Royal Bank of Canada (RY) Dividend Yield, Date & History $120.46 +0.38 (+0.32%) As of 01/17/2025 03:59 PM Eastern This is a fair market value 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 Yield3.49%Annual Dividend$4.20Next Dividend Payment Feb. 24 Dividend Increase Track Record 15 YearsAnnualized 3-Year Dividend Growth 9.04%Dividend Payout Ratio 50.85% Royal Bank of Canada (RY) pays an annual dividend of $4.20 per share, with a dividend yield of 3.49%. The next quarterly payment of $1.0522 per share is scheduled for Monday, February 24, to investors who own the stock before the ex-dividend date of Monday, January 27. RY has grown its dividend for 15 consecutive years, with an average annual increase of 2.93%. The company currently pays out 50.85% of its earnings and 39.57% 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$4.20$0.02$1.58Dividend Yield3.49%5.84%3.71%Annualized 3-Year Dividend Growth9.04%12.30%12.26%Track Record15 years18 years25 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 Earnings50.85%Based on This Year's Estimate45.65%Based on Next Year's Estimate41.42%Based on Cashflow39.57% 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 Date12/5/2024quarterly$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%4/24/20244/25/20245/24/202412/1/2023quarterly$1.0155-$0.00350.34%4.5%1/24/20241/25/20242/23/2024 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. 8/24/2023Quarterly$1.0190+$0.02302.31%4.51%10/25/202310/26/202311/24/20235/25/2023Quarterly$0.9960+$0.00400.40%4.47%7/25/20237/26/20238/24/20233/1/2023Quarterly$0.9920+$0.00880.89%4.04%4/24/20234/25/20235/24/2023This 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 3.49%. 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 $4.20. 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 $1.0522 per share will be made to shareholders on Monday, February 24, 2025. When was Royal Bank of Canada's most recent dividend payment? Royal Bank of Canada's most recent quarterly dividend payment of $1.0280 per share was made to shareholders on Friday, November 22, 2024. When is Royal Bank of Canada's ex-dividend date? Royal Bank of Canada's next ex-dividend date is Monday, January 27, 2025. When was Royal Bank of Canada's most recent ex-dividend date? Royal Bank of Canada's most recent ex-dividend date was Thursday, October 24, 2024. Is Royal Bank of Canada's dividend growing? Over the past three years, the company's dividend has grown by an average of 9.04% 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 15 consecutive years. When did Royal Bank of Canada last increase or decrease its dividend? The most recent change in the company's dividend was an increase of $0.0242 on Thursday, December 5, 2024. What is Royal Bank of Canada's dividend payout ratio? The dividend payout ratio for RY is: 50.85% based on the trailing year of earnings 45.65% based on this year's estimates 41.42% based on next year's estimates 39.57% based on cash flow Is Royal Bank of Canada a good dividend stock? Royal Bank of Canada's dividend yield of 3.55% is lower than the average Finance company that issues a dividend. The company's 15 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 50.85% 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. 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