Royal Bank Of Canada (RY) Dividend
Royal Bank Of Canada (RY) currently pays a dividend yield of 2.56%, distributing $5.00 per share annually ($1.25 per quarter). The company operates in the Financial Services sector.
RY dividend at a glance
| Dividend Yield | 2.56% |
|---|---|
| Annual Dividend | $5.00 per share |
| Per Payment | $1.25 |
| Payout Frequency | Quarterly |
| Payments per Year | 4 |
| Next Ex-Dividend Date | October 26, 2026 |
| Next Payment Date | November 24, 2026 |
| Sector | Financial Services |
| Implied Share Price (from yield) | $195.16 |
What RY pays on a $10,000 investment
At a 2.56% yield, $10,000 invested in RY generates about $256.00 per year, or roughly $64.00 every quarter. Share counts below use an implied price of $195.16, derived from the $5.00 annual dividend and the 2.56% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Quarter |
|---|---|---|---|
| $1,000 | 5.1 | $25.60 | $6.40 |
| $5,000 | 25.6 | $128.00 | $32.00 |
| $10,000 | 51.2 | $256.00 | $64.00 |
| $25,000 | 128.1 | $640.00 | $160.00 |
| $100,000 | 512.4 | $2,560.00 | $640.00 |
These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each quarter — see how the dividend snowball compounds.
RY dividend payment schedule
RY pays on a quarterly schedule — 4 payments a year. The next confirmed ex-dividend date is October 26, 2026, with payment on November 24, 2026. Later rows are projected forward at the same interval and will shift when Royal Bank Of Canada declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| October 26, 2026 | November 24, 2026 | $1.25 | Confirmed |
| January 26, 2027 | February 24, 2027 | $1.25 | Projected |
| April 26, 2027 | May 25, 2027 | $1.25 | Projected |
| July 26, 2027 | August 24, 2027 | $1.25 | Projected |
To collect a RY dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.
How RY's dividend compares
Across the 714 dividend stocks and ETFs DivTrkr tracks, the median yield is 4.23%. RY's 2.56% is 1.67 percentage points below that median, ranking 458th of 714 by yield.
Within Financial Services, where we track 119 names, the median yield is 9.09% — putting RY below its sector.
What the numbers mean
Like most US dividend payers, RY distributes quarterly, so a full year of ownership produces four payments.
Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.
RY dividend FAQ
When is the next RY ex-dividend date?
The next RY ex-dividend date is October 26, 2026, with the payment scheduled for November 24, 2026. You must own shares before the ex-dividend date to receive that payment.
What is RY's dividend yield?
RY currently yields 2.56%, based on $5.00 in dividends per share over the past year.
How often does RY pay dividends?
RY pays quarterly, which works out to 4 payments per year of about $1.25 per share.
How much dividend income would $10,000 of RY generate?
At the current 2.56% yield, $10,000 invested in RY would produce roughly $256.00 per year, or about $64.00 per quarter, before taxes and assuming the dividend holds.
Is RY a Dividend Aristocrat?
No. RY is not currently on the Dividend Aristocrat or Dividend King list, which require 25 and 50 consecutive years of dividend increases respectively.
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Track RY dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.