A number of firms have modified their ratings and price targets on shares of Royal Bank Of Canada (NYSE: RY) recently:
- 6/1/2026 – Royal Bank Of Canada was upgraded by Weiss Ratings from “buy (b)” to “buy (b+)”.
- 6/1/2026 – Royal Bank Of Canada had its “outperform” rating reaffirmed by Scotiabank.
- 5/29/2026 – Royal Bank Of Canada had its “buy” rating reaffirmed by TD Securities.
- 5/29/2026 – Royal Bank Of Canada had its “neutral” rating reaffirmed by Canadian Imperial Bank of Commerce.
- 5/18/2026 – Royal Bank Of Canada was downgraded by Weiss Ratings from “buy (b+)” to “buy (b)”.
- 5/12/2026 – Royal Bank Of Canada was downgraded by Raymond James Financial, Inc. from “outperform” to “market perform”.
- 5/4/2026 – Royal Bank Of Canada had its “buy (b+)” rating reaffirmed by Weiss Ratings.
- 5/4/2026 – Royal Bank Of Canada had its “outperform” rating reaffirmed by Scotiabank.
Royal Bank Of Canada Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 24th. Shareholders of record on Monday, July 27th will be issued a dividend of $1.76 per share. The ex-dividend date is Monday, July 27th. This represents a $7.04 annualized dividend and a yield of 3.5%. This is a boost from Royal Bank Of Canada’s previous quarterly dividend of $1.64. Royal Bank Of Canada’s dividend payout ratio (DPR) is presently 42.41%.
RBC operates across several principal business segments including personal and commercial banking, wealth management, insurance, investor and treasury services, capital markets, and global asset management.
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