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Stock impact report

How Much Will Royal Bank of Canada Pay in Dividends This Year? [Yahoo! Finance Canada]

Royal Bank Of Canada (RY) 
Last royal bank of canada earnings: 2/21 06:00 am Check Earnings Report
US:NYSE Investor Relations: rbc.com/investorrelations/index.html
Dividend stocks pay out billions of dollars of income to investors every year. Royal Bank is proudly one of them. Last year, Royal Bank of Canada TSX:RY ), or RBC, paid out $5.5 billion in dividends to its shareholders. In fact, the Canadian banking leader has one of the longest histories of paying dividends in Canada. As early as 1870, it started paying out dividends! From the shareholders' perspective, how much dividend income they receive this year depends on how many shares they own. If you hold 100 RBC common shares, you would receive $5.52 per share, or $552, in dividend income this year based on the current quarterly dividend of $1.38 per share. RBC supports a safe and growing dividend Investors often hold Royal Bank of Canada shares as a core holding in their diversified investment portfolios . They expect its dividend to be safe and grow over time. Indeed, RBC stock has a 1-, 3-, 5-, 10-, and 15-year dividend growth rate of approximately 7 to 8%. ADVERTISEMENT RBC' Show less Read more
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