RY Dividend History
Royal Bank of Canada · every payment since 1996
As of Oct 8, 2026, Royal Bank of Canada (RY) has paid 118 dividends since 1996. The most recent was $1.2490 per share (ex-date Jul 27, 2026, paid Aug 24, 2026). Over the last 12 months RY paid $2.4490 across 2 payments, a trailing yield of 1.28%. The average of the last 2 regular payments is +11.4% versus the 2 before.
Latest news: Royal Bank of Canada Raises Dividend 4.1% to $1.249 · Aug 25, 2026
Latest dividend
$1.2490
Last ex-date
Jul 27, 2026
Paid, last 12 months
$2.45
Trailing yield
1.28%
Frequency
Quarterly
Growth streak
10 yrs
Key facts: RY dividend history
Data as of · Source: SmarterDividends data
- As of Oct 8, 2026, SmarterDividends has 118 dividend payments on record for Royal Bank of Canada (RY), going back to 1996.
- RY's most recent dividend was $1.25 per share, with an ex-dividend date of Jul 27, 2026 and a pay date of Aug 24, 2026.
- In the 12 months to Oct 8, 2026, RY paid $2.45 per share in dividends across 2 payments, a trailing yield of 1.28%.
- RY's most recent dividend increase took effect with the Jul 27, 2026 ex-date, a 4.1% rise to $1.25 per share.
- RY's most recent dividend cut took effect with the Apr 24, 2024 ex-date, a 1.5% reduction to $1.01 per share.
- RY paid $3.23 per share in dividends in calendar year 2025, down 21.0% from 2024.
Cite this page
SmarterDividends, "RY Dividend History: Every Payment, Dates & Yield," updated Oct 8, 2026, https://smarterdividends.com/stocks/RY/dividend-history
What the record shows
RY has paid quarterly dividends since 1996, giving it a payment history spanning multiple decades. Over the trailing year, distributions totaled $2.449 per share and produced a 1.21% trailing yield. The latest payment was $1.249 per share, 4.1% above the previous payment.
The recent average payment was $1.2245, up 11.4%. Annual totals rose every year from 2020 through 2024, ending at $4.09 per share. More individual payments increased than decreased over the last several years.
The lower annual total in 2025 reflected only three ex-dates falling into a neighboring year, not a reduction in the rate. Average payment nevertheless rose to $1.0767. RY's annual dividend has grown for 10 consecutive years, while its last annual cut occurred in 2015. Dividend safety carries a B grade.
By SmarterDividends Team · written from the payment record on this page · updated Sep 26, 2026 · editorial policy
Dividends versus price, last 12 months
Paid out
1.69%
of price a year ago
Price change
+31.8%
$145.04 → $191.22
Approx. total return
+33.5%
before taxes
Total return adds dividends received to the price change; it ignores reinvestment and taxes.
RY dividends per year
Total paid per share by calendar year
Recent dividend amounts
Last 24 regular payments, per share
RY dividend history by year
| Year | Payments | Total per share | Change |
|---|---|---|---|
| 2026year to date | 2 | $2.4490 | — |
| 2025 | 3timing | $3.2300 | -21.0% |
| 2024 | 4 | $4.0900 | +3.0% |
| 2023 | 4 | $3.9710 | +3.7% |
| 2022 | 4 | $3.8290 | +11.3% |
| 2021 | 4 | $3.4390 | +7.9% |
| 2020 | 4 | $3.1870 | +3.7% |
| 2019 | 4 | $3.0720 | +4.9% |
