Royal Bank Of Canada (RY) dividend history and yield
Dividend summary
- Frequency
- Quarterly
- Trailing 12 months
- $4.76
- Forward yield
- 2.46%
- Payout ratio
- 40.8%
- Growth streak
- 5 years
Royal Bank of Canada pays quarterly dividends. The bank declared a quarterly dividend of $1.76 per share, payable on November 24, 2026, to shareholders of record as of the October 26, 2026 ex-date. Trailing-12-month payments total $4.7629 per share, offering a dividend yield of 2.5% at a share price of $190.27. Royal Bank of Canada maintains a 5-year dividend growth streak.
Annual dividend totals for complete calendar years demonstrate steady multi-year growth. Annual payouts totaled $3.22 per share in 2020, $3.45 in 2021, $3.86 in 2022, $3.93 in 2023, $4.13 in 2024, and $4.26 in 2025. While individual quarterly amounts fluctuate slightly between quarters, annual totals have increased every complete year in the record.
The declared October 2026 payment of $1.76 per share represents a step up from $1.27 in July 2026, $1.20 in April 2026, and $1.18 in January 2026. Prior quarterly payments in 2025 were $1.12 in October, $1.07 in July, $1.02 in April, and $1.05 in January. If the bank maintains its regular schedule, the subsequent dividend would have an ex-dividend date in late January 2027.
Dividend per share by year
Dividend history
| Declared | Ex-dividend date | Pay date | Amount |
|---|---|---|---|
| Aug 26, 2026 | Oct 26, 2026 | Nov 24, 2026 | $1.76 |
| May 27, 2026 | Jul 27, 2026 | Aug 24, 2026 | $1.27 |
| Feb 25, 2026 | Apr 23, 2026 | May 22, 2026 | $1.20 |
| Dec 3, 2025 | Jan 26, 2026 | Feb 24, 2026 | $1.18 |
| Aug 27, 2025 | Oct 27, 2025 | Nov 24, 2025 | $1.12 |
| May 29, 2025 | Jul 24, 2025 | Aug 22, 2025 | $1.07 |
| Feb 27, 2025 | Apr 24, 2025 | May 23, 2025 | $1.02 |
| Dec 4, 2024 | Jan 27, 2025 | Feb 24, 2025 | $1.05 |
| Aug 28, 2024 | Oct 24, 2024 | Nov 22, 2024 | $1.05 |
| May 30, 2024 | Jul 25, 2024 | Aug 23, 2024 | $1.04 |
| Feb 28, 2024 | Apr 24, 2024 | May 24, 2024 | $1.02 |
| Nov 30, 2023 | Jan 24, 2024 | Feb 23, 2024 | $1.02 |
| Aug 24, 2023 | Oct 25, 2023 | Nov 24, 2023 | $1.00 |
| May 25, 2023 | Jul 25, 2023 | Aug 24, 2023 | $0.99 |
| Mar 1, 2023 | Apr 24, 2023 | May 24, 2023 | $0.97 |
| Nov 30, 2022 | Jan 25, 2023 | Feb 24, 2023 | $0.98 |
| Aug 24, 2022 | Oct 25, 2022 | Nov 24, 2022 | $0.99 |
| May 26, 2022 | Jul 25, 2022 | Aug 24, 2022 | $1.00 |
| Feb 24, 2022 | Apr 22, 2022 | May 24, 2022 | $0.93 |
| Dec 1, 2021 | Jan 25, 2022 | Feb 24, 2022 | $0.94 |
Frequently asked questions
Does Royal Bank Of Canada (RY) pay a dividend?
Yes. Royal Bank Of Canada pays a quarterly dividend; the most recent payment was $1.76 per share.
What is RY's dividend yield?
Royal Bank Of Canada paid $4.76 per share over the trailing twelve months, a yield of 2.46% at the last price of $193.82. Click here to learn more
When is RY's next ex-dividend date?
Royal Bank Of Canada's next ex-dividend date is Oct 26, 2026, payable on Nov 24, 2026.
What is the difference between ex and payment dates?
An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. Click here to learn more
Has RY been raising its dividend?
Yes — Royal Bank Of Canada has increased its dividend for 5 consecutive calendar years.
Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.