Royal Bank of Canada Increases Dividend by 7.3% and Announces Share Buyback Plan
The Royal Bank of Canada (RY) has raised its quarterly dividend from CAD 1.64 to CAD 1.76 per share, a 7.3% increase. The new dividend will be payable on August 24 for shareholders recorded as of July 27. Additionally, the bank plans to repurchase up to 45 million shares.
Tickers: $RY
Topics: dividends shareholder_returns