| 2018 | 4 | $2.9280 | +48.9% |
| 2017 | 3timing | $1.9670 | -19.3% |
| 2016 | 4 | $2.4360 | +0.2% |
| 2015 | 4 | $2.4300 | -5.7% |
| 2014 | 4 | $2.5780 | +4.0% |
| 2013 | 4 | $2.4800 | +9.0% |
| 2012 | 4 | $2.2750 | +7.2% |
| 2011 | 4 | $2.1220 | +9.8% |
| 2010 | 4 | $1.9320 | +11.7% |
| 2009 | 4 | $1.7290 | -8.3% |
| 2008 | 4 | $1.8850 | +10.7% |
| 2007 | 4 | $1.7030 | +33.8% |
| 2006 | 4 | $1.2725 | +13.1% |
| 2005 | 4 | $1.1250 | +11.4% |
| 2004 | 4 | $1.0100 | +17.4% |
| 2003 | 4 | $0.8600 | +13.2% |
| 2002 | 4 | $0.7600 | +10.1% |
| 2001 | 4 | $0.6900 | +21.1% |
| 2000 | 4 | $0.5700 | +21.3% |
| 1999 | 4 | $0.4700 | +6.8% |
| 1998 | 4 | $0.4400 | +15.8% |
| 1997 | 4 | $0.3800 | +123.5% |
| 1996 | 2timing | $0.1700 | — |
Every RY dividend
67 raises · 20 cuts · 0 specials| Ex-dividend date | Pay date | Amount | Change | Type |
|---|---|---|---|---|
| Jul 27, 2026 | Aug 24, 2026 | $1.2490 | +4.1% | Raise |
| Apr 23, 2026 | May 22, 2026 | $1.2000 | +6.0% | Raise |
| Jul 24, 2025 | Aug 22, 2025 | $1.1320 | +6.2% | Raise |
| Apr 24, 2025 | May 23, 2025 | $1.0660 | +3.3% | Raise |
| Jan 27, 2025 | Feb 24, 2025 | $1.0320 | +0.6% | Raise |
| Oct 24, 2024 | Nov 22, 2024 | $1.0260 | -0.3% | Unchanged |
| Jul 25, 2024 | Aug 23, 2024 | $1.0290 | +1.9% | Raise |
| Apr 24, 2024 | May 24, 2024 | $1.0100 | -1.5% | Cut |
| Jan 24, 2024 | Feb 23, 2024 | $1.0250 | +4.3% | Raise |
| Oct 25, 2023 | Nov 24, 2023 | $0.9830 | -4.1% | Cut |
| Jul 25, 2023 | Aug 24, 2023 | $1.0250 | +5.1% | Raise |
| Apr 24, 2023 | May 24, 2023 | $0.9750 | -1.3% | Cut |
| Jan 25, 2023 | Feb 24, 2023 | $0.9880 | +5.8% | Raise |
| Oct 25, 2022 | Nov 24, 2022 | $0.9340 | -5.8% | Cut |
| Jul 25, 2022 | Aug 24, 2022 | $0.9910 | +3.9% | Raise |
| Apr 22, 2022 | May 24, 2022 | $0.9540 | +0.4% | Unchanged |
| Jan 25, 2022 | Feb 24, 2022 | $0.9500 | +8.7% | Raise |
| Oct 25, 2021 | Nov 24, 2021 | $0.8740 | +1.6% | Raise |
| Jul 23, 2021 | Aug 24, 2021 | $0.8600 | +0.4% | Unchanged |
| Apr 21, 2021 | May 21, 2021 | $0.8570 | +1.1% | Raise |
| Jan 25, 2021 | Feb 24, 2021 | $0.8480 | +3.2% | Raise |
| Oct 23, 2020 | Nov 24, 2020 | $0.8220 | +2.1% | Raise |
| Jul 24, 2020 | Aug 24, 2020 | $0.8050 | +5.9% | Raise |
| Apr 22, 2020 | May 22, 2020 | $0.7600 | -5.0% | Cut |
| Jan 24, 2020 | Feb 24, 2020 | $0.8000 | -0.2% | Unchanged |
| Oct 23, 2019 | Nov 22, 2019 | $0.8020 | +3.4% | Raise |
| Jul 24, 2019 | Aug 23, 2019 | $0.7760 | +2.1% | Raise |
| Apr 24, 2019 | May 24, 2019 | $0.7600 | +3.5% | Raise |
| Jan 23, 2019 | Feb 22, 2019 | $0.7340 | -2.0% | Cut |
| Oct 24, 2018 | Nov 23, 2018 | $0.7490 | +4.9% | Raise |
| Jul 25, 2018 | Aug 24, 2018 | $0.7140 | -2.5% | Cut |
| Apr 24, 2018 | May 24, 2018 | $0.7320 | -0.1% | Unchanged |
| Jan 24, 2018 | Feb 23, 2018 | $0.7330 | +5.6% | Raise |
| Jul 24, 2017 | Aug 24, 2017 | $0.6940 | +7.4% | Raise |
| Apr 21, 2017 | May 24, 2017 | $0.6460 | +3.0% | Raise |
| Jan 24, 2017 | Feb 24, 2017 | $0.6270 | +0.6% | Raise |
| Oct 24, 2016 | Nov 24, 2016 | $0.6230 | +0.6% | Raise |
| Jul 22, 2016 | Aug 24, 2016 | $0.6190 | -3.3% | Cut |
| Apr 21, 2016 | May 24, 2016 | $0.6400 | +15.5% | Raise |
