Is Royal Bank of Canada a good investment? Royal Bank of Canada (RY) is currently trading at 216.24 USD. Market analysts have a consensus price target of 195.24 USD. This suggests the asset is currently trading above analyst expectations.
In terms of valuation, the stock trades at a P/E ratio of 19.08. This valuation is generally in line with the broader market.
Earnings Schedule: Royal Bank of Canada is expected to release its next earnings report on Aug. 27, 2026. The market consensus estimate for Forward EPS is 12.63.
For income investors, Royal Bank of Canada pays a dividend yield of 2.19%. With a payout ratio of 42%, the dividend appears sustainable.
Yes, it pays an annual dividend of 6.58 USD (2.19% yield).
Royal Bank of Canada is classified as a Stock. You can compare it against 9 other assets in the "Related Symbols" list on this page.
The next earnings date is projected to be Aug. 27, 2026. The company currently has a trailing EPS of 11.02.
Royal Bank of Canada operates as a diversified financial service company worldwide. Its Personal Banking segment offers home equity financing, personal lending, chequing and savings accounts, private banking, auto financing, mutual funds, GICs, credit cards, and payment products and solutions. The company's Commercial Banking segments provides lending, deposit and transaction banking products and services. Its Wealth Management segment provides a suite of wealth, investment, trust, banking, credit, and other solutions to clients; asset management products to institutional and individual clients; and asset and investor services to financial institutions, asset managers, and asset owners. The company's Insurance segment offers life, health, travel, wealth, annuities, property and casualty, and reinsurance advice and solutions; digital platforms; and independent brokers and partners, as well as client-led advice and solutions. The company's Capital Markets segment offers advisory and origination, sales and trading, lending and financing, and transaction banking services to corporations, institutional clients, asset managers, private equity firms, and governments. The company was founded in 1864 and is based in Toronto, Canada.
| Year | Total Dividends |
|---|---|
| ▸2027 |
2.56 USD
|
| May 24, 2027 (estimated) | 1.2896 |
| Feb. 24, 2027 (estimated) | 1.2728 |
| ▸2026 |
4.81 USD
|
| Nov. 24, 2026 (estimated) | 1.1629 |
| Aug. 24, 2026 | 1.2490 |
| May 22, 2026 | 1.2000 |
| Feb. 24, 2026 | 1.1957 |
| ▸2025 |
4.33 USD
|
| Nov. 24, 2025 | 1.1002 |
