Royal Bank of Canada (RY) Dividend Yield, Date & History $116.87 -1.30 (-1.10%) Closing price 03/3/2025 03:59 PM EasternExtended Trading$115.65 -1.22 (-1.04%) As of 09:00 AM Eastern Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more. Add Compare Share Share Dividend Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Royal Bank of Canada Dividend SummaryDividend Yield3.48%Annual Dividend$4.07Next Dividend Payment May. 23 Dividend Increase Track Record 14 YearsAnnualized 3-Year Dividend Growth 8.68%Dividend Payout Ratio 45.73% Royal Bank of Canada (RY) pays an annual dividend of $4.07 per share, with a dividend yield of 3.48%. The next quarterly payment of $1.0251 per share is scheduled for Friday, May 23, to investors who own the stock before the ex-dividend date of Thursday, April 24. RY has grown its dividend for 14 consecutive years, with an average annual increase of 2.81%. The company currently pays out 45.73% of its earnings and 39.94% of its cash flow as dividends. Get Dividend Stock Ideas Daily Enter your email address below to receive the DividendStocks.com newsletter, a daily email that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news. Enter your email to sign up for newsletter Sign Up Skip Charts & View Dividend HistoryRY Dividend Payments by QuarterDividend Payments by Quarter Chart DescriptionThe chart below displays up to four years of Royal Bank of Canada's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.Open Royal Bank of Canada in Dividend Calculator RY Dividend Yield Over TimeDividend Yield Over Time Chart DescriptionThe chart below tracks Royal Bank of Canada's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.Open Royal Bank of Canada in Dividend Yield Calculator Royal Bank of Canada vs. The CompetitionCompare Royal Bank of Canada's annual dividend, yield, and 3-year growth rate with averages for Finance and NYSE companies to evaluate its performance against the market.TypeRoyal Bank of CanadaFinance CompaniesNYSE CompaniesAnnual Dividend$4.07$0.02$1.45Dividend Yield3.48%5.64%3.90%Annualized 3-Year Dividend Growth8.68%11.43%11.42%Track Record14 years19 years26 yearsRoyal Bank of Canada Dividend Payout RatioDividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.TypePayout RatioBased on Trailing 12 Months of Earnings45.73%Based on This Year's Estimate44.43%Based on Next Year's Estimate40.30%Based on Cashflow39.94% Royal Bank of Canada Dividend History by Quarter Custom Range 3 Months 6 Months Year-to-Date 1 Year 2 Years 3 Years 5 Years 10 Years All Time Time Frame * Start Date * End Date AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date2/28/2025quarterly$1.0251-$0.02712.58%5.1%4/24/20254/24/20255/23/202512/5/2024quarterly$1.0522+$0.02422.36%3.2%1/27/20251/27/20252/24/20258/28/2024Quarterly$1.0280-$0.00200.19%3.46%10/24/202410/24/202411/22/20245/30/2024Quarterly$1.03+$0.00930.91%3.8%7/25/20247/25/20248/23/20242/29/2024quarterly$1.0207+$0.00520.51%4.2%4/24/20244/25/20245/24/2024 Get the Latest News and Ratings for RY and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Royal Bank of Canada and its competitors with MarketBeat's FREE daily newsletter. 12/1/2023quarterly$1.0155-$0.00350.34%4.5%1/24/20241/25/20242/23/20248/24/2023Quarterly$1.0190+$0.02302.31%4.51%10/25/202310/26/202311/24/20235/25/2023Quarterly$0.9960+$0.00400.40%4.47%7/25/20237/26/20238/24/2023This table shows Royal Bank of Canada's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time. Royal Bank of Canada Dividend - Frequently Asked Questions What is Royal Bank of Canada's dividend yield? The current dividend yield for Royal Bank of Canada is 3.48%. Learn more on RY's dividend yield history. How much is Royal Bank of Canada's annual dividend? The annual dividend for RY shares is $4.07. Learn more on RY's annual dividend history. How often does Royal Bank of Canada pay dividends? Royal Bank of Canada pays quarterly dividends to shareholders. When is Royal Bank of Canada's next dividend payment? Royal Bank of Canada's next quarterly dividend payment of $1.0251 per share will be made to shareholders on Friday, May 23, 2025. When was Royal Bank of Canada's most recent dividend payment? Royal Bank of Canada's most recent quarterly dividend payment of $1.0522 per share was made to shareholders on Monday, February 24, 2025. When is Royal Bank of Canada's ex-dividend date? Royal Bank of Canada's next ex-dividend date is Thursday, April 24, 2025. When was Royal Bank of Canada's most recent ex-dividend date? Royal