Royal Bank of Canada Dividend
Royal Bank of Canada Dividend history 25 years & estimates 2025 to 2026
Dividend Analysis of the Royal Bank of Canada Stock
| Current dividend yield | 7.96 % |
| Dividendenrendite 5 Jahre | 3.35 % |
| Dividend Yield 10Y | 2.41 % |
| Payout 3Y | 6.16 % |
When does Royal Bank of Canada pay a dividend?
Royal Bank of Canada pays the next dividend on Feb 24 2025 (payday). The ex-day is on Jan 27 2025. The Royal Bank of Canada stock dividend is paid 4 times a year. In order to receive a dividend, you should generally own the Royal Bank of Canada stock before the ex-dividend date. The Dividend Calendar shows that the last ex-day dates were January, April, July and October . Dividends from Royal Bank of Canada are distributed via February, May, August and November.
| Year | Dividend | Ex-day & Payday |
Frequency | |
|---|---|---|---|---|
| Fiscal Year | Dividend per Share | Ex-Day | Payday | Payment frequency |
| 2025 |
CAD1.48
Forecast
CAD1.48
Forecast
|
Jan 27 2025
Jan 27 2025
Feb 24 2025
Jan 27 25
Feb 24 25 |
Feb 24 2025 |
quarterly
quarterly
|
| 2024 |
CAD1.42
CAD1.42
|
Oct 24 2024
Oct 24 2024
Nov 22 2024
Oct 24 24
Nov 22 24 |
Nov 22 2024 |
quarterly
quarterly
|
| 2024 |
CAD1.42
CAD1.42
|
Jul 25 2024
Jul 25 2024
Aug 23 2024
Jul 25 24
Aug 23 24 |
Aug 23 2024 |
quarterly
quarterly
|
| 2024 |
CAD1.38
CAD1.38
|
Apr 24 2024
Apr 24 2024
May 24 2024
Apr 24 24
May 24 24 |
May 24 2024 |
quarterly
quarterly
|
| 2024 |
CAD1.38
CAD1.38
|
Jan 24 2024
Jan 24 2024
Feb 23 2024
Jan 24 24
Feb 23 24 |
Feb 23 2024 |
quarterly
quarterly
|
| 2023 |
CAD1.35
CAD1.35
|
Oct 25 2023
Oct 25 2023
Nov 24 2023
Oct 25 23
Nov 24 23 |
Nov 24 2023 |
quarterly
quarterly
|
| 2023 |
CAD1.35
CAD1.35
|
Jul 25 2023
Jul 25 2023
Aug 24 2023
Jul 25 23
Aug 24 23 |
Aug 24 2023 |
quarterly
quarterly
|
| 2023 |
CAD1.32
CAD1.32
|
Apr 24 2023
Apr 24 2023
May 24 2023
Apr 24 23
May 24 23 |
May 24 2023 |
quarterly
quarterly
|
| 2023 |
CAD1.32
CAD1.32
|
Jan 25 2023
Jan 25 2023
Feb 24 2023
Jan 25 23
Feb 24 23 |
Feb 24 2023 |
quarterly
quarterly
|
| 2022 |
CAD1.28
CAD1.28
|
Oct 25 2022
Oct 25 2022
Nov 24 2022
Oct 25 22
Nov 24 22 |
Nov 24 2022 |
quarterly
quarterly
|
How much dividend does Royal Bank of Canada pay?
Royal Bank of Canada most recently paid a dividend of CAD1.42. Royal Bank of Canada paid a Dividend of CAD5.60 Per Share in the financial year 2024. With a stock price of CAD174.36 at Dec 27 2024, the current dividend yield is 3.21% (calculation: CAD5.60 / CAD174.36 = 3.21%). No special dividend was paid.
What is the Royal Bank of Canada Dividend Yield and payout ratio?
The average Royal Bank of Canada dividend yield over the last 5 years is 3.97% and the average over the last 10 years is 3.95%.
The payout ratio of Royal Bank of Canada in relation to the last financial year is 49.69%. The payout ratio smoothed over 3 years is 48.65%. The calculation is based on the sum of all dividend payments divided by the cumulative earnings per share(EPS).
| Metric | Royal Bank of Canada |
|---|---|
| Current dividend yield | 3.21% |
| Dividend Yield 5Y | 3.97% |
| Dividend Yield 10Y | 3.95% |
| Payout 1Y | 49.69% |
| Payout 3Y | 48.65% |
Is the Royal Bank of Canada dividend safe? Continuity & Dividend Growth
Is the Royal Bank of Canada dividend safe?
Royal Bank of Canada has been paying a dividend for 25 years and has not lowered the dividend for 25 years (dividend continuity). As a result, the dividend was recently increased 14-times.
The Dividend Growth in relation to the previous financial year amounts to 4.87%. The average Royal Bank of Canada Dividend Growth over the last 5 years is 6.59%. The average for the last 10 years is 7.03%.
| Metric | Royal Bank of Canada |
|---|---|
| Increased | 14 Years |
| Continuity | 25 Years |
| Paid | 25 Years |
| Growth 1Y | 4.87% |
| Growth 5Y | 6.59% |
| Growth 10Y | 7.03% |
Continuity
Royal Bank of Canada has been paying a dividend for 25 years and has not lowered the dividend for 25 years (dividend continuity). As a result, the dividend was recently increased 14-times.
Dividend Growth
The Dividend Growth in relation to the previous financial year amounts to 4.87%. The average Royal Bank of Canada Dividend Growth over the last 5 years is 6.59%. The average for the last 10 years is 7.03%.
Royal Bank of Canada Stock Forecast 2024
On the stock exchange, the Royal Bank of Canada stock (ISIN: CA7800871021) is traded at December 2024 as a Top Scorer according to the dividend strategy.
The stock price of Royal Bank of Canada 30.12% has risen since the beginning of the year 2024. However, the return generated in the past says nothing about the future return. You can find the Royal Bank of Canada stock price in real time at the top of the page.
Royal Bank of Canada (symbol: RY) is valued at a Price / Earnings Ratio (P/E ratio) of 15.48 and a price/sales ratio (P/S ratio) of 1.85 valued. Based on analyst estimates, the Royal Bank of Canada stock forecast 2024 of the current financial year corresponds to a valuation of 13.86 according to P/E ratio and 3.97 according to P/S.
| Metric | Royal Bank of Canada |
|---|---|
| Dividend Score | ??/15 |
| Performance 2024 |
30.12%
|
| P/E TTM | 15.48 |
| P/S TTM | 1.85 |
| P/E forward | 13.86 |
| P/S forward | 3.97 |
Royal Bank of Canada (symbol: RY) is valued at a Price / Earnings Ratio (P/E ratio) of 15.48 and a price/sales ratio (P/S ratio) of 1.85 valued. Based on analyst estimates, the Royal Bank of Canada stock forecast 2024 of the current financial year corresponds to a valuation of 13.86 according to P/E ratio and 3.97 according to P/S.
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