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
What Ex-Dividend Means for Investors
Royal Bank of Canada (RY.TO) went ex-dividend on July 27, 2026. This means if you bought shares on or after this date, you won’t receive the upcoming dividend payment. The declared dividend is CA$1.76 CAD, which will be paid on August 24, 2026, to shareholders who were on record as of the ex-dividend date.
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Royal Bank of Canada
RY.TO
RY.TO
Royal Bank of Canada
WealthAwesomeMarket cap
$416.06B
P/E
19.5x
Div. yield
2.15%
Div. / share
$6.36
52W high
$304.55
52W low
$170.77
1W change
-2.55%
Beta
0.93
Analyst Price Targets
Based on analyst covering RY
Wall Street analysts forecast RY stock price to fall 5.7% 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
-5.7% Upside
Current Price
C$290.34
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
18.1%
Annualized
90-Day Vol
15.9%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$347.10
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$308.15 | C$289.46 – C$328.04 |
| 60 trading days | C$327.05 | C$299.36 – C$357.30 |
| 90 trading days | C$347.10 | C$311.46 – C$386.82 |
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: If you held Royal Bank of Canada shares before the ex-dividend date, this dividend is a return on your investment. Those who purchased shares after July 27 won’t benefit from this payment, as only shareholders recorded on that date are eligible for the dividend.
Dividend Details
The Royal Bank of Canada has a market cap of CA$416.06 billion and a trailing yield of 2.15%. This recent dividend payment continues their commitment to returning value to shareholders, with a history of 11 payments and 6 increases over the past 2.8 years.
Understanding Ex-Dividend
The term 'ex-dividend' means that a stock is trading without the value of its next dividend payment. When Royal Bank of Canada went ex-dividend on July 27, 2026, it set a cutoff date for dividend eligibility. Only those who owned shares before this date can receive the upcoming dividend. This is a standard practice in the stock market to ensure that only shareholders who hold the stock through the record date benefit from the dividend.
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Dividend Payment Timeline
After the ex-dividend date, Royal Bank of Canada will pay the declared dividend of CA$1.76 CAD on August 24, 2026. Investors who held shares as of the record date, which is the same as the ex-dividend date, will receive this payment. The bank has a strong history of consistent dividend payments, with 11 payments recorded over about 2.8 years, showing its commitment to returning value to shareholders.
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 | 2.15% |
| 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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