Royal Bank of Canada (TSE:RY – Get Free Report) (NYSE:RY) announced a quarterly dividend on Monday, October 26th. Shareholders 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 yield of 2.5%. The ex-dividend date is Monday, October 26th.
Royal Bank of Canada Stock Down 0.4%
Shares of Royal Bank of Canada stock traded down C$1.01 on Friday, reaching C$281.77. 2,975,619 shares of the stock were exchanged, compared to its average volume of 3,461,987. Royal Bank of Canada has a twelve month low of C$201.76 and a twelve month high of C$306.38. The firm has a market capitalization of C$390.09 billion, a price-to-earnings ratio of 17.77, a PEG 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 two-hundred day moving average price of C$276.08.
Royal Bank of Canada (TSE:RY – Get Free Report) (NYSE:RY) last posted its quarterly earnings results on Thursday, August 27th. The financial services provider reported C$4.28 earnings per share (EPS) for the quarter. The company had revenue of C$18.54 billion during the quarter. Royal Bank of Canada had a net margin of 15.92% and a return on equity of 16.11%. Research analysts forecast that Royal Bank of Canada will post 12.35 EPS for the current year.
About Royal Bank of Canada
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.
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