Royal Bank Of Canada (RY) to Issue Quarterly Dividend of C$1.64 on February 24th

Royal Bank Of Canada (NYSE:RY) (TSE:RY) announced a quarterly dividend on Wednesday, December 3rd. Investors of record on Monday, January 26th will be paid a dividend of 1.64 per share by the financial services provider on Tuesday, February 24th. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date is Monday, January 26th. This is a 6.5% increase from Royal Bank Of Canada’s previous quarterly dividend of $1.54.

Royal Bank Of Canada has increased its dividend by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 15 consecutive years. Royal Bank Of Canada has a payout ratio of 46.9% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Royal Bank Of Canada to earn $10.10 per share next year, which means the company should continue to be able to cover its $4.78 annual dividend with an expected future payout ratio of 47.3%.

Royal Bank Of Canada Trading Up 0.6%

RY stock opened at $169.81 on Friday. The business has a fifty day moving average price of $164.03 and a 200 day moving average price of $149.13. Royal Bank Of Canada has a fifty-two week low of $106.10 and a fifty-two week high of $174.61. The stock has a market capitalization of $237.32 billion, a price-to-earnings ratio of 16.93, a P/E/G ratio of 1.21 and a beta of 0.79. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.81 and a quick ratio of 0.81.

Royal Bank Of Canada (NYSE:RY) (TSE:RY) last posted its quarterly earnings data on Wednesday, December 3rd. The financial services provider reported $2.76 EPS for the quarter, topping analysts’ consensus estimates of $2.51 by $0.25. The company had revenue of $12.27 billion for the quarter, compared to analyst estimates of $12.12 billion. Royal Bank Of Canada had a return on equity of 16.83% and a net margin of 14.83%.The business’s revenue was up 14.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.07 earnings per share. Analysts expect that Royal Bank Of Canada will post 9.16 EPS for the current fiscal year.

More Royal Bank Of Canada News

Here are the key news stories impacting Royal Bank Of Canada this week:

• Positive Sentiment: RBC recommended shareholders reject TRC Capital Investment’s unsolicited mini?tender (offer to buy ~0.036% of shares at CAD 224, about 4.5% below the prior close), framing the bid as below?market and urging investors to protect value — a shareholder?protective action that can reduce buyout downside risk. RBC recommends shareholders reject TRC Capital Investment’s below-market “mini tender” offer for common shares
• Neutral Sentiment: RBC’s Capital Markets & research teams remain highly active (initiations/coverage on Nvidia, Micron, Broadcom; reiterations like ServiceNow; chip sector thematic notes), highlighting recurring fee/research revenue potential but with varying near?term earnings implications. RBC Initiates Nvidia (NVDA) at Outperform, Cites $500B+ AI Backlog and Ecosystem Dominance
• Neutral Sentiment: RBC research is publishing macro/commodity views (e.g., a note on gold approaching $5,000) that can drive client trading flows and volatility in markets RBC serves—indirectly relevant to trading and wealth?management revenues but not an immediate bank earnings driver. Gold’s Race to $5,000 Driven by ‘Unavoidable Uncertainty,’ Says RBC Capital
• Negative Sentiment: Analyst/commentary pieces questioning whether Royal Bank of Canada’s multi?year share gains have peaked introduce valuation concerns that could cap near?term upside if macro or rate dynamics shift. Has Royal Bank of Canada (TSX:RY) Peaked After Strong Multi Year Share Price Gains?

Royal Bank Of Canada Company Profile

Royal Bank of Canada (NYSE: RY) is a diversified financial services company and one of Canada’s largest banks. Founded in 1864 in Halifax, Nova Scotia, the firm is now headquartered in Toronto, Ontario. It provides a broad range of banking and financial services to individuals, businesses, and institutional clients through a network of branches, digital platforms and international offices.

RBC operates across several principal business segments including personal and commercial banking, wealth management, insurance, investor and treasury services, capital markets, and global asset management.