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 has increased its dividend payment.
Royal Bank of Canada (RY.TO) has raised its quarterly dividend from CA$1.64 to CA$1.76. This change shows the bank's commitment to providing value to its shareholders.
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Royal Bank of Canada
RY.TO
RY.TO
Royal Bank of Canada
WealthAwesomeMarket cap
$411.49B
P/E
19.3x
Div. yield
2.17%
Div. / share
$6.36
52W high
$304.55
52W low
$170.77
1W change
+0.56%
Beta
0.93
Analyst Price Targets
Based on analyst covering RY
Wall Street analysts forecast RY stock price to fall 8.5% over the next 12 months.
Consensus
Moderately BearishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$273.88
-8.5% Upside
Current Price
C$299.40
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
15.6%
Annualized
90-Day Vol
15.0%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$357.94
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$317.76 | C$301.07 – C$335.38 |
| 60 trading days | C$337.25 | C$312.48 – C$363.99 |
| 90 trading days | C$357.94 | C$326.00 – C$393.00 |
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.
Investor takeaway: The new dividend of CA$1.76 is a 7.32% increase over the previous amount of CA$1.64. This marks the sixth increase in the last 2.8 years.
Dividend Raised by 7.32%
The jump from CA$1.64 to CA$1.76 reflects Royal Bank of Canada's strong performance and dedication to its shareholders.
Dividend Details
The Royal Bank of Canada has officially raised its quarterly dividend to CA$1.76, effective for the next payment cycle. The ex-dividend date is July 27, 2026, and the payment date is set for August 24, 2026. This increase from CA$1.64 highlights the bank's solid financial health and focus on returning value to shareholders.
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Historical Context
In the past 2.8 years, Royal Bank of Canada has made 11 dividend payments, with six of those being increases. This consistent pattern of raising dividends shows the bank's commitment to providing value to its investors, especially for those holding shares in registered accounts like TFSA or RRSP.
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 | 2.17% |
| Stock page | RY.TO dividend history |
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Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
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