Royal Bank of Canada (RY) Dividend Calculator
Royal Bank of Canada · how much RY pays you, by shares or dollars · updated
100 shares of Royal Bank of Canada (RY) pay $503.00 a year in dividends, about $125.70 each quarter, at the current quarterly dividend of $1.2570 per share (as of Nov 5, 2026). At the $206.96 share price that is a 2.43% yield, so $10,000 buys about 48.3 shares and pays about $243 a year.
Per share, a year
$5.03
100 shares, a year
$503.00
$10,000 invested, a year
$243.05
Shares for $1,000 a month
2,386
RY Royal Bank of Canada
$206.96 · $5.03/yr dividend · 2.40% yield · quarterly
Annual income
$503.00
Monthly (average)
$41.92
Per payment (quarterly)
$125.75
Dividend yield
2.43%
Yield on cost
—
Enter your cost
Position value
$20,696
Your payments over the next 12 months
Based on RY's actual pay dates over the past year
Income over 10 years if the dividend keeps growing 6.21% a year
Same shares, no reinvestment. Year 10: $865 · 10-year total: $6,696. Add reinvestment in the DRIP calculator →
How many RY shares for a monthly income
Shares and money needed to earn each monthly amount from Royal Bank of Canada dividends alone, at today's rate and price, before tax. Spreading it across several stocks lowers the risk that one cut hits your whole income.
| Monthly income | Shares needed | Cost today |
|---|---|---|
| $100 a month | 239 | $49,462 |
| $250 a month | 597 | $123,552 |
| $500 a month | 1,193 | $246,897 |
| $1,000 a month | 2,386 | $493,795 |
| $2,000 a month | 4,772 | $987,589 |
| $5,000 a month | 11,929 | $2,468,766 |
What 100 shares of RY paid each year
Holding 100 shares, you would have received $243.60 in 2016 and $323.00 in 2025, up 33%, without buying another share. If the dividend kept growing 6.2% a year, its five-year pace, the same 100 shares would pay about $865 in year 10. That is a projection, not a promise.
How the RY dividend is calculated
Yearly income = shares × $5.03
Each payment = shares × $1.2570
Shares for a monthly income = (monthly goal × 12) ÷ $5.03
The rate is Royal Bank of Canada's current dividend as of Nov 5, 2026. A board can raise, cut or skip a dividend, so check the RY dividend safety grade before counting on it.
Key facts: Royal Bank of Canada (RY) dividend income
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, 100 shares of Royal Bank of Canada (RY) pay $503.00 a year in dividends before tax, about $125.70 each quarter, at $5.03 per share a year.
- At its Nov 5, 2026 share price of $206.96, RY yields 2.43%: $10,000 buys about 48.3 shares, which pay about $243.05 a year.
- Earning $1,000 a month ($12,000 a year) from RY dividends alone takes about 2,386 shares, roughly $493,795 at today's price, before tax.
- 100 shares of RY paid $243.60 in dividends in 2016 and $323.00 in 2025, up 33%.
Cite this page
SmarterDividends, "Royal Bank of Canada (RY) Dividend Calculator," updated Nov 5, 2026, https://smarterdividends.com/stocks/RY/dividend-calculator
Frequently asked questions
How much dividend does 100 shares of RY pay?
As of Nov 5, 2026, 100 shares of Royal Bank of Canada (RY) pay $503.00 a year in dividends before tax, about $125.70 each quarter, at $5.03 per share a year.
How much dividend does 1,000 shares of RY pay?
About $5,030 a year before tax, or $1,257.00 each quarter, at Royal Bank of Canada's current rate of $5.03 per share a year. Buying 1,000 shares costs about $206,955 at the Nov 5, 2026 price.
How many shares of RY do I need to make $1,000 a month?
About 2,386 shares. $1,000 a month is $12,000 a year; divided by $5.03 a share, that's 2,386 shares, or about $493,795 at today's $206.96 price. Taxes in a regular brokerage account raise the number.
How much do I need to invest in RY to make $100 a month?
About $49,373. $100 a month is $1,200 a year, and at a 2.43% yield that takes $49,373, or about 239 shares.
How often does Royal Bank of Canada pay dividends?
Royal Bank of Canada (RY) pays every quarter, usually in May, August and November, so you get 4 payments a year of about $1.2570 per share each.
How is the RY dividend calculated?
Multiply your shares by the dividend per share. Royal Bank of Canada pays about $5.03 per share a year, so each share earns $5.03 a year and $1.2570 each quarter. Shares bought on or after the ex-dividend date don't get the next payment.
Are RY dividends taxed?
In a U.S. taxable account, yes. Regular dividends from most U.S. companies are qualified, taxed at 0%, 15% or 20%, if you held the shares more than 60 days around the ex-dividend date. Foreign companies may also withhold tax at source. Inside an IRA, Roth IRA or 401(k), dividends aren't taxed when paid.
Figures use SmarterDividends data as of Nov 5, 2026, before tax, and assume the current dividend rate holds. For information only, not investment or tax advice. Back to RY