| Jan 22, 2016 | Feb 24, 2016 | $0.5540 | -7.8% | Cut |
| Oct 22, 2015 | Nov 24, 2015 | $0.6010 | +1.7% | Raise |
| Jul 23, 2015 | Aug 24, 2015 | $0.5910 | -6.2% | Cut |
| Apr 21, 2015 | May 22, 2015 | $0.6300 | +3.6% | Raise |
| Jan 22, 2015 | Feb 24, 2015 | $0.6080 | -8.8% | Cut |
| Oct 23, 2014 | Nov 24, 2014 | $0.6670 | +0.9% | Raise |
| Jul 22, 2014 | Aug 22, 2014 | $0.6610 | +2.5% | Raise |
| Apr 22, 2014 | May 23, 2014 | $0.6450 | +6.6% | Raise |
| Jan 23, 2014 | Feb 24, 2014 | $0.6050 | -6.9% | Cut |
| Oct 22, 2013 | Nov 22, 2013 | $0.6500 | +6.6% | Raise |
| Jul 23, 2013 | Aug 23, 2013 | $0.6100 | -0.8% | Cut |
| Apr 23, 2013 | May 24, 2013 | $0.6150 | +1.7% | Raise |
| Jan 22, 2013 | Feb 22, 2013 | $0.6050 | +0.2% | Unchanged |
| Oct 23, 2012 | Nov 23, 2012 | $0.6040 | +7.7% | Raise |
| Jul 24, 2012 | Aug 24, 2012 | $0.5610 | -2.4% | Cut |
| Apr 23, 2012 | May 24, 2012 | $0.5750 | +7.5% | Raise |
| Jan 24, 2012 | Feb 24, 2012 | $0.5350 | +0.2% | Unchanged |
| Oct 24, 2011 | Nov 24, 2011 | $0.5340 | -6.6% | Cut |
| Jul 22, 2011 | Aug 24, 2011 | $0.5720 | +11.3% | Raise |
| Apr 21, 2011 | May 24, 2011 | $0.5140 | +2.4% | Raise |
| Jan 24, 2011 | Feb 24, 2011 | $0.5020 | +2.2% | Raise |
| Oct 22, 2010 | Nov 24, 2010 | $0.4910 | +1.9% | Raise |
| Jul 22, 2010 | Aug 24, 2010 | $0.4820 | -0.2% | Unchanged |
| Apr 20, 2010 | May 21, 2010 | $0.4830 | +1.5% | Raise |
| Jan 22, 2010 | Feb 24, 2010 | $0.4760 | +0.4% | Unchanged |
| Oct 22, 2009 | Nov 24, 2009 | $0.4740 | +4.9% | Raise |
| Jul 23, 2009 | Aug 24, 2009 | $0.4520 | +11.1% | Raise |
| Apr 21, 2009 | May 22, 2009 | $0.4070 | +2.8% | Raise |
| Jan 22, 2009 | Feb 24, 2009 | $0.3960 | -1.2% | Cut |
| Oct 23, 2008 | Nov 24, 2008 | $0.4010 | -19.5% | Cut |
| Jul 22, 2008 | Aug 22, 2008 | $0.4980 | +0.4% | Unchanged |
| Apr 22, 2008 | May 23, 2008 | $0.4960 | +1.2% | Raise |
| Jan 22, 2008 | Feb 22, 2008 | $0.4900 | -5.4% | Cut |
| Oct 23, 2007 | Nov 23, 2007 | $0.5180 | +18.0% | Raise |
| Jul 24, 2007 | Aug 24, 2007 | $0.4390 | +8.4% | Raise |
| Apr 23, 2007 | May 24, 2007 | $0.4050 | +18.8% | Raise |
| Jan 23, 2007 | Feb 23, 2007 | $0.3410 | -4.2% | Cut |
| Oct 24, 2006 | Nov 24, 2006 | $0.3560 | +10.9% | Raise |
| Jul 24, 2006 | Aug 24, 2006 | $0.3210 | +0.9% | Raise |
| Apr 21, 2006 | May 24, 2006 | $0.3180 | +14.6% | Raise |
| Jan 24, 2006 | Feb 24, 2006 | $0.2775 | +2.8% | Raise |
| Oct 21, 2005 | Nov 23, 2005 | $0.2700 | -11.5% | Cut |
| Jul 22, 2005 | Aug 24, 2005 | $0.3050 | +10.9% | Raise |
| Apr 21, 2005 | May 24, 2005 | $0.2750 | +0.0% | Unchanged |
| Jan 24, 2005 | Feb 24, 2005 | $0.2750 | +5.8% | Raise |
| Oct 22, 2004 | Nov 24, 2004 | $0.2600 | +0.0% | Unchanged |
| Jul 22, 2004 | Aug 24, 2004 | $0.2600 | +0.0% | Unchanged |
| Apr 20, 2004 | May 21, 2004 | $0.2600 | +13.0% | Raise |
| Jan 22, 2004 | Feb 24, 2004 | $0.2300 | +0.0% | Unchanged |
| Oct 23, 2003 | Nov 24, 2003 | $0.2300 | +7.0% | Raise |
| Jul 21, 2003 | Aug 22, 2003 | $0.2150 | +0.0% | Unchanged |
| Apr 21, 2003 | May 23, 2003 | $0.2150 | +7.5% | Raise |
| Jan 23, 2003 | Feb 24, 2003 | $0.2000 | +0.0% | Unchanged |
| Oct 21, 2002 | Nov 22, 2002 | $0.2000 | +5.3% | Raise |
