Royal Bank Dividends
RY Stock | CAD 173.77 0.94 0.54% |
As of the 25th of November 2024, Dividends Paid is likely to grow to about 6.7 B. Also, Dividend Yield is likely to grow to 0.04. Royal Bank's past performance could be the main factor of why investors trade Royal Bank of stock today. Investors should clearly understand every aspect of the Royal Bank dividend schedule, including its future sustainability, and how it might impact an overall investment strategy. This tool is helpful to digest Royal Bank's dividend schedule and payout information. Royal Bank of dividends can also provide a clue to the current valuation of Royal Bank.
Number Of Dividends | Years Issued 30 | Previous Year 4 Times | Current Year 4 Times | Year Average 4 | Volatility 0.0 |
Last Reported | Projected for Next Year | ||
Dividends Paid | 6.4 B | 6.7 B | |
Dividend Yield | 0.04 | 0.04 | |
Dividend Payout Ratio | 0.43 | 0.55 | |
Dividend Paid And Capex Coverage Ratio | 2.84 | 2.98 |
Royal |
Investing in dividend-paying stocks, such as Royal Bank of is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Royal Bank must own a stock before its ex-dividend date to receive its next dividend.
Royal Bank Expected Dividend Income Per Share
Dividend payment represents part of Royal Bank's profit that is distributed to its stockholders. It is considered income for that tax year rather than a capital gain. In other words, a dividend is a prize given to shareholders for investing in Royal Bank. Royal Bank's board of directors can pay out dividends at a planned frequency, such as monthly or quarterly.
$3.13 Bottom Scenario | C$3.17 | $3.22 Top Scenario |
One Year
Royal Bank of expected dividend income per share adjusted for ongoing price standard deviation
Royal Bank Past Distributions to stockholders
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24th of November 2023 | ||
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24th of February 2023 |