Royal Bank of Canada (RY) Dividend History & Analysis

Track McKesson's (RY) dividend history - current yield, annual dividend growth rate, payout history and peer comparisons.

Yield 12m 4.48%
Dividends per Share 12m 5.15
Dividend Growth Rate 5y 5.25%
Overall Dividend Rating 80.94%
Yield on Cost 5y 10.65%
Payout Ratio 32.1%
Payout Frequency 12m 5
Payout Consistency 99.3%
Total Return 12m: 16.54%
#46 in Group
Total Return 5y: 133.23%
#50 in Group

Dividends Cash Amount per Share Yearly

Number of Payouts Yearly

5 Years Chart with Price and Dividend Yield

Top Dividend Payers in Diversified Banks

Highest Dividend Yields in Sector
Symbol Market Cap
(USD)
Dividend Yield Yield on Cost
RY 158,519m 4.48% 10.7%
CIB 10,163m 18.4% 41.7%
ABN 17,874m 12.9% 46.7%
BMA 5,979m 7.40% 40.5%
Highest Dividend Growth Rate in Sector
Symbol Market Cap
(USD)
Growth Rate Payout Ratio
RY 158,519m 5.25% 32.1%
BCP 7,374m 157% 17.6%
CM 54,128m 122% 48.0%
IBN 110,511m 45.0% 15.0%

RY Dividend History: Last 40 Payments (USD)

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate Payout Yield
2025-04-24 2025-04-24 2025-05-23 Quarterly 1.0259 -2.7%
2025-01-27 2025-01-27 2025-02-24 Quarterly 1.0545 2.8% 0.87%
2024-10-24 2024-10-24 2024-11-22 Quarterly 1.0255 -0.4% 0.83%
2024-07-25 2024-07-25 2024-08-23 Quarterly 1.0298 2% 0.95%
2024-04-24 2024-04-25 2024-05-24 Quarterly 1.0096 -1.4% 1.02%
2024-01-24 2024-01-25 2024-02-23 Quarterly 1.0236 2.8% 1.04%
2023-10-25 2023-10-26 2023-11-24 Quarterly 0.9959 -2.8% 1.27%
2023-07-25 2023-07-26 2023-08-24 Quarterly 1.0245 5.1% 1.03%
2023-04-24 2023-04-25 2023-05-24 Quarterly 0.975 -0.8% 0.98%
2023-01-25 2023-01-26 2023-02-24 Quarterly 0.9832 1.1% 0.98%
2022-10-25 2022-10-26 2022-11-24 Quarterly 0.9723 -2.5% 1.09%
2022-07-25 2022-07-26 2022-08-24 Quarterly 0.9972 3.9% 1.04%
2022-04-22 2022-04-25 2022-05-24 Quarterly 0.9598 1.3% 0.89%
2022-01-25 2022-01-26 2022-02-24 Quarterly 0.9476 8.4% 0.85%
2021-10-25 2021-10-26 2021-11-24 Quarterly 0.8742 -2.1% 0.82%
2021-07-23 2021-07-26 2021-08-24 Quarterly 0.8928 3.2% 0.9%
2021-04-21 2021-04-22 2021-05-21 Quarterly 0.8651 1.9% 0.95%
2021-01-25 2021-01-26 2021-02-24 Quarterly 0.8493 3.4% 1.02%
2020-10-23 2020-10-26 2020-11-24 Quarterly 0.8213 4.6% 1.11%
2020-07-24 2020-07-27 2020-08-24 Quarterly 0.7854 3.3% 1.12%
2020-04-22 2020-04-23 2020-05-22 Quarterly 0.7605 -4.8% 1.28%
2020-01-24 2020-01-27 2020-02-24 Quarterly 0.7987 -0.4%
2019-10-23 2019-10-24 2019-11-22 Quarterly 0.8021 3.3%
2019-07-24 2019-07-25 2019-08-23 Quarterly 0.7768 2.7%
2019-04-24 2019-04-25 2019-05-24 Quarterly 0.7565 3.1%
2019-01-23 2019-01-24 2019-02-22 Quarterly 0.7338 -2.6%
2018-10-24 2018-10-25 2018-11-23 Quarterly 0.7532 5.2%
2018-07-25 2018-07-26 2018-08-24 Quarterly 0.7163 -2.3%
2018-04-24 2018-04-25 2018-05-24 Quarterly 0.7328 -0.6%
2018-01-24 2018-01-25 2018-02-23 Quarterly 0.737 3.6%
2017-10-25 2017-10-26 2017-11-24 Quarterly 0.7117 2.3%
2017-07-24 2017-07-26 2017-08-24 Quarterly 0.6957 8.1%
2017-04-21 2017-04-25 2017-05-24 Quarterly 0.6437 2.1%
2017-01-24 2017-01-26 2017-02-24 Quarterly 0.6307 1.5%
2016-10-24 2016-10-26 2016-11-24 Quarterly 0.6216 1.1%
2016-07-22 2016-07-26 2016-08-24 Quarterly 0.6151 -3.5%
2016-04-21 2016-04-25 2016-05-24 Quarterly 0.6373 14%
2016-01-22 2016-01-26 2016-02-24 Quarterly 0.559 -7.2%
2015-10-22 2015-10-26 2015-11-24 Quarterly 0.6026 1.7%
2015-07-23 2015-07-27 2015-08-24 Quarterly 0.5926

