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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

+ Add to my payday calendar RY income calculator Compare with JPM

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-date	Pay date	Per share	Per 100 shares	Status
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.

| Ex-date | Pay date | Per share | Per 100 shares | Status |
| --- | --- | ---: | ---: | --- |
| Oct 26, 2026 | Nov 24, 2026 | $1.249 | $124.90 | declared |
| Jan 25, 2027 | Feb 8, 2027 | $1.249 | $124.90 | estimated |
| Apr 26, 2027 | May 10, 2027 | $1.249 | $124.90 | estimated |
| Jul 26, 2027 | Aug 9, 2027 | $1.249 | $124.90 | estimated |

Dividend payment history

Last 40 payments per share. RegularSpecial

Annual dividends per share

How much RY do you need for monthly income?

Target income	Shares needed	Capital at today's price	Per year
$100 / month	241	$50,200	$1,200
$500 / month	1,201	$251,001	$6,000
$1,000 / month	2,402	$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 recent only

Ex-date	Pay date	Amount	Change
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%
Jan 24, 2020	—	$0.80	-0.2%
Oct 23, 2019	—	$0.802	+3.4%
Jul 24, 2019	—	$0.776	+2.1%
Apr 24, 2019	—	$0.76	+3.5%
Jan 23, 2019	—	$0.734	-2.0%
Oct 24, 2018	—	$0.749	+4.9%
Jul 25, 2018	—	$0.714	-2.5%
Apr 24, 2018	—	$0.732	-0.1%
Jan 24, 2018	—	$0.733	+5.6%
Jul 24, 2017	—	$0.694	+7.4%
Apr 21, 2017	—	$0.646	+3.0%
Jan 24, 2017	—	$0.627	+0.6%
Oct 24, 2016	—	$0.623	+0.6%
Jul 22, 2016	—	$0.619	-3.3%
Apr 21, 2016	—	$0.64	+15.5%
Jan 22, 2016	—	$0.554	-7.8%
Oct 22, 2015	—	$0.601	+1.7%
Jul 23, 2015	—	$0.591	-6.2%
Apr 21, 2015	—	$0.63	+3.6%
Jan 22, 2015	—	$0.608	-8.8%
Oct 23, 2014	—	$0.667	+0.9%
Jul 22, 2014	—	$0.661	+2.5%
Apr 22, 2014	—	$0.645	+6.6%
Jan 23, 2014	—	$0.605	-6.9%
Oct 22, 2013	—	$0.65	+6.6%
Jul 23, 2013	—	$0.61	-0.8%
Apr 23, 2013	—	$0.615	+1.7%
Jan 22, 2013	—	$0.605	+0.2%
Oct 23, 2012	—	$0.604	+7.7%
Jul 24, 2012	—	$0.561	-2.4%
Apr 23, 2012	—	$0.575	+7.5%
Jan 24, 2012	—	$0.535	+0.2%
Oct 24, 2011	—	$0.534	-6.6%
Jul 22, 2011	—	$0.572	+11.3%
Apr 21, 2011	—	$0.514	+2.4%
Jan 24, 2011	—	$0.502	+2.2%
Oct 22, 2010	—	$0.491	+1.9%
Jul 22, 2010	—	$0.482	-0.2%
Apr 20, 2010	—	$0.483	+1.5%
Jan 22, 2010	—	$0.476	+0.4%
Oct 22, 2009	—	$0.474	+4.9%
Jul 23, 2009	—	$0.452	+11.1%
Apr 21, 2009	—	$0.407	+2.8%
Jan 22, 2009	—	$0.396	-1.2%
Oct 23, 2008	—	$0.401	-19.5%
Jul 22, 2008	—	$0.498	+0.4%
Apr 22, 2008	—	$0.496	+1.2%
Jan 22, 2008	—	$0.49	-5.4%
Oct 23, 2007	—	$0.518	+18.0%
Jul 24, 2007	—	$0.439	+8.4%
Apr 23, 2007	—	$0.405	+18.8%
Jan 23, 2007	—	$0.341	-4.2%
Oct 24, 2006	—	$0.356	+10.9%
Jul 24, 2006	—	$0.321	+0.9%
Apr 21, 2006	—	$0.318	+14.6%
Jan 24, 2006	—	$0.2775	+2.8%
Oct 21, 2005	—	$0.27	-11.5%
Jul 22, 2005	—	$0.305	+10.9%
Apr 21, 2005	—	$0.275	+0.0%
Jan 24, 2005	—	$0.275	+5.8%
Oct 22, 2004	—	$0.26	+0.0%
Jul 22, 2004	—	$0.26	+0.0%
Apr 20, 2004	—	$0.26	+13.0%
Jan 22, 2004	—	$0.23	+0.0%
Oct 23, 2003	—	$0.23	+7.0%
Jul 21, 2003	—	$0.215	+0.0%
Apr 21, 2003	—	$0.215	+7.5%
Jan 23, 2003	—	$0.20	+0.0%
Oct 21, 2002	—	$0.20	+5.3%
Jul 22, 2002	—	$0.19	+0.0%
Apr 22, 2002	—	$0.19	+5.6%
Jan 22, 2002	—	$0.18	+0.0%
Oct 22, 2001	—	$0.18	+0.0%
Jul 23, 2001	—	$0.18	+9.1%
Apr 20, 2001	—	$0.165	+0.0%
Jan 22, 2001	—	$0.165	+10.0%
Oct 23, 2000	—	$0.15	+0.0%
Jul 21, 2000	—	$0.15	+11.1%
Apr 19, 2000	—	$0.135	+0.0%
Jan 21, 2000	—	$0.135	+12.5%
Oct 21, 1999	—	$0.12	+0.0%
Jul 22, 1999	—	$0.12	+4.3%
Apr 21, 1999	—	$0.115	+0.0%
Jan 21, 1999	—	$0.115	+0.0%
Oct 22, 1998	—	$0.115	+0.0%
Jul 23, 1998	—	$0.115	+9.5%
Apr 22, 1998	—	$0.105	+0.0%
Jan 22, 1998	—	$0.105	+7.7%
Oct 23, 1997	—	$0.0975	+0.0%
Jul 22, 1997	—	$0.0975	+5.4%
Apr 22, 1997	—	$0.0925	+0.0%
Jan 23, 1997	—	$0.0925	+8.8%
Oct 22, 1996	—	$0.085	+0.0%
Jul 22, 1996	—	$0.085	—

