RY Dividend History & Yield

Royal Bank of Canada · NYSE

Stock Financial Services Quarterly payer Dividend growthFinancialInternational
$209.00
-0.76% today
as of Sep 8, 2026
TTM yield
1.17%
$2.449/share over the last 12 months
Forward yield
2.39%
$4.996/share indicated annual rate
Annual dividend
$4.996
per share, forward
Per payment
$1.249
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Oct 26, 2026 Declared
in 48 days
Next pay date
Nov 24, 2026
in 77 days
Last ex-dividend date
Jul 27, 2026
$1.249 per share
Payout ratio
41%
of earnings
Market cap
289.3B
P/E 18.2
5y dividend CAGR
-6.3%
annualised, regular payments
Growth streak
10 yrs
consecutive annual raises
Years paying
30.1
since Jul 22, 1996
1y total return
+45.5%
price +43.8% + dividends 1.7%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Mon, Oct 26, 2026 (in 48 days) Nov 24, 2026 $1.249 $124.90 Declared
Mon, Jan 25, 2027 (in 139 days) Feb 8, 2027 $1.249 $124.90 Estimated
Mon, Apr 26, 2027 (in 230 days) May 10, 2027 $1.249 $124.90 Estimated
Mon, Jul 26, 2027 (in 321 days) Aug 9, 2027 $1.249 $124.90 Estimated

Estimated dates and amounts are projected from RY's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $4.996 per share.

Dividend payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from Jan 22, 2016 to Jul 27, 2026; most recent $1.249$0.00$0.75$1.50Jan 22, 2016: $0.554Jan '16Apr 21, 2016: $0.64Jul 22, 2016: $0.619Oct 24, 2016: $0.623Jan 24, 2017: $0.627Apr 21, 2017: $0.646Apr '17Jul 24, 2017: $0.694Jan 24, 2018: $0.733Apr 24, 2018: $0.732Jul 25, 2018: $0.714Oct 24, 2018: $0.749Oct '18Jan 23, 2019: $0.734Apr 24, 2019: $0.76Jul 24, 2019: $0.776Oct 23, 2019: $0.802Jan 24, 2020: $0.80Jan '20Apr 22, 2020: $0.76Jul 24, 2020: $0.805Oct 23, 2020: $0.822Jan 25, 2021: $0.848Apr 21, 2021: $0.857Apr '21Jul 23, 2021: $0.86Oct 25, 2021: $0.874Jan 25, 2022: $0.95Apr 22, 2022: $0.954Jul 25, 2022: $0.991Jul '22Oct 25, 2022: $0.934Jan 25, 2023: $0.988Apr 24, 2023: $0.975Jul 25, 2023: $1.025Oct 25, 2023: $0.983Oct '23Jan 24, 2024: $1.025Apr 24, 2024: $1.01Jul 25, 2024: $1.029Oct 24, 2024: $1.026Jan 27, 2025: $1.032Jan '25Apr 24, 2025: $1.066Jul 24, 2025: $1.132Apr 23, 2026: $1.20Jul 27, 2026: $1.249

Annual dividends per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$2.50$5.002017: $1.967$1.96720172018: $2.928$2.92820182019: $3.072$3.07220192020: $3.187$3.18720202021: $3.439$3.43920212022: $3.829$3.82920222023: $3.971$3.97120232024: $4.09$4.0920242025: $3.23$3.2320252026 (YTD): $2.449$2.4492026 YTD

How much RY do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month241$50,200$1,200
$500 / month1,201$251,001$6,000
$1,000 / month2,402$502,002$12,000

Based on the forward yield of 2.39%. $10,000 in RY would currently pay about $239 a year ($20 a month on average). Model reinvestment and growth →

RY dividend history

Show all 118 payments
Ex-datePay dateAmountChange
Jul 27, 2026 $1.249 +4.1%
Apr 23, 2026 $1.20 +6.0%
Jul 24, 2025 $1.132 +6.2%
Apr 24, 2025 $1.066 +3.3%
Jan 27, 2025 $1.032 +0.6%
Oct 24, 2024 $1.026 -0.3%
Jul 25, 2024 $1.029 +1.9%
Apr 24, 2024 $1.01 -1.5%
Jan 24, 2024 $1.025 +4.3%
Oct 25, 2023 $0.983 -4.1%
Jul 25, 2023 $1.025 +5.1%
Apr 24, 2023 $0.975 -1.3%
Jan 25, 2023 $0.988 +5.8%
Oct 25, 2022 $0.934 -5.8%
Jul 25, 2022 $0.991 +3.9%
Apr 22, 2022 $0.954 +0.4%
Jan 25, 2022 $0.95 +8.7%
Oct 25, 2021 $0.874 +1.6%
Jul 23, 2021 $0.86 +0.4%
Apr 21, 2021 $0.857 +1.1%
Jan 25, 2021 $0.848 +3.2%
Oct 23, 2020 $0.822 +2.1%
Jul 24, 2020 $0.805 +5.9%
Apr 22, 2020 $0.76 -5.0%

Payout risk check

Yield-trap heuristicLow risk

RY scores 0/100 on our yield-trap heuristic (low risk).

No warning flags: the payout ratio, yield level, 5-year cut history and price trend all look ordinary.

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About Royal Bank of Canada

Royal Bank of Canada operates as a diversified financial service company worldwide. Its Personal Banking segment offers home equity financing, personal lending, chequing and savings accounts, private banking, auto financing, mutual funds, GICs, credit cards, and payment products and solutions. The company's Commercial Banking segments provides lending, deposit and transaction banking products and services. Its Wealth Management segment provides a suite of wealth, investment, trust, banking, credit, and other solutions to clients; asset management products to institutional and individual clients; and asset and investor services to financial institutions, asset managers, and asset owners.

Sector: Financial Services. Industry: Banks - Diversified. First dividend on our records: Jul 22, 1996. 118 payments tracked.

RY dividend FAQ

When is RY's next ex-dividend date?

RY's next ex-dividend date is Oct 26, 2026 (in 48 days, declared by the company). You must own the shares before that date to receive the payment of about $1.249 per share, expected on Nov 24, 2026.

How often does RY pay dividends?

RY pays dividends every quarter, 4 times a year. The most recent payment was $1.249 per share with an ex-date of Jul 27, 2026.

What is RY's dividend yield?

RY's trailing 12-month dividend yield is 1.17%, based on $2.449 per share paid over the last year and a share price of $209.00. The forward yield, using the indicated annual rate of $4.996 per share, is 2.39%.

How much does RY pay per share?

RY pays about $1.249 per share each quarter, which works out to roughly $4.996 per share a year. 100 shares would collect about $499.60 a year.

Has RY grown or cut its dividend?

RY has raised its annual dividend for 10 consecutive years. Over the last 5 years the regular payout has shrunk at 6.3% a year (-42.5% over the last year). There has been no cut to a regular payment in the last 5 years.

How many shares of RY do I need to earn $100 a month?

At the current forward yield of 2.39%, you would need about 241 shares of RY (roughly $50,200 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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