RY Dividend FAQ

Does RY pay dividends?

Yes, as of April 2025, RY paid a dividend of 5.15 USD in the last 12 months. The last dividend was paid on 2025-04-24.

What is the Dividend Yield of RY?

As of April 2025, RY`s dividend yield is 4.48%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 5.15M USD by the current share price of 112.72.

How often does RY pay dividends?

RY pays dividends quarterly. Over the last 12 months (TTM), RY has issued 5 dividend payments.

What is the next Ex-Dividend Date for RY?

The next ex-dividend date for Royal Bank of Canada (RY) is 2025-04-24.

What is the Dividend Growth of RY?

RY's average dividend growth rate over the past 5 years is 5.25M% per year.
Strong growth: Dividend growth is outpacing inflation.

What is the Yield on Cost of RY?

RY's 5-Year Yield on Cost is 10.7M%. This represents the effective dividend yield for an investor who bought Royal Bank of Canada five years ago. It is calculated as the sum of all trailing 12-month dividends (5.15M) divided by the purchase price five years ago (48.33):

What is the Payout Consistency of RY?

RY Payout Consistency is 99.3%.
Highly consistent: Royal Bank of Canada has a strong track record of consistent dividend payments.

Does RY have a good Dividend Yield?

RY`s 4.48% Dividend Yield is considered as good.

What is the Dividend Payout Ratio of RY?

The Dividend Payout Ratio of RY is 32.1%. Healthy - Leaves room for growth and provides some protection to maintain dividends even in a recession.

What is the Dividend Rating of RY?

RY`s Overall Dividend Rating is 80.94%. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional.

RY Outstanding Shares Analysis

What is the Trend in RY`s Outstanding Shares?

Royal Bank of Canada`s outstanding shares have decreased by approximately -0.21% annually over the past 5 years (Correlation: -70.0%), positively influencing stock price.

Has Royal Bank of Canada ever had a Stock Split?

Yes, last Stock Split was on 2006-04-07 with a factor of 2:1. This stock split increased the number of shares and lowered the price per share by a ratio of 2.
Year Number of Shares Annual Growth Rate
2009 1,412,000,000
2010 1,434,000,000 +1.56%
2011 1,438,000,000 +0.28%
2012 1,468,000,000 +2.09%
2013 1,467,000,000 -0.07%
2014 1,452,000,000 -1.02%
2015 1,450,000,000 -0.14%
2016 1,494,000,000 +3.03%
2017 1,474,000,000 -1.34%
2018 1,450,000,000 -1.63%
2019 1,441,000,000 -0.62%
2020 1,429,000,000 -0.83%
2021 1,427,000,000 -0.14%
2022 1,406,000,000 -1.47%
2023 1,393,000,000 -0.92%
2024 1,414,000,000 +1.51%