TORONTO, May 26, 2022 /CNW/ - Royal Bank of Canada (TSX: RY) (NYSE: RY) announced today that its board of directors has declared an increase to its quarterly common share dividend of eight cents or seven per cent, to $1.28 per share, payable on and after August 24, 2022, to common shareholders of record at the close of business on July 26, 2022.

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The board also declared dividends for the following Non-Cumulative First Preferred Shares, payable on and after August 24, 2022, to shareholders of record at the close of business on July 26, 2022.

•  Series AZ 

     Dividend No. 34   of

     $0.23125 per share.

•  Series BB

     Dividend No. 33   of

     $0.228125 per share.

•  Series BD

     Dividend No. 30   of

     $0.20 per share.

•  Series BF

     Dividend No. 29   of

     $0.1875 per share.

•  Series BH

     Dividend No. 28   of

     $0.30625 per share.

•  Series BI

     Dividend No. 28   of

     $0.30625 per share.

•  Series BO

     Dividend No. 15   of

     $0.30 per share.

The board also declared dividends for the following Non-Cumulative First Preferred Shares.

  • Series BT, Dividend No. 2 of $21 per share, payable on and after August 24, 2022, to shareholders of record on August 17, 2022.
  • Series C-2, Dividend No. 27 of US$16.875 per share (equivalent to US$0.421875 per related depositary share), payable on and after August 8, 2022, to shareholders of record on July 29, 2022.

SOURCE Royal Bank of Canada

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