| Jul 22, 2002 | Aug 23, 2002 | $0.1900 | +0.0% | Unchanged |
| Apr 22, 2002 | May 24, 2002 | $0.1900 | +5.6% | Raise |
| Jan 22, 2002 | Feb 22, 2002 | $0.1800 | +0.0% | Unchanged |
| Oct 22, 2001 | Nov 23, 2001 | $0.1800 | +0.0% | Unchanged |
| Jul 23, 2001 | Aug 24, 2001 | $0.1800 | +9.1% | Raise |
| Apr 20, 2001 | May 24, 2001 | $0.1650 | +0.0% | Unchanged |
| Jan 22, 2001 | Feb 23, 2001 | $0.1650 | +10.0% | Raise |
| Oct 23, 2000 | Nov 24, 2000 | $0.1500 | +0.0% | Unchanged |
| Jul 21, 2000 | Aug 24, 2000 | $0.1500 | +11.1% | Raise |
| Apr 19, 2000 | May 24, 2000 | $0.1350 | +0.0% | Unchanged |
| Jan 21, 2000 | Feb 24, 2000 | $0.1350 | +12.5% | Raise |
| Oct 21, 1999 | Nov 24, 1999 | $0.1200 | +0.0% | Unchanged |
| Jul 22, 1999 | Aug 24, 1999 | $0.1200 | +4.3% | Raise |
| Apr 21, 1999 | May 21, 1999 | $0.1150 | +0.0% | Unchanged |
| Jan 21, 1999 | Feb 24, 1999 | $0.1150 | +0.0% | Unchanged |
| Oct 22, 1998 | Nov 24, 1998 | $0.1150 | +0.0% | Unchanged |
| Jul 23, 1998 | Aug 24, 1998 | $0.1150 | +9.5% | Raise |
| Apr 22, 1998 | May 22, 1998 | $0.1050 | +0.0% | Unchanged |
| Jan 22, 1998 | Feb 24, 1998 | $0.1050 | +7.7% | Raise |
| Oct 23, 1997 | Nov 24, 1997 | $0.0975 | +0.0% | Unchanged |
| Jul 22, 1997 | Aug 22, 1997 | $0.0975 | +5.4% | Raise |
| Apr 22, 1997 | May 23, 1997 | $0.0925 | +0.0% | Unchanged |
| Jan 23, 1997 | Feb 24, 1997 | $0.0925 | +8.8% | Raise |
| Oct 22, 1996 | Nov 22, 1996 | $0.0850 | +0.0% | Unchanged |
| Jul 22, 1996 | Aug 23, 1996 | $0.0850 | — | First |
RY dividend history — FAQ
How much is RY's dividend?
As of Oct 8, 2026, RY's most recent dividend was $1.2490 per share, with an ex-dividend date of Jul 27, 2026 and a pay date of Aug 24, 2026. Over the last 12 months it paid $2.4490 per share across 2 payments, a trailing yield of 1.28%.
How often does RY pay a dividend?
Royal Bank of Canada pays on a quarterly schedule. It made 2 payments in the last 12 months and 3 in 2025.
When is RY's next dividend?
As of Oct 8, 2026, the next RY ex-dividend date on record is Oct 26, 2026, payable Nov 24, 2026. Shares must be owned before the ex-dividend date to receive it.
Has RY ever cut its dividend?
Yes. Our payment-by-payment record shows 20 regular payments lower than the one before it; the most recent annual reduction was in 2015.
How much did RY pay in dividends in 2025?
RY paid $3.2300 per share across 3 payments in 2025, down 21.0% from 2024.
What was RY's total return including dividends over the last year?
Over the 12 months to Oct 8, 2026, RY paid $2.4490 per share, 1.69% of its price a year earlier, while its price moved +31.8%. That is an approximate total return of +33.5% before taxes and reinvestment.
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Amounts are per share and adjusted for stock splits, so early payments appear smaller than the cash paid at the time; a year with an extra or missing ex-date shows as a jump in the annual table. Change compares each regular payment with the previous regular one; payments of at least 2.5 times the recent median are treated as specials. Data refreshes daily; informational only, not investment advice. Back to RY