| Ex-date | Pay date | Amount | Change |
| --- | --- | ---: | ---: |
| 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% |
| Jan 24, 2020 | — | $0.80 | -0.2% |
| Oct 23, 2019 | — | $0.802 | +3.4% |
| Jul 24, 2019 | — | $0.776 | +2.1% |
| Apr 24, 2019 | — | $0.76 | +3.5% |
| Jan 23, 2019 | — | $0.734 | -2.0% |
| Oct 24, 2018 | — | $0.749 | +4.9% |
| Jul 25, 2018 | — | $0.714 | -2.5% |
| Apr 24, 2018 | — | $0.732 | -0.1% |
| Jan 24, 2018 | — | $0.733 | +5.6% |
| Jul 24, 2017 | — | $0.694 | +7.4% |
| Apr 21, 2017 | — | $0.646 | +3.0% |
| Jan 24, 2017 | — | $0.627 | +0.6% |
| Oct 24, 2016 | — | $0.623 | +0.6% |
| Jul 22, 2016 | — | $0.619 | -3.3% |
| Apr 21, 2016 | — | $0.64 | +15.5% |
| Jan 22, 2016 | — | $0.554 | -7.8% |
| Oct 22, 2015 | — | $0.601 | +1.7% |
| Jul 23, 2015 | — | $0.591 | -6.2% |
| Apr 21, 2015 | — | $0.63 | +3.6% |
| Jan 22, 2015 | — | $0.608 | -8.8% |
| Oct 23, 2014 | — | $0.667 | +0.9% |
| Jul 22, 2014 | — | $0.661 | +2.5% |
| Apr 22, 2014 | — | $0.645 | +6.6% |
| Jan 23, 2014 | — | $0.605 | -6.9% |
| Oct 22, 2013 | — | $0.65 | +6.6% |
| Jul 23, 2013 | — | $0.61 | -0.8% |
| Apr 23, 2013 | — | $0.615 | +1.7% |
| Jan 22, 2013 | — | $0.605 | +0.2% |
| Oct 23, 2012 | — | $0.604 | +7.7% |
| Jul 24, 2012 | — | $0.561 | -2.4% |
| Apr 23, 2012 | — | $0.575 | +7.5% |
| Jan 24, 2012 | — | $0.535 | +0.2% |
| Oct 24, 2011 | — | $0.534 | -6.6% |
| Jul 22, 2011 | — | $0.572 | +11.3% |
| Apr 21, 2011 | — | $0.514 | +2.4% |
| Jan 24, 2011 | — | $0.502 | +2.2% |
| Oct 22, 2010 | — | $0.491 | +1.9% |
| Jul 22, 2010 | — | $0.482 | -0.2% |
| Apr 20, 2010 | — | $0.483 | +1.5% |
| Jan 22, 2010 | — | $0.476 | +0.4% |
| Oct 22, 2009 | — | $0.474 | +4.9% |
| Jul 23, 2009 | — | $0.452 | +11.1% |
| Apr 21, 2009 | — | $0.407 | +2.8% |
| Jan 22, 2009 | — | $0.396 | -1.2% |
| Oct 23, 2008 | — | $0.401 | -19.5% |
| Jul 22, 2008 | — | $0.498 | +0.4% |
| Apr 22, 2008 | — | $0.496 | +1.2% |