| Aug. 22, 2025 | 1.1320 |
| May 23, 2025 | 1.0660 |
| Feb. 24, 2025 | 1.0320 |
| ▸2024 |
4.09 USD
|
| Nov. 22, 2024 | 1.0260 |
| Aug. 23, 2024 | 1.0290 |
| May 24, 2024 | 1.0100 |
| Feb. 23, 2024 | 1.0250 |
| ▸2023 |
3.97 USD
|
| Nov. 24, 2023 | 0.9830 |
| Aug. 24, 2023 | 1.0250 |
| May 24, 2023 | 0.9750 |
| Feb. 24, 2023 | 0.9880 |
| ▸2022 |
3.83 USD
|
| Nov. 24, 2022 | 0.9340 |
| Aug. 24, 2022 | 0.9910 |
| May 24, 2022 | 0.9540 |
| Feb. 24, 2022 | 0.9500 |
| ▸2021 |
3.44 USD
|
| Nov. 24, 2021 | 0.8740 |
| Aug. 24, 2021 | 0.8600 |
| May 21, 2021 | 0.8570 |
| Feb. 24, 2021 | 0.8480 |
| ▸2020 |
3.19 USD
|
| Nov. 24, 2020 | 0.8220 |
| Aug. 24, 2020 | 0.8050 |
| May 22, 2020 | 0.7600 |
| Feb. 24, 2020 | 0.8000 |
| ▸2019 |
3.07 USD
|
| Nov. 22, 2019 | 0.8020 |
| Aug. 23, 2019 | 0.7760 |
| May 24, 2019 | 0.7600 |
| Feb. 22, 2019 | 0.7340 |
| ▸2018 |
2.93 USD
|
| Nov. 23, 2018 | 0.7490 |
| Aug. 24, 2018 | 0.7140 |
| May 24, 2018 | 0.7320 |
| Feb. 23, 2018 | 0.7330 |
| ▸2017 |
2.68 USD
|
| Nov. 24, 2017 | 0.7117 |
| Aug. 24, 2017 | 0.6940 |
| May 24, 2017 | 0.6460 |
| Feb. 24, 2017 | 0.6270 |
| ▸2016 |
2.44 USD
|
| Nov. 24, 2016 | 0.6230 |
| Aug. 24, 2016 | 0.6190 |
| May 24, 2016 | 0.6400 |
| Feb. 24, 2016 | 0.5540 |
| ▸2015 |
2.43 USD
|
| Nov. 24, 2015 | 0.6010 |
| Aug. 24, 2015 | 0.5910 |
| May 22, 2015 | 0.6300 |
| Feb. 24, 2015 | 0.6080 |
| ▸2014 |
2.58 USD
|
| Nov. 24, 2014 | 0.6670 |
| Aug. 22, 2014 | 0.6610 |
| May 23, 2014 | 0.6450 |
| Feb. 24, 2014 | 0.6050 |
| ▸2013 |
2.48 USD
|
| Nov. 22, 2013 | 0.6500 |
| Aug. 23, 2013 | 0.6100 |
| May 24, 2013 | 0.6150 |
| Feb. 22, 2013 | 0.6050 |
| ▸2012 |
2.28 USD
|
| Nov. 23, 2012 | 0.6040 |
| Aug. 24, 2012 | 0.5610 |
| May 24, 2012 | 0.5750 |
| Feb. 24, 2012 | 0.5350 |
| ▸2011 |
2.12 USD
|
| Nov. 24, 2011 | 0.5340 |
| Aug. 24, 2011 | 0.5720 |
| May 24, 2011 | 0.5140 |
| Feb. 24, 2011 | 0.5020 |
| ▸2010 |
1.93 USD
|
| Nov. 24, 2010 | 0.4910 |
| Aug. 24, 2010 | 0.4820 |
| May 21, 2010 | 0.4830 |
| Feb. 24, 2010 | 0.4760 |
| ▸2009 |
1.73 USD
|
| Nov. 24, 2009 | 0.4740 |
| Aug. 24, 2009 | 0.4520 |
| May 22, 2009 | 0.4070 |
| Feb. 24, 2009 | 0.3960 |
| ▸2008 |
1.89 USD
|
| Nov. 24, 2008 | 0.4010 |
| Aug. 22, 2008 | 0.4980 |
| May 23, 2008 | 0.4960 |
| Feb. 22, 2008 | 0.4900 |
| ▸2007 |
1.70 USD
|
| Nov. 23, 2007 | 0.5180 |
| Aug. 24, 2007 | 0.4390 |
| May 24, 2007 | 0.4050 |
| Feb. 23, 2007 | 0.3410 |
| ▸2006 |
1.27 USD
|
| Nov. 24, 2006 | 0.3560 |
| Aug. 24, 2006 | 0.3210 |
| May 24, 2006 | 0.3180 |
| Feb. 24, 2006 | 0.2775 |
| ▸2005 |
1.13 USD
