RY Dividend History - Royal Bank of Canada

Track the latest RY dividend history: 3.53% Dividend Yield, 5.47% Annual Growth - Explore RY's complete dividend history

Yield 12m 3.53%
Cash Amount 12m 5.70
Dividend Growth 5y avg 5.47%
Dividend Rating 69.46%
Yield on Cost 5y 6.42%
Payout Ratio 47.1%
Payout Frequency 12m 4
Payout Consistency 99.2%
Total Return 12m: 33.02%
#1 in Group
Total Return 5y: 90.50%
#2 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

Top Dividend Yield in Peer Group
Symbol Market Cap in USD Yield Yield on Cost
RY 170,527m 3.53% 6.42%
AVAL 3,172m 5.27% 3.09%
BAP 14,598m 2.18% 2.29%
BBD 20,531m 8.90% 4.60%
Top Dividend Grower in Peer Group
Symbol Market Cap in USD Grow Rating
RY 170,527m 5.47% 69.5%
AVAL 3,172m -15.5% 20.6%
BAP 14,598m -15.3% 15.9%
BBD 20,531m 1.49% 57.2%

RY Dividend History - Last 40 Dividends (Paid in CAD)

Ex-Date Record Date Payment Date Period Cash Amount Growth Rate Payout Yield
2025-01-27 2025-01-27 2025-02-24 Quarterly 1.48 4.2% 0.85%
2024-10-24 2024-10-24 2024-11-22 Quarterly 1.42 0.83%
2024-07-25 2024-07-25 2024-08-23 Quarterly 1.42 2.9% 0.94%
2024-04-24 2024-04-25 2024-05-24 Quarterly 1.38 1.02%
2024-01-24 2024-01-25 2024-02-23 Quarterly 1.38 2.2% 1.04%
2023-10-25 2023-10-26 2023-11-24 Quarterly 1.35 1.24%
2023-07-25 2023-07-26 2023-08-24 Quarterly 1.35 2.3% 1.03%
2023-04-24 2023-04-25 2023-05-24 Quarterly 1.32 0.98%
2023-01-25 2023-01-26 2023-02-24 Quarterly 1.32 3.1% 0.99%
2022-10-25 2022-10-26 2022-11-24 Quarterly 1.28 1.05%
2022-07-25 2022-07-26 2022-08-24 Quarterly 1.28 6.7% 1.04%
2022-04-22 2022-04-25 2022-05-24 Quarterly 1.2 0.87%
2022-01-25 2022-01-26 2022-02-24 Quarterly 1.2 11.1% 0.85%
2021-10-25 2021-10-26 2021-11-24 Quarterly 1.08 0.82%
2021-07-23 2021-07-26 2021-08-24 Quarterly 1.08 0.86%
2021-04-21 2021-04-22 2021-05-21 Quarterly 1.08 0.94%
2021-01-25 2021-01-26 2021-02-24 Quarterly 1.08 1.02%
2020-10-23 2020-10-26 2020-11-24 Quarterly 1.08 1.12%
2020-07-24 2020-07-27 2020-08-24 Quarterly 1.08 1.15%
2020-04-22 2020-04-23 2020-05-22 Quarterly 1.08 2.9% 1.28%
2020-01-24 2020-01-27 2020-02-24 Quarterly 1.05
2019-10-23 1.05 2.9%
2019-07-24 2019-07-25 2019-08-23 Quarterly 1.02
2019-04-24 2019-04-25 2019-05-24 Quarterly 1.02 4.1%
2019-01-23 2019-01-24 2019-02-22 Quarterly 0.98
2018-10-24 2018-10-25 2018-11-23 Quarterly 0.98 4.3%
2018-07-25 2018-07-26 2018-08-24 Quarterly 0.94
2018-04-24 2018-04-25 2018-05-24 Quarterly 0.94 3.3%
2018-01-24 2018-01-25 2018-02-23 Quarterly 0.91
2017-10-25 2017-10-26 2017-11-24 Quarterly 0.91 4.6%
2017-07-24 2017-07-26 2017-08-24 Quarterly 0.87
2017-04-21 2017-04-25 2017-05-24 Quarterly 0.87 4.8%
2017-01-24 2017-01-26 2017-02-24 Quarterly 0.83
2016-10-24 2016-10-26 2016-11-24 Quarterly 0.83 2.5%
2016-07-22 2016-07-26 2016-08-24 Quarterly 0.81
2016-04-21 2016-04-25 2016-05-24 Quarterly 0.81 2.5%
2016-01-22 2016-01-26 2016-02-24 Quarterly 0.79
2015-10-22 2015-10-26 2015-11-24 Quarterly 0.79 2.6%
2015-07-23 2015-07-27 2015-08-24 Quarterly 0.77
2015-04-21 2015-04-23 2015-05-22 Quarterly 0.77

RY Dividend History - FAQ

Does RY pay dividends?

Yes, as of February 2025, RY paid a dividend of 5.70 CAD in the last 12 months. The last dividend was paid on 2025-01-27.

What is the Dividend Yield of RY?

As of February 2025, RY`s dividend yield is 3.53%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 5.70 CAD by the current share price of 169.22.

How often does RY pay dividends?

RY pays dividends quarterly. Over the last 12 months (TTM), RY has issued 4 dividend payments.

What is the next Ex-Dividend Date for RY?

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

What is the Dividend Growth Rate of RY?

RY's average dividend growth rate over the past 5 years is 5.47% 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 6.42%. This represents the effective dividend yield for an investor who bought Royal Bank of Canada five years ago. It is calculated as the trailing 12-month dividend cash amount (5.70) divided by the purchase price five years ago (88.83):

What is the Payout Consistency of RY?

RY Payout Consistency is 99.2%.
Highly consistent: Royal Bank of Canada has a strong track record of consistent dividend payments.

Does RY have a good Dividend Yield?

RY`s 3.53% Dividend Yield is considered as moderate.

What is the Dividend Payout Ratio of RY?

The Dividend Payout Ratio of RY is 47.1%. 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 69.46%. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional.

Bonus Section: RY Outstanding Shares

What is the Trend of RY`s Outstanding Shares?

The Outstanding Shares of Royal Bank of Canada are shrinking at a rate of -0.15% per year on average over the last 5 years. The Correlation Coefficent of the Outstanding Shares is -50.0%. Investors should be aware that the price of a stock often is positively affected by a decreasing number of shares.

Did Royal Bank of Canada ever had a Stock Split?

Yes, last Stock Split was on 2006-03-23 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 (Mill.) Growth Rate
1994 1220495300
1995 1242740000 +1.82%
1996 1376537400 +10.77%
1997 1243348800 -9.68%
1998 1257139000 +1.11%
1999 1239975600 -1.37%
2000 1229372000 -0.86%
2001 1359458000 +10.58%
2002 1346800000 -0.93%
2003 1317476000 -2.18%
2004 1298236000 -1.46%
2005 1304378000 +0.47%
2006 1293085000 -0.87%
2007 1297145100 +0.31%
2008 1379191000 +6.33%
2009 1432179000 +3.84%
2010 1435291000 +0.22%
2011 1467527000 +2.25%
2012 1469330000 +0.12%
2013 1462728000 -0.45%
2014 1449342000 -0.92%
2015 1449509000 +0.01%
2016 1492350000 +2.96%
2017 1464916000 -1.84%
2018 1446514000 -1.26%
2019 1438257000 -0.57%
2020 1426466000 -0.82%
2021 1427296000 +0.06%
2022 1388548000 -2.71%
2023 1400689700 +0.87%
2024 1416149000 +1.1%