| Jan 22, 2008 | — | $0.49 | -5.4% |
| Oct 23, 2007 | — | $0.518 | +18.0% |
| Jul 24, 2007 | — | $0.439 | +8.4% |
| Apr 23, 2007 | — | $0.405 | +18.8% |
| Jan 23, 2007 | — | $0.341 | -4.2% |
| Oct 24, 2006 | — | $0.356 | +10.9% |
| Jul 24, 2006 | — | $0.321 | +0.9% |
| Apr 21, 2006 | — | $0.318 | +14.6% |
| Jan 24, 2006 | — | $0.2775 | +2.8% |
| Oct 21, 2005 | — | $0.27 | -11.5% |
| Jul 22, 2005 | — | $0.305 | +10.9% |
| Apr 21, 2005 | — | $0.275 | +0.0% |
| Jan 24, 2005 | — | $0.275 | +5.8% |
| Oct 22, 2004 | — | $0.26 | +0.0% |
| Jul 22, 2004 | — | $0.26 | +0.0% |
| Apr 20, 2004 | — | $0.26 | +13.0% |
| Jan 22, 2004 | — | $0.23 | +0.0% |
| Oct 23, 2003 | — | $0.23 | +7.0% |
| Jul 21, 2003 | — | $0.215 | +0.0% |
| Apr 21, 2003 | — | $0.215 | +7.5% |
| Jan 23, 2003 | — | $0.20 | +0.0% |
| Oct 21, 2002 | — | $0.20 | +5.3% |
| Jul 22, 2002 | — | $0.19 | +0.0% |
| Apr 22, 2002 | — | $0.19 | +5.6% |
| Jan 22, 2002 | — | $0.18 | +0.0% |
| Oct 22, 2001 | — | $0.18 | +0.0% |
| Jul 23, 2001 | — | $0.18 | +9.1% |
| Apr 20, 2001 | — | $0.165 | +0.0% |
| Jan 22, 2001 | — | $0.165 | +10.0% |
| Oct 23, 2000 | — | $0.15 | +0.0% |
| Jul 21, 2000 | — | $0.15 | +11.1% |
| Apr 19, 2000 | — | $0.135 | +0.0% |
| Jan 21, 2000 | — | $0.135 | +12.5% |
| Oct 21, 1999 | — | $0.12 | +0.0% |
| Jul 22, 1999 | — | $0.12 | +4.3% |
| Apr 21, 1999 | — | $0.115 | +0.0% |
| Jan 21, 1999 | — | $0.115 | +0.0% |
| Oct 22, 1998 | — | $0.115 | +0.0% |
| Jul 23, 1998 | — | $0.115 | +9.5% |
| Apr 22, 1998 | — | $0.105 | +0.0% |
| Jan 22, 1998 | — | $0.105 | +7.7% |
| Oct 23, 1997 | — | $0.0975 | +0.0% |
| Jul 22, 1997 | — | $0.0975 | +5.4% |
| Apr 22, 1997 | — | $0.0925 | +0.0% |
| Jan 23, 1997 | — | $0.0925 | +8.8% |
| Oct 22, 1996 | — | $0.085 | +0.0% |
| Jul 22, 1996 | — | $0.085 |  |

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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