RY Dividend
Royal Bank of Canada
NYSEFinancial ServicesStockData as of
- Dividend yield
- 2.35%
- Annual dividend
- $4.74
- Payout ratio
- 0.42
- Frequency
- Quarterly
- Share price
- $201.98
- Market cap
- $281B
Next payment
Ex-dividend date: Pay date: Amount: $1.2718
You must own the shares before the ex-dividend date to receive this payment.
Is RY a good dividend stock?
What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.
- Yield is below the market median2.35% against a median of 2.92%. A lower yield is common among companies that reinvest more of their earnings or whose shares have risen.
- Dividend is comfortably coveredA payout ratio of 0.42 means roughly 42% of earnings go to the dividend, leaving room to keep paying through a weaker year.
- Dividend has been cut 5 timesAcross 37 complete years, the annual total fell in 1994, 2009, 2015 and earlier. The most recent reduction was in 2015.
- Raised for 10 consecutive yearsA long record of increases suggests both the cash generation to fund them and a management commitment to maintaining them. This figure is derived from payment history and is approximate.
RY dividend history
Annual dividend per share, 1989 to 2025.
Recent dividend payments
| Ex-dividend date | Pay date | Amount | Type |
|---|---|---|---|
| $1.2472 | Quarterly | ||
| $1.1986 | Quarterly | ||
| $1.1988 | Quarterly | ||
| $1.1002 | Quarterly | ||
| $1.1286 | Quarterly | ||
| $1.0655 | Quarterly | ||
| $1.0295 | Quarterly | ||
| $1.0248 | Quarterly | ||
| $1.0267 | Quarterly | ||
| $1.0068 | Quarterly | ||
| $1.0201 | Quarterly | ||
| $0.9782 | Quarterly | ||
| $1.0245 | Quarterly | ||
| $0.9745 | Quarterly | ||
| $0.9856 | Quarterly | ||
| $0.9398 | Quarterly | ||
| $0.9960 | Quarterly | ||
| $0.9434 | Quarterly | ||
| $0.9494 | Quarterly | ||
| $0.8721 | Quarterly | ||
| $0.8579 | Quarterly | ||
| $0.8651 | Quarterly | ||
| $0.8473 | Quarterly | ||
| $0.8212 | Quarterly | ||
| $0.8058 | Quarterly | ||
| $0.7631 | Quarterly | ||
| $0.7991 | Quarterly | ||
| $0.8018 | Quarterly | ||
| $0.7768 | Quarterly | ||
| $0.7565 | Quarterly | ||
| $0.7338 | Quarterly | ||
| $0.7532 | Quarterly | ||
| $0.7163 | Quarterly | ||
| $0.7328 | Quarterly | ||
| $0.7370 | Quarterly | ||
| $0.7117 | Quarterly | ||
| $0.6957 | Quarterly | ||
| $0.6437 | Quarterly | ||
| $0.6307 | Quarterly | ||
| $0.6199 | Quarterly |
How much would RY pay you?
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Other financial services dividend stocks
Closest to RY on yield.
Frequently asked questions
- Does RY pay a dividend?
- Yes. Royal Bank of Canada pays a quarterly dividend, currently yielding 2.35% based on trailing twelve-month payments of $4.74 per share.
- How much does RY pay in dividends?
- $4.74 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.
- When is the next RY ex-dividend date?
- The next ex-dividend date on record is October 26, 2026, with payment on November 24, 2026. You must own the shares before the ex-dividend date to receive that payment.