The Royal Bank of Canada (RY) will distribute a quarterly dividend of 0.83 CAD. This is an increase of two per cent to the previous amount (0.81 CAD).
In the full year extrapolated shareholders will receive 3.32 CAD. At the current market price of 82.23 CAD (As of August 26, 2016), the current dividend yield is 4.04 percent. Canada's largest bank corporation will pay the quarterly dividend on 24 November 206 (Record Date: October 26, 2016).