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 raised its dividend payout from CA$1.64 to CA$1.76 per share. This increase reflects the bank's commitment to providing value to its shareholders.
Investor takeaway: The new dividend of CA$1.76 is a significant boost in the bank's quarterly distribution, which could attract investors looking for steady income.
New Dividend Amount: CA$1.76
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Royal Bank of Canada
RY.TO
RY.TO
Royal Bank of Canada
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Market cap
$417.87B
P/E
19.5x
Div. yield
2.12%
Div. / share
$6.36
52W high
$304.55
52W low
$182.99
1W change
+2.04%
Beta
0.93
Analyst Price Targets
Based on analyst covering RY
Wall Street analysts forecast RY stock price to fall 4.0% over the next 12 months.
Consensus
NeutralBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$288.15
-4.0% Upside
Current Price
C$300.09
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
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Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on RY's historical volatility
30-Day Vol
18.3%
Annualized
90-Day Vol
15.4%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$358.76
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$318.49 | C$299.04 โ C$339.21 |
| 60 trading days | C$338.03 | C$309.20 โ C$369.54 |
| 90 trading days | C$358.76 | C$321.66 โ C$400.14 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
This CA$0.12 increase per share from the previous amount of CA$1.64 shows Royal Bank of Canada's consistent growth in shareholder returns.
Dividend Increase Details
The Royal Bank of Canada has raised its quarterly dividend to CA$1.76, effective for the next payment on August 24, 2026. This marks a CA$0.12 rise per share from the previous dividend. The bank has a strong track record, with 11 dividend payments over the last 2.8 years and six increases during that time.
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Context of the Dividend Raise
This dividend increase aligns with Royal Bank of Canada's solid market position and financial performance. With a market cap of about CA$417.87 billion, the bank continues to show resilience and a commitment to returning capital to its shareholders. The new dividend amount is part of the bank's strategy to enhance shareholder value.
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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