On Thursday, May 28, 2026, the Board of Directors of Royal Bank of Canada (TSE: RY) announced a quarterly dividend increase from C$1.64 to C$1.76 per share. The dividend will be payable on August 24, 2026, to shareholders of record as of July 27, 2026. This represents a 7.32% increase over the previous quarterly dividend.
This marks RY’s second dividend increase within the past year. In December 2025, the bank raised its quarterly dividend from C$1.54 to C$1.64, a 6.49% increase. Combined, these two increases result in a total dividend growth of 14.3% over the past 12 months, which is an excellent outcome.






