Royal Bank of Canada (TSX:RY) Dividend Yield % : 3.16% (As of Dec. 13, 2024)

Royal Bank of Canada Dividend Yield % Chart

Royal Bank of Canada Annual Data
	Trend	Oct15	Oct16	Oct17	Oct18	Oct19	Oct20	Oct21	Oct22	Oct23	Oct24
Dividend Yield %		Get a 7-Day Free Trial					4.60	3.35	3.93	4.82	3.33

Royal Bank of Canada Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Dividend Yield %	Get a 7-Day Free Trial															4.82	4.12	4.10	3.58	3.33

Competitive Comparison of Royal Bank of Canada's Dividend Yield %

For the Banks - Diversified subindustry, Royal Bank of Canada's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Royal Bank of Canada's Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Royal Bank of Canada's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Royal Bank of Canada's Dividend Yield % falls into.

Royal Bank of Canada Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Royal Bank of Canada Recent Full-Year* Dividend History

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Royal Bank of Canada's Trailing Annual Dividend Yield (%) for Today is calculated as

Current Share Price is C$177.31.
Royal Bank of Canada's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$5.6.

Royal Bank of Canada's Forward Annual Dividend Yield (%) for Today is calculated as

Current Share Price is C$177.31.
Royal Bank of Canada's Dividends per Share for the forward twelve months is calculated as C$1.42 * 4 = C$5.68.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Royal Bank of Canada  (TSX:RY) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Royal Bank of Canada Dividend Yield % Related Terms

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Royal Bank of Canada Business Description