|
| Nov. 23, 2005 | 0.2700 |
| Aug. 24, 2005 | 0.3050 |
| May 24, 2005 | 0.2750 |
| Feb. 24, 2005 | 0.2750 |
| ▸2004 |
1.01 USD
|
| Nov. 24, 2004 | 0.2600 |
| Aug. 24, 2004 | 0.2600 |
| May 21, 2004 | 0.2600 |
| Feb. 24, 2004 | 0.2300 |
| ▸2003 |
0.86 USD
|
| Nov. 24, 2003 | 0.2300 |
| Aug. 22, 2003 | 0.2150 |
| May 23, 2003 | 0.2150 |
| Feb. 24, 2003 | 0.2000 |
| ▸2002 |
0.76 USD
|
| Nov. 22, 2002 | 0.2000 |
| Aug. 23, 2002 | 0.1900 |
| May 24, 2002 | 0.1900 |
| Feb. 22, 2002 | 0.1800 |
| ▸2001 |
0.69 USD
|
| Nov. 23, 2001 | 0.1800 |
| Aug. 24, 2001 | 0.1800 |
| May 24, 2001 | 0.1650 |
| Feb. 23, 2001 | 0.1650 |
| ▸2000 |
0.57 USD
|
| Nov. 24, 2000 | 0.1500 |
| Aug. 24, 2000 | 0.1500 |
| May 24, 2000 | 0.1350 |
| Feb. 24, 2000 | 0.1350 |
| ▸1999 |
0.47 USD
|
| Nov. 24, 1999 | 0.1200 |
| Aug. 24, 1999 | 0.1200 |
| May 21, 1999 | 0.1150 |
| Feb. 24, 1999 | 0.1150 |
| ▸1998 |
0.44 USD
|
| Nov. 24, 1998 | 0.1150 |
| Aug. 24, 1998 | 0.1150 |
| May 22, 1998 | 0.1050 |
| Feb. 24, 1998 | 0.1050 |
| ▸1997 |
0.38 USD
|
| Nov. 24, 1997 | 0.0975 |
| Aug. 22, 1997 | 0.0975 |
| May 23, 1997 | 0.0925 |
| Feb. 24, 1997 | 0.0925 |
| ▸1996 |
0.65 USD
|
| Nov. 22, 1996 | 0.0850 |
| Aug. 23, 1996 | 0.0850 |
| May 24, 1996 | 0.2497 |
| Feb. 23, 1996 | 0.2265 |
| ▸1995 |
0.86 USD
|
| Nov. 24, 1995 | 0.2268 |
| Aug. 24, 1995 | 0.2132 |
| May 24, 1995 | 0.2118 |
| Feb. 24, 1995 | 0.2039 |
| ▸1994 |
0.85 USD
|
| Nov. 24, 1994 | 0.2141 |
| Aug. 24, 1994 | 0.2102 |
| May 24, 1994 | 0.2091 |
| Feb. 24, 1994 | 0.2213 |
| ▸1993 |
0.90 USD
|
| Nov. 24, 1993 | 0.2190 |
| Aug. 24, 1993 | 0.2268 |
| May 21, 1993 | 0.2310 |
| Feb. 24, 1993 | 0.2270 |
| ▸1992 |
0.97 USD
|
| Nov. 24, 1992 | 0.2339 |
| Aug. 24, 1992 | 0.2433 |
| May 22, 1992 | 0.2458 |
| Feb. 24, 1992 | 0.2514 |
| ▸1991 |
1.01 USD
|
| Nov. 22, 1991 | 0.2571 |
| Aug. 23, 1991 | 0.2516 |
| May 24, 1991 | 0.2517 |
| Feb. 22, 1991 | 0.2504 |
| ▸1990 |
1.24 USD
|
| Nov. 23, 1990 | 0.2474 |
| Aug. 24, 1990 | 0.2516 |
| May 24, 1990 | 0.2494 |
| Feb. 23, 1990 | 0.4957 |
| ▸1989 |
0.93 USD
|
| Nov. 24, 1989 | 0.4679 |
| Aug. 24, 1989 | 0.4620 |
| Name | Payment Date | Status | Amount |
|---|---|---|---|
| Royal Bank of Canada | Aug 24, 2026 | Upcoming | 1.249 USD |
| Royal Bank of Canada | May 22, 2026 | Paid | 1.2 USD |
| Royal Bank of Canada | Feb 24, 2026 | Paid | 1.19572 USD |
| Royal Bank of Canada | Nov 24, 2025 | Paid | 1.10018 USD |
| Split Date | Split Ratio to 1 |
|---|---|
| Oct. 6, 2000 | 2.000000 |
| April 7, 2006 | 2.000000 |
Community Discussion