STOCK DIVIDEND AND STOCK SPLIT
The most common method for companies to distribute wealth among shareholders is to pay dividends in the form of cash or stock. When a company has a low level of liquid cash on hand, stock dividends are typically issued in lieu of cash dividends. It is the board of directors that decides whether a dividend should be declared and in what form it should be distributed. Dividend yield is also a financial ratio that shows how much a company pays out in dividends on its shares each year, which is something investors look for in a stock.
Dividend Rate
Trailing Annual Dividend Rate
$5.46
Forward Annual Dividend Rate
$4.14
Yield
Trailing Annual Dividend Yield
4.87%
Forward Annual Dividend Yield
2.6%
Dividend Date
Dividend Date
Feb 24, 2026
Ex-dividend Date
Jan 26, 2026
3.93 %
43.22
Dividend History
| Announced | Amount | Ex-Dividend Date | Record Date | Payment Date |
|---|---|---|---|---|
| Dec 03, 2025 | 1.64 | Jan 26, 2026 | Jan 26, 2026 | Feb 24, 2026 |
| Feb 27, 2025 | 1.48 | Apr 24, 2025 | Apr 24, 2025 | May 23, 2025 |
| Dec 04, 2024 | 1.48 | Jan 27, 2025 | Jan 27, 2025 | Feb 24, 2025 |
| Aug 28, 2024 | 1.42 | Oct 24, 2024 | Oct 24, 2024 | Nov 22, 2024 |
| May 30, 2024 | 1.42 | Jul 25, 2024 | Jul 25, 2024 | Aug 23, 2024 |
| Feb 28, 2024 | 1.38 | Apr 24, 2024 | Apr 25, 2024 | May 24, 2024 |
| Nov 30, 2023 | 1.38 | Jan 24, 2024 | Jan 25, 2024 | Feb 23, 2024 |
| Aug 24, 2023 | 1.35 | Oct 25, 2023 | Oct 26, 2023 | Nov 24, 2023 |
| May 25, 2023 | 1.35 | Jul 25, 2023 | Jul 26, 2023 | Aug 24, 2023 |
| Mar 01, 2023 | 1.32 | Apr 24, 2023 | Apr 25, 2023 | May 24, 2023 |
| Nov 30, 2022 | 1.32 | Jan 25, 2023 | Jan 26, 2023 | Feb 24, 2023 |
| Aug 24, 2022 | 1.28 | Oct 25, 2022 | Oct 26, 2022 | Nov 24, 2022 |
| May 26, 2022 | 1.28 | Jul 25, 2022 | Jul 26, 2022 | Aug 24, 2022 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Apr 07, 2006 | 2:1 | +0.77% | -0.12% |
| Oct 06, 2000 | 2:1 | +1.10% | +0.39% |
Frequently Asked Questions
Is Royal Bank of Canada (RY) a dividend paying company?
In a company, dividends are a portion of profits paid out to shareholders - investors getting a little bit back on their investment. In particular, dividends benefit investors, especially income-seeking investors, because they provide mutual benefits both to companies and investors. Dividends are a strong indicator for a company's ability to produce profits consistently and reflect favorably on its management. Royal Bank of Canada is also among the companies that regularly pay dividends.
What is RY's dividend yield?
Many factors affect dividend yields, including global market conditions, interest rates, and the financial status of an individual company.However, the average dividend yield for a good company is between 2% and 6%. RY's annual dividend yield for the trailing 12 months is 4.87.
When did RY last pay a dividend?
RY last paid dividends on 2026-02-24, with the ex-dividend date being 2026-01-26.
When was the last time RY stock split?
RY stock split took place on 07-04-2006.
How did RY's stock split work?
Its last split took place on Apr 7, 2006, when Royal Bank of Canada went through a 2:1 split leaving the shareholder with 2 share(s) who previously owned 1 RY share(s).