Royal Bank of Canada

RY

CA7800871021

Banks

Market Closed - Toronto S.E. Other stock markets 04:15:55 2025-01-15 pm EST			5-day change	1st Jan Change
171.57 ^CAD	+0.70%		-1.97%	-1.01%

Jan. 15	L.A. Chamber of Commerce sets up fund to help blaze-affected small businesses	RE
Jan. 10	UBS January Guidance Tracker on Canadian Banks	MT

Royal Bank of Canada Raises Quarterly Dividend by 4.2%

December 04, 2024 at 06:29 am EST

By Colin Kellaher

Royal Bank of Canada's board has raised the banking giant's quarterly dividend by 4.2%, to 1.48 Canadian dollars (US$1.05) from C$1.42.

The new payout, equal to C$5.92 a year, represents an annual yield of about 3.37% based on Tuesday's closing price of C$175.80, up from 3.23%.

The Toronto-based company on Wednesday said the increased dividend is payable Feb. 24 to shareholders of record Jan. 27.

Write to Colin Kellaher at colin.kellaher@wsj.com

(END) Dow Jones Newswires

12-04-24 0628ET

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Royal Bank of Canada is a global financial institution. Its business includes Personal & Commercial Banking, Wealth Management, Investor Services, Capital Markets and Insurance. The Personal & Commercial Banking comprises its personal banking operations and certain retail investment businesses in Canada, the Caribbean and United States, as well as its commercial and corporate banking operations in Canada and the Caribbean. Wealth Management provides a full suite of investment, trust and other wealth management solutions and businesses. Capital Markets provides public and private companies, institutional investors, governments and central banks globally with a range of capital markets products and services across its two main business lines, Corporate and Investment Banking and Global Markets. Insurance offers a range of life, health, home, auto, travel, wealth and reinsurance advice and solutions, and creditor and business insurance services to individual, business and group clients.

Employees

94,838

Sector

Banks

Calendar

2025-01-26 - Détachement de

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