Royal Bank of Canada

Royal Bank of Canadaverified

RY

Price:

$120.57

Market Cap:

$245.54B

Royal Bank of Canada operates as a diversified financial service company worldwide. The company's Personal & Commercial Banking segment offers checking and savings accounts, home equity financing, personal lending, private banking, indirect lending, including auto financing, mutual funds and self-directed brokerage accounts, guaranteed investment certificates, credit cards, and payment products and solutions; and lending, leasing, deposit, investment, foreign exchange, cash management, auto dealer financing, trade products, and services to small and medium-sized commercial businesses. This segment offers financial products and services through branches, automated teller machines, and mobile ...[Read more]

Industry

Banks - Diversified

IPO Date

1995-10-16

Stock Exchange

NYSE

Ticker

RY

The Dividend Yield as of December 2024 (TTM) for Royal Bank of Canada (RY) is 3.23%

According to Royal Bank of Canada’s latest financial reports and current stock price. The company's current Dividend Yield is 3.23%. This represents a change of 308.92% compared to the average of 0.79% of the last 4 quarters.

Royal Bank of Canada (RY) Historical Dividend Yield (quarterly & annually)

How has RY Dividend Yield performed in the past?

The mean historical Dividend Yield of Royal Bank of Canada over the last ten years is 3.84%. The current 3.23% Dividend Yield has changed -16.05% with respect to the historical average. Over the past ten years (40 quarters), RY's Dividend Yield was at its highest in in the April 2020 quarter at 1.28%. The Dividend Yield was at its lowest in in the April 2024 quarter at 0.67%.

Quarterly (TTM)
Annual

Average

3.84%

Median

3.94%

Minimum

2.79%

Maximum

4.77%

Royal Bank of Canada (RY) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of Royal Bank of Canada Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 20.78%

Maximum Annual Dividend Yield = 4.77%

Minimum Annual Increase = -26.98%

Minimum Annual Dividend Yield = 2.79%

Quarterly (TTM)
Annual
YearDividend YieldChange
20242.79%-22.62%
20233.60%-8.44%
20223.93%12.85%
20213.49%-26.98%
20204.77%20.78%
20193.95%-2.94%
20184.07%13.50%
20173.59%-10.60%
20164.01%-5.13%
20154.23%15.95%

Royal Bank of Canada (RY) Average Dividend Yield

How has RY Dividend Yield performed in the past?

The current Dividend Yield of Royal Bank of Canada (RY) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

3.44%

5-year avg

3.72%

10-year avg

3.84%

Royal Bank of Canada (RY) Dividend Yield vs. Peers

How is RY’s Dividend Yield compared to its peers?

Royal Bank of Canada’s Dividend Yield is less than Canadian Imperial Bank of Commerce (3.89%), less than Bank of Montreal (4.40%), less than The Bank of Nova Scotia (5.50%), less than Bank of America Corporation (2.25%), less than The Toronto-Dominion Bank (5.35%), less than JPMorgan Chase & Co. (1.90%), less than Citigroup Inc. (3.07%), less than Wells Fargo & Company (2.10%),

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