Dividend history
Royal Bank of Canada
RY.TO
Recent payments
$1.7600CAD
Ex: Jul 27, 2026
Pay: Aug 24
$1.6400CAD
Ex: Apr 23, 2026
$1.5400CAD
Ex: Oct 27, 2025
$1.5400CAD
Ex: Jul 24, 2025
Pay: Aug 22
$1.4800CAD
Ex: Apr 24, 2025
Pay: May 23
$1.4800CAD
Ex: Jan 27, 2025
Pay: Feb 24
$1.4200CAD
Ex: Oct 24, 2024
Pay: Nov 22
$1.4200CAD
Ex: Jul 25, 2024
Pay: Aug 23
$1.3800CAD
Ex: Apr 24, 2024
Pay: May 24
$1.3800CAD
Ex: Jan 24, 2024
Pay: Feb 23
Royal Bank of Canada (RY.TO) has shown a strong commitment to returning value to its shareholders through consistent dividend payments. Over the past 2.8 years, the bank has raised its dividend six times, demonstrating a solid track record. The latest increase came in May 2026, when the bank announced a quarterly dividend of CA$1.76 per share, up from CA$1.64. This reflects the bank's dedication to providing returns to its investors.
Investor takeaway: For Canadian retail investors, the regular dividend increases from Royal Bank of Canada can be an appealing option for those looking to build a dividend-focused portfolio, especially in registered accounts like TFSA or RRSP.
6 Dividend Raises in 2.8 Years
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Royal Bank of Canada
RY.TO
RY.TO
Royal Bank of Canada
WealthAwesomeMarket cap
$411.70B
P/E
19.3x
Div. yield
2.12%
Div. / share
$6.36
52W high
$304.55
52W low
$183.45
1W change
-3.58%
Beta
0.93
Analyst Price Targets
Based on analyst covering RY
Wall Street analysts forecast RY stock price to rise 0.4% over the next 12 months.
Consensus
NeutralBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$288.15
+0.4% Upside
Current Price
C$286.92
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on RY's historical volatility
30-Day Vol
20.2%
Annualized
90-Day Vol
16.6%
Annualized
Trend (90d)
+34.7%
Annualized drift
90d Mean
C$324.81
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$299.03 | C$278.85 – C$320.67 |
| 60 trading days | C$311.65 | C$282.33 – C$344.02 |
| 90 trading days | C$324.81 | C$287.79 – C$366.59 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
In just 2.8 years, Royal Bank of Canada has successfully increased its dividend six times, highlighting its reliability in delivering shareholder returns.
Recent Dividend Increase
On May 27, 2026, Royal Bank of Canada announced its most recent dividend increase, declaring a quarterly dividend of CA$1.76. This is an increase from the previous dividend of CA$1.64, showcasing the bank's ongoing financial strength and commitment to returning value to its shareholders.
Payment and Ex-Dividend Dates
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The ex-dividend date for this latest dividend was July 27, 2026, with the payment date set for August 24, 2026. Investors who held shares before the ex-dividend date will receive the new dividend amount, further emphasizing the bank's reliability in maintaining a consistent payment schedule.
Dividend Payment History
In the past 2.8 years, Royal Bank of Canada has made 11 dividend payments, including six increases. This history reinforces the bank's commitment to providing a steady income stream for its shareholders, making it a notable player in the Canadian financial sector.
Dividend calendar
| Ticker | RY.TO |
| Amount | CA$1.76 |
| Ex-dividend | 2026-07-27 |
| Record | 2026-07-27 |
| Payment | 2026-08-24 |
| Declared | 2026-05-27 |
| Trailing yield | 2.12% |
| Stock page | RY.TO dividend history |
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