Royal Bank of Canada Surges to 206th in Trading Volume with 5.62 Billion Turnover

On July 23, 2025, Royal Bank of Canada (RY) saw a significant increase in trading volume, with a turnover of 5.62 billion, marking a 134.11% rise from the previous day. This surge placed RY at the 206th position in terms of trading volume for the day. Additionally, the stock price of Royal Bank of Canada (RY) rose by 0.80%.

Royal Bank of Canada is set to pay its quarterly dividend of $1.54 on August 22, 2025. The ex-dividend date for this payment is July 24, 2025. This dividend payout is part of the bank's consistent dividend policy, which has been a key factor in attracting investors. The bank's payout ratio is currently at 50.22%, indicating a balanced approach to distributing profits to shareholders while retaining earnings for future growth.

Investors are also keeping an eye on the forward dividend yield, which stands at 3.40%. This yield, combined with the bank's strong financial performance, makes RY an attractive option for income-focused investors. The one-year target estimate for the stock is 187.73, reflecting positive market sentiment and expectations for future growth.