual totals, 2022–2025The dividend's average annual growth rate over the period, compounded. Steady growth signals a healthy, rising payout.
5-Yr Growth (CAGR)6.3%Annual totals, 2020–2025The dividend's average annual growth rate over the period, compounded. Steady growth signals a healthy, rising payout.
Consecutive Increases10 yrsAnnual totals through 2025The number of years in a row the dividend has increased — a track record of reliability.

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

Current2.47%
1-Yr Average2.70%
Low / High2.20% – 3.51%
Percentile20%

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.

TickerNameYield5-Yr GrowthStreakRank
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

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.

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