TORONTO, Dec. 4, 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 six cents, or four per cent, to $1.48 per share, payable on and after February 24, 2025, to common shareholders of record at the close of business on January 27, 2025.

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The board also declared dividends for the following Non-Cumulative First Preferred Shares, payable on and after February 24, 2025, to shareholders of record at the close of business on January 27, 2025.

  • Series BD  Dividend No. 40  of  $0.20 per share.
  • Series BF  Dividend No. 39  of  $0.1875 per share.
  • Series BH  Dividend No. 38  of  $0.30625 per share.
  • Series BI  Dividend No. 38  of  $0.30625 per share.
  • Series BO  Dividend No. 25  of  $0.3678125 per share.

The board also declared dividends for the following Non-Cumulative First Preferred Shares, payable on and after February 24, 2025, to shareholders of record at the close of business on February 17, 2025.

  • Series BT  Dividend No. 7  of  $21.00 per share.
  • Series BU  Dividend No. 2  of  $37.04 per share.

For further information, please contact:

Investor Contact:
Asim Imran, Investor Relations, asim.imran@rbc.com, 416-955-7804

Media Contact:
Fiona McLean, Financial Communications, fiona.mclean@rbc.com, 437-778-3506

SOURCE Royal Bank of Canada

Copyright 2024 Canada NewsWire

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