Does Royal Bank of Canada Pay Dividends?
Royal Bank of Canada · RY · updated
Key facts: Royal Bank of Canada dividend
Data as of · Source: SmarterDividends data
- As of Oct 19, 2026, Royal Bank of Canada (RY) pays a dividend of $1.25 per share every quarter, $4.96 a year, a 2.51% yield at its share price of $197.80.
- Royal Bank of Canada (RY) paid its last 2 regular dividends in May and August.
- The next dividend from Royal Bank of Canada (RY), $1.25 per share, goes ex-dividend on Oct 26, 2026 and is paid on Nov 9, 2026; the last day to buy the shares and receive it is Oct 23, 2026.
- Royal Bank of Canada (RY) has paid a dividend since at least 1996; SmarterDividends' records hold 118 of its dividend payments.
- At $4.96 a year per share, 100 shares of RY pay $496.00 a year in dividends before tax.
- SmarterDividends grades the dividend safety of Royal Bank of Canada (RY) B on an A to F scale; it pays out 41% of earnings as dividends.
Cite this page
SmarterDividends, "Does Royal Bank of Canada Pay Dividends? Yes," updated Oct 19, 2026, https://smarterdividends.com/does-royal-bank-of-canada-pay-dividends
How much does Royal Bank of Canada pay?
Royal Bank of Canada (RY) pays every quarter; its latest dividend was $1.25 per share. That is $4.96 per share a year, a 2.51% yield at today's price.
For example, 100 shares pay about $496.00 a year, and $10,000 invested at today's price pays about $251.00 a year, before tax.
| Ex-dividend date | Pay date | Amount | Change |
|---|---|---|---|
| Jul 27, 2026 | Aug 24, 2026 | $1.25 | — |
| Apr 23, 2026 | May 22, 2026 | $1.20 | — |
| Jul 24, 2025 | Aug 22, 2025 | $1.13 | — |
| Apr 24, 2025 | May 23, 2025 | $1.07 | — |
| Jan 27, 2025 | Feb 24, 2025 | $1.03 | — |
| Oct 24, 2024 | Nov 22, 2024 | $1.03 | — |
| Jul 25, 2024 | Aug 23, 2024 | $1.03 | — |
| Apr 24, 2024 | May 24, 2024 | $1.01 | — |
When does Royal Bank of Canada pay dividends?
Royal Bank of Canada (RY) paid its last 2 regular dividends in May and August. Its next dividend goes ex-dividend on Oct 26, 2026 and is paid on Nov 9, 2026.
To receive a dividend, you must own the shares before the ex-dividend date: buy by the close on the trading day before it. The RY ex-dividend date page shows the exact dates.
Royal Bank of Canada's dividend history
Royal Bank of Canada (RY) has paid a dividend since at least 1996, and SmarterDividends' records hold 118 payments.
Its annual dividend was cut in 2015, by SmarterDividends' records. Its dividend safety grade is B on an A to F scale. Full RY dividend history →
Frequently asked questions
Does Royal Bank of Canada pay dividends?
As of Oct 19, 2026, Royal Bank of Canada (RY) pays a dividend of $1.25 per share every quarter, $4.96 a year, a 2.51% yield at its share price of $197.80.
How much is Royal Bank of Canada's dividend?
Royal Bank of Canada (RY) pays $1.25 per share each payment, $4.96 per share a year. Over the last 12 months it paid $2.45 per share in total.
How often does Royal Bank of Canada pay dividends?
Royal Bank of Canada (RY) pays every quarter, most recently in May and August.
When is Royal Bank of Canada's next dividend?
The next dividend from Royal Bank of Canada (RY), $1.25 per share, goes ex-dividend on Oct 26, 2026 and is paid on Nov 9, 2026; the last day to buy the shares and receive it is Oct 23, 2026.
What is Royal Bank of Canada's dividend yield?
2.51% as of Oct 19, 2026: $4.96 a year in dividends divided by the $197.80 share price. The yield moves every day with the share price.
How much dividend would 100 shares of RY pay?
About $496.00 a year before tax, paid every quarter in installments of about $124.90, at Royal Bank of Canada's current dividend rate.
Has Royal Bank of Canada ever cut its dividend?
Yes. SmarterDividends' records show a cut in Royal Bank of Canada's annual dividend, most recently in 2015. It has raised its dividend for 10 consecutive years since.
How long has Royal Bank of Canada paid dividends?
Since at least 1996, the start of Royal Bank of Canada's payment record at SmarterDividends, which holds 118 payments.
When do I need to buy RY to get the dividend?
Before the ex-dividend date. Under the U.S. T+1 settlement cycle you must buy by the close on the last trading day before the ex-dividend date, which for the next dividend is Oct 23, 2026. Buying on the ex-dividend date or later means the seller gets that dividend.
Related
SmarterDividends data, refreshed daily from public market data. For information only, not investment advice.