TORONTO, May 30, 2024 /CNW/ - Royal Bank of Canada (TSX: RY) (NYSE: RY) announced today that its board of directors has declared an increase to its quarterly common share dividend of four cents, or three per cent, to $1.42 per share, payable on and after August 23, 2024, to common shareholders of record at the close of business on July 25, 2024.

RBC Logo (CNW Group/Royal Bank of Canada)

The board also declared dividends for the following Non-Cumulative First Preferred Shares, payable on and after August 23, 2024, to shareholders of record at the close of business on July 25, 2024.

  • Series BB Dividend No. 41 of $0.228125 per share.
  • Series BD Dividend No. 38 of $0.20 per share.
  • Series BF Dividend No. 37 of $0.1875 per share.
  • Series BH Dividend No. 36 of $0.30625 per share.
  • Series BI Dividend No. 36 of $0.30625 per share.
  • Series BO Dividend No. 23 of $0.3678125 per share.

The board also declared dividends for the following Non-Cumulative First Preferred Shares, payable on and after August 23, 2024, to shareholders of record at the close of business on August 16, 2024.

  • Series BT Dividend No. 6 of $21.00 per share.
  • Series BU Dividend No. 1 of $43.12876712 per share.

SOURCE Royal Bank of Canada

Copyright 2024 Canada NewsWire

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