$206.44
+1.65 (+0.81%)
Dividend Overview
2.43%
Dividend Yield
+1.13% vs S&P 500 avg
$6.25
Annual Dividend
Per Payment$3.13
Frequencysemi-annual
Payout Ratio43.2%
Ex-DividendApr 16, 2026
Pay DateApr 28, 2026
Stock Price$206.44
Yield on Cost If you bought at that price, what would your yield be today?
Dividend Income Calculator
If you invest $10,000 in RY at $206.44/share
Monthly
$25.01
Quarterly
$75.04
Annually
$300.15
48 shares Based on current price of $206.44 per share
To earn $100/month in dividends
You would need 192 shares
$39,636.48
investment needed
Dividend Safety
Safe 43.2% payout ratio
Safe Moderate High

A payout ratio under 60% suggests the dividend is well-covered by earnings with room to grow.

Dividend Comparison — Banking
Stock Yield Annual Div Payout Ratio Price
HDB
HDFC Bank Limited
1.38% $12.95 20.9% $25.90
IBN
ICICI Bank Limited
0.86% $9.96 13.8% $29.20
JPM
JPMorgan Chase & Co
1.79% $6.05 29.1% $328.62
BAC
Bank of America Corp
1.92% $1.29 31.3% $57.18
RY
Royal Bank Of Canada
2.43% $6.25 43.2% $206.44
TD
Toronto-Dominion Bank
2.53% $4.46 37.3% $121.06
WFC
Wells Fargo & Co
2.27% $2.03 30.4% $82.81
C
Citigroup Inc
1.66% $2.96 37.6% $140.44
BMO
Bank Of Montreal
2.76% $7.00 57.8% $176.23
BNS
Bank Of Nova Scotia
3.72% $4.74 75.4% $86.61