SmarterDividends
RYLB

ROYAL BANK OF CANADA

RYLBF

Financial Services · Stock · monthly payer

Forward Yield

5.45%

Annual Dividend

$1.06

Payout Ratio

5-Yr Growth

Ex-Date

Jul 27, 2026

Frequency

Monthly

RYLBF Dividend Safety Score

77/ 100
Grade B

Safe

Dividend-growth streak2 consecutive years of growth
Cut historyNever cut its dividend on record
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is RYLBF a good dividend stock?

Yes

ROYAL BANK OF CANADA (RYLBF) pays a monthly dividend yielding 5.45% ($1.06/yr), with 1 year of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Never cut its dividend on record

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
5.45%
Payout Ratio
Annual Dividend
$1.06
5-Yr Avg Growth
Ex-Dividend Date
Jul 27, 2026
Years of Growth
1
Frequency
monthly
Beta
0.94
Market Cap
P/E Ratio
5-Yr Total Return
52-Week Range
$18.19 – $19.50
Dividend Safety
B · 77/100
Ever Cut?
No
RYLBF ex-dividend date & scheduleNext ex-date Jul 27, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $1.06 / yr per share

Per payment (monthly)$8.83
Annual$106.00
Monthly avg$8.83