Dividends

Upcoming ex-dividend dates, recent cuts and initiations across 10+ years of US dividend history.
Royal Bank of Canada (RY) — Dividend Profile
Finance·Commercial Banks
11y payment streakActiveQuarterly
Forward Yield
3.38%
@ $194.04
TTM Yield
3.28%
Forward Annual
$6.56
Quarterly
Market Cap
—
Payout (FCF)
—
Payout (Earnings)
—
Latest Amount
$1.6400
Ex 2026-04-23
3y CAGR
-15.0%
5y CAGR
-5.4%
10y CAGR
3.0%
Next Ex-Date
2026-07-27
Dividend Safety Forensics
Composite of six quantitative scores plus a 5-point yield-trap framework. Each axis contributes independently; the overall label is the aggregate.
Forensics: CleanYield Trap: Green0 of 6 red flags · 0 of 5 trap signals
Score breakdown
Altman Z (bankruptcy)
Distance from bankruptcy. Safe > 2.99, Distress < 1.81.
Grey (2.92)
Ohlson O (default prob)
Estimated 1-year probability of financial distress.
Elevated (33.5%)
Piotroski F-Score
Fundamental quality (9 binary criteria). 7+ strong, 3- weak.
6/9 (Moderate)
Beneish M (manipulation)
Detects accounting manipulation signals in earnings.
Clean
Dividend Safety (EQ)
Composite from payout ratio, FCF coverage, accrual quality.
Safe
FCF Coverage
Free cash flow divided by dividends. 2.0× = strong cushion.
5.99×
Yield-trap signals (5-point Benzinga framework)
Payout > 100%
Paying out more than it earns over TTM.
✓ OK
FCF coverage < 1.0×
Free cash flow doesn't fully cover the dividend.
✓ OK
Yield > 2× sector median
Yield well above peers — often a sign of price collapse, not premium income.
✓ OK
High leverage (D/E > 2)
Debt-to-equity above 2× — limits flexibility if cash flow dips.
✓ OK
6m return < -25%
Current 6m return: +19.4%
✓ OK
Dividend Capture Stats
Measures how this stock has historically behaved around its ex-dividend dates over the last 10 years. Pre-tax, pre-commission, before-slippage. Based on 25 settled events.
Median Ex-Date Drop
-1.25%
Pre-close → ex-close. Clean ex-dates drop by ~the dividend amount.
Recovery Rate
88%
22 of 25 events recovered within 90 days
Median Recovery Time
6 days
2 – 14 days IQR
Avg Capture Yield
1.27%
Per-cycle return when capture succeeds
Disclaimer: Historical capture statistics are descriptive, not predictive. Past recovery patterns don’t guarantee future ones. The "naive capture" math also ignores taxes (qualified-dividend treatment vs. short-term gains can swing outcomes significantly).
Annual dividends per share
Sum of recurring per-share payments per calendar year. Current year is partial.
Cumulative per-share payments
Full dividend history (41)
Ex-Date▼AmountFrequencyPay DateType
2026-07-27$1.7600Quarterly2026-08-24recurring
2026-04-23$1.6400Quarterly2026-05-22recurring
2026-01-26$1.6400Quarterly2026-02-24recurring
2025-10-27$1.5400Quarterly2025-11-24recurring
2025-07-24$1.5400Quarterly2025-08-22recurring
2025-01-27$1.4800Quarterly2025-02-24recurring
2024-10-24$1.4200Quarterly2024-11-22recurring
2024-07-25$1.4200Quarterly2024-08-23recurring
2024-04-24$1.3800Quarterly2024-05-24recurring
2024-01-24$1.3800Quarterly2024-02-23recurring
2023-10-25$1.3500Quarterly2023-11-24recurring
2023-07-25$1.3500Quarterly2023-08-24recurring
2023-04-24$1.3200Quarterly2023-05-24recurring
2023-01-25$1.3200Quarterly2023-02-24recurring
2022-10-25$1.2800Quarterly2022-11-24recurring
2022-07-25$1.2800Quarterly2022-08-24recurring
2022-04-22$1.2000Quarterly2022-05-24recurring
2022-01-25$1.2000Quarterly2022-02-24recurring
2021-10-25$1.0800Quarterly2021-11-24recurring
2021-07-23$1.0800Quarterly2021-08-24recurring
2021-04-21$1.0800Quarterly2021-05-21recurring
2021-01-25$1.0800Quarterly2021-02-24recurring
2020-10-23$1.0800Quarterly2020-11-24recurring
2020-07-24$1.0800Quarterly2020-08-24recurring
2020-04-22$1.0800Quarterly2020-05-22recurring
2020-01-24$1.0500Quarterly2020-02-24recurring
2019-10-23$1.0500Quarterly2019-11-22recurring
2019-07-24$1.0200Quarterly2019-08-23recurring
2019-04-24$1.0200Quarterly2019-05-24recurring
2019-01-23$0.9800Quarterly2019-02-22recurring
2018-10-24$0.9800Quarterly2018-11-23recurring
2018-07-25$0.9400Quarterly2018-08-24recurring
2018-04-24$0.9400Quarterly2018-05-24recurring
2018-01-24$0.9100Quarterly2018-02-23recurring
2017-10-25$0.9100Quarterly2017-11-24recurring
2017-07-24$0.8700Quarterly2017-08-24recurring
2017-04-21$0.8700Quarterly2017-05-24recurring
2017-01-24$0.8300Quarterly2017-02-24recurring
2016-10-24$0.8300Quarterly2016-11-24recurring
2016-07-22$0.8100Quarterly2016-08-24recurring
2016-04-21$0.8100Quarterly2016-05-24recurring
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