Royal Bank of Canada Declares Dividends, Increases Quarterly Dividend to $1.54 per Share

Royal Bank of Canada (RBC) has declared a quarterly common share dividend of $1.54 per share, payable on November 24, 2025, to common shareholders of record on October 27, 2025. The bank also declared dividends for several non-cumulative first preferred shares, with payment dates ranging from November 24 to November 28, 2025.

Royal Bank of Canada (RBC) has declared a quarterly common share dividend of $1.54 per share, payable on November 24, 2025, to common shareholders of record on October 27, 2025. The bank also declared dividends for several non-cumulative first preferred shares, with payment dates ranging from November 24 to November 28, 2025 [1].

This increase represents a significant enhancement from the previous quarterly dividend of $1.07 per share, which was paid on August 22, 2025. The new dividend equates to an annual yield of approximately 3.88%, based on the current stock price of $137.68 [2].

RBC's decision to raise its dividend comes amidst a period of strong institutional investment in the bank. Campbell & Co. Investment Adviser LLC, for instance, significantly increased its holdings in RBC, raising its investment by 1,187.6% in the first quarter, now owning 25,740 shares valued at approximately $2.9 million [1].

Despite the recent earnings miss, with $2.20 EPS for the quarter falling short of the consensus estimate of $2.25, RBC has shown resilience in its financial performance. The bank's revenue for the quarter was $11.38 billion, although this was below the expected $15.77 billion [1].

Analysts have responded to the dividend increase with mixed signals. While some have upgraded their ratings on the stock, others have maintained their hold or downgraded their recommendations. The overall consensus remains a "Moderate Buy" rating with a target price of $193.00 [1].

Investors should closely monitor RBC's future earnings reports and dividend policy to assess the sustainability of these increases. The bank's ability to maintain or grow its dividends will be a critical factor in determining its attractiveness to income-focused investors.

References:
[1] https://www.marketbeat.com/instant-alerts/filing-royal-bank-of-canada-ry-shares-acquired-by-campbell-co-investment-adviser-llc-2025-08-24/
[2] https://stockinvest.us/dividends/RY