Royal Bank of Canada Announces Quarterly Dividend of CAD 1.54 per Share

Royal Bank of Canada has declared a CAD 1.54 per share quarterly dividend, in line with previous payments. The dividend will be payable on November 24 for shareholders of record on October 27, with an ex-dividend date of October 27.

Royal Bank of Canada (RY) has declared a quarterly dividend of CAD 1.54 per share, in line with its previous payments. The dividend will be payable on November 24 for shareholders of record on October 27, with an ex-dividend date of October 27. This announcement follows the bank's recent increase in its quarterly dividend to CAD 1.1152 per share, resulting in an annualized yield of 3.2% and a payout ratio of 50.33% [1].

The dividend payout ratio of 50.33% indicates that Royal Bank of Canada is maintaining a balance between returning capital to shareholders and reinvesting in its operations. This move aligns with the bank's strategy of providing consistent returns to shareholders while ensuring sustainable growth. The latest dividend payment reflects the bank's strong financial performance and commitment to shareholder value.

Institutional investors have also shown interest in Royal Bank of Canada's stock. Caisse DE Depot ET Placement DU Quebec, one of the largest institutional investors in the bank, reduced its holdings by 11.6% during the first quarter, but still owns approximately 2.16 million shares valued at CAD 242.79 million [1]. Other institutional investors, such as SBI Securities Co. Ltd. and Price T Rowe Associates Inc., have also increased their positions in the bank's stock during the first quarter [1].

Analysts have provided a range of ratings for Royal Bank of Canada, with an average rating of "Moderate Buy" and an average price target of CAD 193.00 [1]. Despite the mixed ratings, the bank's recent dividend increase and strong financial performance have bolstered investor confidence.

In conclusion, Royal Bank of Canada's latest dividend announcement demonstrates the bank's commitment to providing consistent returns to shareholders. The bank's strong financial performance and strategic balance between dividend payouts and reinvestment have positioned it favorably among investors.

References:
[1] https://www.marketbeat.com/instant-alerts/filing-caisse-de-depot-et-placement-du-quebec-sells-283039-shares-of-royal-bank-of-canada-ry-2025-08-25/