RY Dividend History & Analysis | 3.2% Yield

RY has a dividend yield of 3.2% and paid 5.63 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 3.17%
Payout Ratio 29.9%
Growth Rate CAGR 5y 5.49%
Consistency Lifetime 99.4%
Yield on Cost 5y 7.32%
Payout FCF 31.7%
Streak Years 10
Dividend Rating 66.06%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.

Top Dividend Payers in Diversified Banks

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
BAMI 23,224 M 9.86% 98.2%
CIB 17,113 M 20.1% 41.9%
SAB 17,229 M 7.21% 57.9%
BBVA 116,129 M 5.41% 40.0%
ISP 102,528 M 6.94% 35.8%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
BMPS 24,633 M 244% 34.6%
BAP 26,554 M 99.2% 83.3%
BAMI 23,224 M 105% 49.1%
CABK 78,882 M 103% 83.2%
UNI 7,202 M 83.5% 78.3%

Quality Dividend Peers in Diversified Banks

BBVA
BBVA
BAP
Credicorp
5.69% Yield
CABK
Caixabank
5.04% Yield
SMFG
Sumitomo Mitsui
3.26% Yield
NTB
Bank of N.T.
4.26% Yield

RY Dividend History: Last 50 Payments (USD) as of March 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2026-04-23 2026-04-23 2026-05-22 Quarterly 1.1984 2% N/A
2026-01-26 2026-01-26 2026-02-24 Quarterly 1.1748 6.1% 0.7%
2025-10-27 2025-10-27 2025-11-24 Quarterly 1.1067 -1.6% 0.75%
2025-07-24 2025-07-24 2025-08-22 Quarterly 1.125 9.7% 0.85%
2025-04-24 2025-04-24 2025-05-23 Quarterly 1.0251 -2.8% 0.87%
2025-01-27 2025-01-27 2025-02-24 Quarterly 1.0545 2.8% 0.87%
2024-10-24 2024-10-24 2024-11-22 Quarterly 1.0255 -0.4% 0.83%
2024-07-25 2024-07-25 2024-08-23 Quarterly 1.0298 2% 0.95%
2024-04-24 2024-04-25 2024-05-24 Quarterly 1.0096 -1.4% 1.02%
2024-01-24 2024-01-25 2024-02-23 Quarterly 1.0236 2.8% 1.04%
2023-10-25 2023-10-26 2023-11-24 Quarterly 0.9959 -2.8% 1.27%
2023-07-25 2023-07-26 2023-08-24 Quarterly 1.0245 5.1% 1.03%
2023-04-24 2023-04-25 2023-05-24 Quarterly 0.975 -0.8% 0.98%
2023-01-25 2023-01-26 2023-02-24 Quarterly 0.9832 1.1% 0.98%
2022-10-25 2022-10-26 2022-11-24 Quarterly 0.9723 -2.5% 1.09%
2022-07-25 2022-07-26 2022-08-24 Quarterly 0.9972 3.9% 1.04%
2022-04-22 2022-04-25 2022-05-24 Quarterly 0.9598 1.3% 0.89%
2022-01-25 2022-01-26 2022-02-24 Quarterly 0.9476 8.4% 0.85%
2021-10-25 2021-10-26 2021-11-24 Quarterly 0.8742 -2.1% 0.82%
2021-07-23 2021-07-26 2021-08-24 Quarterly 0.8928 3.2% 0.9%
2021-04-21 2021-04-22 2021-05-21 Quarterly 0.8651 1.9% 0.95%
2021-01-25 2021-01-26 2021-02-24 Quarterly 0.8493 3.4% N/A
2020-10-23 2020-10-26 2020-11-24 Quarterly 0.8213 4.6% N/A
2020-07-24 2020-07-27 2020-08-24 Quarterly 0.7854 3.3% N/A
2020-04-22 2020-04-23 2020-05-22 Quarterly 0.7605 -4.8% N/A
2020-01-24 2020-01-27 2020-02-24 Quarterly 0.7987 -0.4% N/A
2019-10-23 2019-10-24 2019-11-22 Quarterly 0.8021 3.3% N/A
2019-07-24 2019-07-25 2019-08-23 Quarterly 0.7768 2.7% N/A
2019-04-24 2019-04-25 2019-05-24 Quarterly 0.7565 3.1% N/A
2019-01-23 2019-01-24 2019-02-22 Quarterly 0.7338 -2.6% N/A
2018-10-24 2018-10-25 2018-11-23 Quarterly 0.7532 5.2% N/A
2018-07-25 2018-07-26 2018-08-24 Quarterly 0.7163 -2.3% N/A
2018-04-24 2018-04-25 2018-05-24 Quarterly 0.7328 -0.6% N/A
2018-01-24 2018-01-25 2018-02-23 Quarterly 0.737 3.6% N/A
2017-10-25 2017-10-26 2017-11-24 Quarterly 0.7117 2.3% N/A
2017-07-24 2017-07-26 2017-08-24 Quarterly 0.6957 8.1% N/A
2017-04-21 2017-04-25 2017-05-24 Quarterly 0.6437 2.1% N/A
2017-01-24 2017-01-26 2017-02-24 Quarterly 0.6307 1.5% N/A
2016-10-24 2016-10-26 2016-11-24 Quarterly 0.6216 1.1% N/A
2016-07-22 2016-07-26 2016-08-24 Quarterly 0.6151 -3.5% N/A
2016-04-21 2016-04-25 2016-05-24 Quarterly 0.6373 14% N/A
2016-01-22 2016-01-26 2016-02-24 Quarterly 0.559 -7.2% N/A
2015-10-22 2015-10-26 2015-11-24 Quarterly 0.6026 1.7% N/A
2015-07-23 2015-07-27 2015-08-24 Quarterly 0.5926 -5.6% N/A
2015-04-21 2015-04-23 2015-05-22 Quarterly 0.6274 3.2% N/A
2015-01-22 2015-01-26 2015-02-24 Quarterly 0.6083 -8.8% N/A
2014-10-23 2014-10-27 2014-11-24 Quarterly 0.6669 1% N/A
2014-07-22 2014-07-24 2014-08-22 Quarterly 0.6605 2.7% N/A
2014-04-22 2014-04-24 2014-05-23 Quarterly 0.6433 6.8% N/A
2014-01-23 2014-01-27 2014-02-24 Quarterly 0.6022 0% N/A

