Royal Bank of Canada (TSE:RY) Stock to Pay Quarterly Dividend of $1.76

Royal Bank of Canada (TSE:RY) (NYSE:RY) announced a quarterly dividend on Monday, October 26th. Stockholders of record on Tuesday, November 24th will be given a dividend of $1.76 per share by the financial services provider on Tuesday, November 24th. This represents a $7.04 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Monday, October 26th.

Royal Bank of Canada Stock Down 0.4%

Shares of Royal Bank of Canada stock traded down C$1.01 during trading on Friday, reaching C$281.77. The company’s stock had a trading volume of 2,975,619 shares, compared to its average volume of 3,461,987. Royal Bank of Canada has a 12-month low of C$201.76 and a 12-month high of C$306.38. The company has a market capitalization of C$390.09 billion, a P/E ratio of 17.77, a price-to-earnings-growth ratio of 3.42 and a beta of 0.97. The business has a 50 day moving average price of C$283.33 and a 200-day moving average price of C$276.08.

Royal Bank of Canada (TSE:RY) (NYSE:RY) last announced its quarterly earnings data on Thursday, August 27th. The financial services provider reported C$4.28 earnings per share for the quarter. The firm had revenue of C$18.54 billion for the quarter. Royal Bank of Canada had a return on equity of 16.11% and a net margin of 15.92%. Research analysts predict that Royal Bank of Canada will post 12.35 EPS for the current fiscal year.

Royal Bank of Canada Company Profile

Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 101,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 19 million clients in Canada, the U.S.