SmarterDividends
RYLB

Royal Bank of Canada (RYLBF) Dividend

Royal Bank of Canada · Financial Services · Banks - Diversified · quarterly payer

$18.40

Undervalued · +40% Add to Portfolio

As of Nov 8, 2026, Royal Bank of Canada (RYLBF) pays a quarterly dividend of $0.2603 per share, or $1.05 a year, a 5.70% yield at its $18.40 share price. It pays every quarter, usually in February, May, August and November. It has a dividend safety grade of C.

Forward Yield

5.70%

Annual Dividend

$1.05

Payout Ratio

—

5-Yr Growth

—

Ex-Date

Oct 26, 2026

Frequency

Quarterly

Key facts about RYLBF's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 8, 2026, Royal Bank of Canada (RYLBF) has a forward dividend yield of 5.70%, based on an annual dividend of $1.05 per share and a share price of $18.40.
  • As of Nov 8, 2026, RYLBF's dividend safety grade from SmarterDividends is C (63 out of 100), which rates the dividend as borderline.
  • RYLBF has never cut its regular dividend in the payment history SmarterDividends has on record.
  • RYLBF's most recent ex-dividend date was Oct 26, 2026, for a dividend of $0.26 per share.
  • As of Nov 8, 2026, SmarterDividends' blended fair-value estimate for RYLBF is $25.74 per share, 40% above the $18.40 share price, so RYLBF screens as undervalued.
  • Royal Bank of Canada (RYLBF) pays its dividend quarterly, 4 times a year.
  • Royal Bank of Canada (RYLBF) has raised its regular dividend 1 time and cut it 0 times across the 12 payments on record since 2024. Its most recent change was a 22.6% increase to $0.260 per share, going ex-dividend on Apr 24, 2024.
Cite this page

SmarterDividends, "RYLBF Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 8, 2026, https://smarterdividends.com/stocks/RYLBF

Is RYLBF a good dividend stock?

Yes, with caveats

Royal Bank of Canada (RYLBF) pays a quarterly dividend yielding 5.70% ($1.05/yr), with 1 year of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Never cut its dividend on record

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
5.70%
Payout Ratio
—
Annual Dividend
$1.05
5-Yr Avg Growth
—
Ex-Dividend Date
Oct 26, 2026
Years of Growth
1
Frequency
quarterly
Beta
0.92
Market Cap
—
P/E Ratio
—
5-Yr Total Return
—
52-Week Range
$18.40 – $19.50
Dividend Safety
C · 63/100
Ever Cut?
No

RYLBF dividend raises and cuts

Royal Bank of Canada (RYLBF) has raised its regular dividend 1 time and cut it 0 times across the 12 payments on record since 2024. Its most recent change was a 22.6% increase to $0.260 per share, going ex-dividend on Apr 24, 2024.

Ex-dateChangeOld → newMove
Apr 24, 2024Raise$0.212 → $0.260+22.6%
Every RYLBF payment →Download every raise and cut (CSV)
RYLBF ex-dividend date & scheduleNext ex-date Oct 26, 2026 · full ex-dividend historyView →RYLBF dividend historyEvery payment, totals by year, raises and cutsView →RYLBF dividend calculator100 shares pay $105.00 a year, $26.25 each quarterCalculate →

Frequently Asked Questions

Is RYLBF a good dividend stock?

Yes, with caveats. Royal Bank of Canada (RYLBF) pays a quarterly dividend yielding 5.70% ($1.05/yr), with 1 year of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Is RYLBF undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, RYLBF's fair value is about $25.74 versus a $18.40 share price — so it looks undervalued (+40% vs. fair value).

Is RYLBF's dividend safe?

RYLBF has a dividend-safety grade of C (63/100), based on its payout coverage, free-cash-flow, 1-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is RYLBF's fair value?

Our blended fair-value estimate for RYLBF is about $25.74 per share, roughly 40% above the current $18.40 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is RYLBF a buy, hold, or sell?

We don't issue formal ratings, but on the data RYLBF screens as "yes, with caveats" and undervalued. Royal Bank of Canada (RYLBF) pays a quarterly dividend yielding 5.70% ($1.05/yr), with 1 year of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will RYLBF cut its dividend?

RYLBF earns a dividend-safety grade of C (63/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does RYLBF pay a dividend?

Yes. Royal Bank of Canada pays a quarterly dividend of about $1.05 per share annually, a forward yield of roughly 5.70%.

How much dividend does 100 shares of RYLBF pay?

At $1.05 per share a year, 100 shares of RYLBF pay $105.00 a year in dividends before tax, about $26.25 each quarter. Buying them costs about $1,840 at the Nov 8, 2026 price.

What is RYLBF's dividend yield?

As of Nov 8, 2026, RYLBF's forward dividend yield is 5.70%, based on a $1.05 annual dividend and a $18.40 share price.

What is RYLBF's dividend per share?

As of Nov 8, 2026, RYLBF pays $1.05 per share per year, distributed on a quarterly basis.

How many years has RYLBF grown its dividend?

As of Nov 8, 2026, RYLBF has increased its dividend for 1 consecutive years.

When is the next RYLBF ex-dividend date?

As of Nov 8, 2026, RYLBF's next ex-dividend date hasn't been announced. The most recent was Oct 26, 2026, for $0.26 per share.

Income Calculator

At $1.05 / yr per share

Per payment (quarterly)$26.25
Annual$105.00
Monthly avg$8.75
Full RYLBF dividend calculator →

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