RY Dividend FAQ

Royal Bank of Canada (NYSE: RY) is a globally diversified financial services firm offering personal banking, commercial banking, wealth management, insurance, and capital markets solutions. Its Personal Banking arm handles everything from home equity loans and credit cards to GICs and mutual funds, while Commercial Banking focuses on lending, deposits, and transaction services for businesses. Wealth Management delivers investment, trust, and advisory services to both institutional and individual clients, and the Insurance segment provides life, health, travel, and property-casualty products through digital platforms and broker networks. The Capital Markets division supplies advisory, origination, sales-trading, and financing services to corporations, governments, and asset managers.

What is the Dividend Yield of RY?

As of March 2026, RY`s dividend yield is 3.17%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 5.63 USD by the current share price of 159.20.

Does RY pay a dividend?

As of March 2026, RY paid a dividend of 5.63 USD in the last 12 months. The last dividend was paid on 2026-04-23 and the payout was 1.1984 USD.

How often does RY pay dividends?

RY pays dividends quarterly. Over the last 12 months, RY has issued 5 dividend payments. The last dividend payment was made on 2026-04-23.

RY dividend forecast

Based on historical data, the forecasted dividends per share for RY for the next payments are between 1.187 (-1.0%) and 1.254 (+4.6%). This suggests the dividend will remain relatively stable.

Will RY pay dividends in 2026?

The latest dividend paid per share was 1.1984 USD with an Ex-Dividend Date of 2026-04-23. The next Ex-Dividend date for Royal Bank of Canada (RY) is 2026-04-23.

What is the next Ex-Dividend Date for RY?

The next Ex-Dividend date for Royal Bank of Canada (RY) is 2026-04-23.

What is the Dividend Growth of RY?

RY's average dividend growth rate over the past 5 years is 5.49% per year.
Strong growth: RY's Dividend growth is outpacing inflation.

What is the Yield on Cost of RY?

RY's 5-Year Yield on Cost is 7.32%. If you bought RY's shares at 76.93 USD five years ago, your current annual dividend income (5.63 USD per share, trailing 12 months) equals 7.32% of your original purchase price.

What is the Payout Consistency of RY?

RY Payout Consistency is 99.4%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Very consistent: Royal Bank of Canada has a strong track record of consistent dividend payments over its lifetime.

Does RY have a good Dividend Yield?

RY`s 3.17% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of RY?

The Dividend Payout Ratio of RY is 29.9%. Very low - Often a strong indicator of potential dividend growth.

What is the Dividend Rating of RY?

RY`s Overall Dividend Rating is 66.06%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

RY Outstanding Shares Analysis

What is the Trend in RY's Outstanding Shares?

Royal Bank of Canada's outstanding shares have decreased by approximately 14.76% annually over the past 3 years (Trend Reliability: -100.0%).

Shareholder-friendly: The company is actively buying back shares, reducing the share count. This increases earnings per share and often leads to higher dividends per share over time, as profits are distributed among fewer shareholders.

Has RY ever had a Stock Split?

Yes, the last stock split was on Apr 7, 2006 with a ratio of 2:1.

This was a forward split: Each share became 2 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

Year Number of Shares Annual Growth Rate
1994 1,220,495,000
1995 1,242,740,000 +1.82%
1996 1,376,537,000 +10.77%
1997 1,243,349,000 -9.68%
1998 1,257,139,000 +1.11%
1999 1,239,976,000 -1.37%
2000 1,229,372,000 -0.86%
2001 1,359,458,000 +10.58%
2002 1,346,800,000 -0.93%
2003 1,317,476,000 -2.18%
2004 1,298,236,000 -1.46%
2005 1,304,378,000 +0.47%
2006 1,293,085,000 -0.87%
2007 1,297,145,000 +0.31%
2008 1,379,191,000 +6.33%
2009 1,432,179,000 +3.84%
2010 1,435,291,000 +0.22%
2011 1,467,527,000 +2.25%
2012 1,469,330,000 +0.12%
2013 1,462,728,000 -0.45%
2014 1,449,342,000 -0.92%
2015 1,449,509,000 +0.01%
2016 1,492,350,000 +2.96%
2017 1,464,916,000 -1.84%
2018 1,446,514,000 -1.26%
2019 1,438,257,000 -0.57%
2020 1,426,466,000 -0.82%
2021 1,427,225,000 +0.05%
2022 1,388,548,000 -2.71%
2023 1,400,465,000 +0.86%
2024 1,416,149,000 +1.12%
2025 1,409,680,000 -0.46%
2026 1,028,843,000 -27.02%

Key Metric Definitions

Dividend Yield
Annual dividend per share divided by current share price.
Payout Ratio
Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.
Payout FCF
Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.
Growth Rate (CAGR)
Compound annual growth rate of dividends over the last 5 years.
Consistency
Reliability of dividend payments over lifetime. Penalizes cuts and pauses.
Yield on Cost
Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.
Streak
Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.
Dividend Rating
Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-03-14 03:35