RY — Royal Bank of Canada
Dividend Grades
vs Financial Services sector| Metric | RY | Sector Median |
|---|---|---|
| Dividend Yield | 3.89% | 3.27% |
| Dividend Growth (5Y) | 7.08% | 5.31% |
| Payout Ratio | — | 36.0% |
| Consecutive Years Paid | 24 | 13 |
| 1Y Total Return | +44.0% | 8.8% |
Grades compare this stock to Financial Services sector peers using percentile ranks. A+ = top 10%, F = bottom 10%. See methodology →
1-Year Growth
7.86%
3-Year Growth
6.79%
5-Year Growth
7.08%
10-Year Growth
7.51%
Key Dividend Dates
Next Ex-Date
Apr 23, 2026
Next Payment
May 22, 2026
Last Ex-Date
Jan 26, 2026
Last Payment
Feb 24, 2026
Dividend History
| Ex-Date | Amount | Change |
|---|---|---|
| Apr 23, 2026 | $1.6400 | 0.00% |
| Jan 26, 2026 | $1.6400 | +6.49% |
| Oct 27, 2025 | $1.5400 | 0.00% |
| Jul 24, 2025 | $1.5400 | +4.05% |
| Apr 24, 2025 | $1.4800 | 0.00% |
| Jan 27, 2025 | $1.4800 | +4.23% |
| Oct 24, 2024 | $1.4200 | 0.00% |
| Jul 25, 2024 | $1.4200 | +2.90% |
| Apr 24, 2024 | $1.3800 | 0.00% |
| Jan 24, 2024 | $1.3800 | +2.22% |
| Oct 25, 2023 | $1.3500 | 0.00% |
| Jul 25, 2023 | $1.3500 | +2.27% |
| Apr 24, 2023 | $1.3200 | 0.00% |
| Jan 25, 2023 | $1.3200 | +3.13% |
| Oct 25, 2022 | $1.2800 | 0.00% |
| Jul 25, 2022 | $1.2800 | +6.67% |
| Apr 22, 2022 | $1.2000 | 0.00% |
| Jan 25, 2022 | $1.2000 | +11.11% |
| Oct 25, 2021 | $1.0800 | 0.00% |
| Jul 23, 2021 | $1.0800 | 0.00% |
Payout Ratio (Earnings)
N/A
FCF Payout Ratio
N/A
Peer Comparison
Frequently Asked Questions
Does Royal Bank of Canada pay a dividend?
Yes, Royal Bank of Canada (RY) pays a quarterly dividend with a yield of 3.89%.
What is RY's dividend yield?
RY's current dividend yield is 3.89%. The annual dividend is $6.20.
When is RY's next ex-dividend date?
RY's next ex-dividend date is Apr 23, 2026.
How many years has Royal Bank of Canada increased its dividend?
Royal Bank of Canada has increased its dividend for 16 consecutive years.
Compare RY:
About this data
Dividend data sourced from Financial Modeling Prep. Prices updated daily after market close.
Payout ratio — trailing 12-month dividends paid / trailing 12-month net income.
Consecutive years — calendar years with a higher total annual dividend than the prior year.
Growth rates — annualized, comparing the most recent full year total to the total N years prior.
For informational purposes only. Not investment advice.
Data as of March 22, 2026. Source: Financial Modeling Prep. Prices and yields updated daily after market close.