Bank of Canada's most recent ex-dividend date was Monday, January 27, 2025. Is Royal Bank of Canada's dividend growing? Over the past three years, the company's dividend has grown by an average of 8.68% per year. What track record does Royal Bank of Canada have of raising its dividend? Royal Bank of Canada has increased its dividend for the past 14 consecutive years. When did Royal Bank of Canada last increase or decrease its dividend? The most recent change in the company's dividend was a decrease of $0.0271 on Friday, February 28, 2025. What is Royal Bank of Canada's dividend payout ratio? The dividend payout ratio for RY is: 45.73% based on the trailing year of earnings 44.43% based on this year's estimates 40.30% based on next year's estimates 39.94% based on cash flow Is Royal Bank of Canada a good dividend stock? Royal Bank of Canada's dividend yield of 3.44% is lower than the average Finance company that issues a dividend. The company's 14 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Royal Bank of Canada's dividend payout ratio of 45.73% is at a healthy, sustainable level, below 75% of its earnings. Looking at the stock as a whole, market analysts rate Royal Bank of Canada stock as a Buy, with forecasts suggesting positive growth potential despite some reservations. More Dividend Resources from MarketBeat Related Companies BAC Dividend Yield HSBC Dividend Yield HDB Dividend Yield C Dividend Yield UBS Dividend Yield TD Dividend Yield IBN Dividend Yield SAN Dividend Yield BBVA Dividend Yield BMO Dividend Yield Dividend Tools Dividend Announcements Dividend Calculator Dividend Capture Stocks Dividend Cuts Dividend Increases Dividend Investing Guide Dividend Newsletter Dividend Payout Ratio Calculator Dividend Screener Dividend Stocks Overview Dividend Tax Calculator Dividend Yield Calculator Ex-Dividend Calendar Special Dividends Stock Lists Best Dividend Stocks Blue Chip Stocks Cheap Dividend Stocks Dividend Achievers Dividend Aristocrats Dividend Challengers Dividend Champions Dividend Contenders Dividend ETFs Dividend Kings High-Yield REITs High-Yield Stocks Monthly Dividend Stocks Real Estate Investment Trusts Latest Articles These 3 Stocks Grew Dividends +50% Annually Over the Last 3 YearsWin-Win Momentum Plays With Strong Dividend YieldsLowe’s Stock Eyes New Highs as Growth, Dividends Drive Gains3 Dividend-Paying Stocks Bucking the Market’s TrendCisco: Tech Dividend Payer With Long Term AI PotentialThese 3 Stocks Just Announced Major Dividend HikesATN International: A Deep Value Play With a High-Powered Dividend3 Dividend ETFs to Maximize Passive IncomeEarnings Miss? Amgen’s Dividend Still a Bright Spot More Dividend News This page (NYSE:RY) was last updated on 3/4/2025 by MarketBeat.com Staff From Our PartnersCollect $7k per month from Tesla’s SECRET dividendTesla doesn't pay a traditional dividend.... But I just discovered a secret backdoor to collect a secret 69...Investors Alley | SponsoredHas Trump finally met his match?Dylan Jovine predicted the 2008 crash over a year before it happened. Folks who listened to him had the chance...Behind the Markets | SponsoredURGENT: This Altcoin Opportunity Won’t Wait – Act NowCrypto has officially entered the "banana zone" – that wild phase where prices can 1000x in days. It happen...Crypto Swap Profits | SponsoredLeaked Trump video exposes his secret stocksTen investments secretly owned by Trump’s biggest backers. Ten investments intrinsically tied to the polici...Porter & Company | SponsoredThree new patents reveal Elon and Trump’s secret “Project America”Right now for a limited time… You can get Tim Bohen’s top 5 Trump stocks for 2025… For only ONE DOLLAR!...Timothy Sykes | Sponsored“Fed Proof” Your Bank Account with THESE 4 Simple StepsStarting as soon as a few months from now, the United States government will make a sweeping change to bank ac...Weiss Ratings | SponsoredDOGE Social Security bombshell?Elon Musk just dropped another bombshell... He revealed his DOGE organization has been taking aim at Social...Altimetry | SponsoredTrump’s Victory Could Spark Major Gains for Gold – Don’t Miss Out This "Patriot's Tax Shield" lets you defend your wealth with real, solid gold. Our exclusive, free wealth pr...American Alternative | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Royal Bank of Canada Please log in to your account or sign up in order to add this asset to your watchlist. Share Royal Bank of Canada With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.