Royal Bank of Canada (TSE:RY) to Issue Quarterly Dividend of $1.64

Royal Bank of Canada (TSE:RY) (NYSE:RY) announced a quarterly dividend on Thursday, April 23rd, TickerTech Dividends reports. Stockholders of record on Friday, May 22nd will be paid a dividend of 1.64 per share by the financial services provider on Friday, May 22nd. This represents a c) annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Thursday, April 23rd.

Royal Bank of Canada Price Performance

TSE:RY traded up C$0.40 during mid-day trading on Tuesday, reaching C$246.25. The stock had a trading volume of 2,076,404 shares, compared to its average volume of 3,658,131. The business’s 50 day moving average is C$229.58 and its 200 day moving average is C$223.50. Royal Bank of Canada has a fifty-two week low of C$159.91 and a fifty-two week high of C$246.72. The stock has a market cap of C$342.63 billion, a P/E ratio of 16.91, a PEG ratio of 3.42 and a beta of 1.07.

Royal Bank of Canada (TSE:RY) (NYSE:RY) last posted its earnings results on Thursday, February 26th. The financial services provider reported C$4.08 earnings per share (EPS) for the quarter. The firm had revenue of C$17.96 billion during the quarter. Royal Bank of Canada had a net margin of 20.88% and a return on equity of 15.37%. Equities analysts expect that Royal Bank of Canada will post 12.3454675 EPS for the current year.

Royal Bank of Canada Company Profile

Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 101,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 19 million clients in Canada, the U.S.