RY Stock — Royal Bank of Canada

Royal Bank of Canada (RY)

RY is a Stock. As of September 3, 2026, its distribution rate is 2.24%, its trailing-12-month yield is 2.22%. Dividend Vision Distribution Safety Score™ is 100/100 (Safe). Total return is 10865.9% over the past 30.9 years, 8708.4 points ahead of SPY at 2157.5%.

At the current 2.24% distribution rate, a $10,000 investment would generate approximately $224 per year, or $18.67 per month on an equivalent basis. Actual quarterly payments vary.

Royal Bank of Canada is a diversified financial services company offering personal banking, commercial banking, wealth management, insurance, and capital markets services to clients worldwide. The company has a modest current distribution rate paid quarterly. Royal Bank appeals to income investors seeking exposure to Canadian banking and financial services with regular dividend income.

RY performance versus SPY

Data as of September 3, 2026.

Total return is 10865.9% over the past 30.9 years, 8708.4 points ahead of SPY at 2157.5%. Its deepest 1-year drawdown was 10.0%.

RY key facts

Data as of September 3, 2026.

Distribution Safety Score™

100 · Safe

Safety-Adjusted Yield

2.24%

Asset type

Stock

Asset class

Equity

Inception date

10/16/1995

Distribution rate

2.24%

Distribution frequency

Quarterly

Trailing yield

2.22%

5-year average yield

3.49

Last close

$212.07

Market cap

$293,596,027,474

Average volume

1033255.0

Next dividend

$1.2675

Next ex-dividend date

10/26/2026

Next payment date

11/24/2026

Beta

0.932

Payout ratio

0.3711

P/E ratio

18.57

Forward P/E

16.1551

EPS

$11.42

How Dividend Vision calculates yield and returns

Distribution rate (2.24%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (2.22%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss. Figures below use Dividend Vision data as of September 3, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of September 3, 2026.

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

RY risks and drawbacks

RY's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 10.0%.

Who may consider RY — and who may not

RY may suit someone looking for a high Distribution Safety Score, moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (RY pays quarterly); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

Frequently asked questions