What is the current annual payout ratio of RY?

As of today, RY annual payout ratio is 43.20%

What is 1-year change in RY annual payout ratio?

RY annual payout ratio is up +5.70% year-over-year

What is 3-year change in RY annual payout ratio?

RY annual payout ratio is down -1.89% over the past 3 years

How far is RY annual payout ratio from its all-time high?

RY annual payout ratio is currently -88.58% below its historical high of 378.13% set on October 1, 1992

How does RY annual payout ratio rank versus sector peers?

RY annual payout ratio is higher than 66.08% of companies in Financial Services sector

When is RY next annual earnings release?

As of today, the next annual earnings release for RY has not been scheduled

What is RY next ex-dividend date?

The next ex-dividend date for RY is January 26, 2026

What is the current TTM payout ratio of RY?

As of today, RY TTM payout ratio is 43.01%

What is RY TTM payout ratio most recent change?

RY TTM payout ratio remained unchanged on January 16, 2026

What is 1-year change in RY TTM payout ratio?

RY TTM payout ratio is down -13.11% year-over-year

How far is RY TTM payout ratio from its all-time high?

RY TTM payout ratio is currently -55.76% below its historical high of 97.22% set on October 22, 2009

How does RY TTM payout ratio rank versus sector peers?

RY TTM payout ratio is higher than 84.45% of companies in Financial Services sector

When is RY next earnings release?

The next earnings release for RY is on February 26, 2026

What is RY next ex-dividend date?

The next ex-dividend date for RY is January 26, 2026

What is the current quarterly payout ratio of RY?

As of today, RY quarterly payout ratio is 40.96%

What is RY quarterly payout ratio most recent change?

RY quarterly payout ratio was down -5.27% on October 1, 2025

What is 1-year change in RY quarterly payout ratio?

RY quarterly payout ratio is down -18.23% year-over-year

How far is RY quarterly payout ratio from its all-time high?

RY quarterly payout ratio is currently -61.14% below its historical high of 105.40% set on April 30, 2020

How does RY quarterly payout ratio rank versus sector peers?

RY quarterly payout ratio is higher than 82.46% of companies in Financial Services sector

When is RY next earnings release?

The next earnings release for RY is on February 26, 2026

What is RY next ex-dividend date?

The next ex-dividend date for RY is January 26, 2026

RY Payout Ratio History & Chart Since 1980

Annual Payout Ratio

43.20%2.33%+5.70%

October 1, 2025

Summary

Current Value: As of today, RY annual payout ratio is 43.20%, up +5.70% on October 1, 2025
Historical Performance: RY annual payout ratio is down -1.89% over the past 3 years, and down -21.98% over the past 5 years
All-Time High Comparison: RY annual payout ratio is currently -88.58% below its historical high of 378.13% set on October 1, 1992
3-Year Low Comparison: RY annual payout ratio is +13.74% above its 3-year low of 37.98% reached on October 31, 2023
Sector Comparison: RY annual payout ratio is higher than 66.08% of companies in Financial Services sector

Payout Ratio Chart

Performance

RY Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Payout Ratio	Oct 1, 25	43.20%	+5.7%	-1.9%	-22.0%	-21.6%
Quarterly Payout Ratio	Oct 1, 25	40.96%	-18.2%	-13.7%	-17.1%	-39.3%
TTM Payout Ratio	Jan 16, 26	43.01%	-13.1%	-3.5%	-21.2%	-26.4%
Price	Jan 16, 26	$169.18	+40.9%	+68.7%	+98.9%	+211.0%
Annual Dividend Yield	Jan 16, 26	2.51%	-26.4%	-34.3%	-33.1%	-29.7%
Annual Dividends Paid	Oct 1, 25	$6.28B	+28.9%	+16.3%	+33.5%	+122.3%
Annual Dividend Per Share	Oct 1, 25	$4.25	+3.9%	+11.0%	+33.3%	+118.7%
Annual Free Cash Flow	Oct 1, 25	$13.88B	+137.8%	-77.5%	+24.9%	+41.0%
Annual Revenue	Oct 1, 25	$97.16B	-0.7%	+89.9%	+117.4%	+179.9%
Annual EPS	Oct 1, 25	$10.05	+21.6%	+17.1%	+72.9%	+201.5%

Payout Ratio Highs

RY Annual Payout Ratio Highs Comparison
Period	High	Date	Current
3Y	44.03%	N/A	-1.9%
5Y	55.37%	N/A	-22.0%
All	378.13%	Oct 1, 92	-88.6%

Payout Ratio Lows

RY Annual Payout Ratio Lows Comparison
Period	Low	Date	Current
3Y	37.98%	Oct 31, 23	+13.7%
5Y	37.98%	Oct 31, 23	+13.7%
All	28.88%	Oct 1, 80	+49.6%

Payout Ratio History

Year	Value	Change
2025	43.20%	+5.7%
2024	40.87%	+7.6%
2023	37.98%	-13.7%
2022	44.03%	+10.1%
2021	40.00%	-27.8%
2020	55.37%	+18.3%
2019	46.81%	+3.2%
2018	45.37%	-2.0%
2017	46.29%	-3.1%
2016	47.78%	+5.0%
2015	45.52%	-2.7%
2014	46.77%	+3.5%
2013	45.20%	+4.8%
2012	43.11%	-0.9%
2011	43.50%	-21.1%
2010	55.13%	-20.5%
2009	69.33%	+19.6%
2008	57.98%	+43.4%
2007	40.44%	+7.4%
2006	37.64%	-12.3%
2005	42.90%	+0.5%
2004	42.67%	+13.2%
2003	37.71%	-2.0%

Year	Value	Change
2002	38.47%	-0.3%
2001	38.60%	+11.9%
2000	34.48%	-17.2%
1999	41.64%	+15.0%
1998	36.21%	+6.0%
1997	34.17%	-10.1%
1996	38.00%	-8.7%
1995	41.63%	-5.6%
1994	44.11%	-72.0%
1993	157.45%	-58.4%
1992	378.13%	+731.2%
1991	45.49%	+2.3%
1990	44.47%	-36.1%
1989	69.58%	+18.0%
1988	58.99%	+1.8%
1987	57.93%	+1.5%
1986	57.08%	+4.5%
1985	54.61%	-0.3%
1984	54.78%	+20.9%
1983	45.31%	-19.4%
1982	56.23%	+83.3%
1981	30.68%	+6.2%
1980	28.88%	-

FAQ

What is the current annual payout ratio of RY?
As of today, RY annual payout ratio is 43.20%
What is 1-year change in RY annual payout ratio?
RY annual payout ratio is up +5.70% year-over-year
What is 3-year change in RY annual payout ratio?
RY annual payout ratio is down -1.89% over the past 3 years
How far is RY annual payout ratio from its all-time high?
RY annual payout ratio is currently -88.58% below its historical high of 378.13% set on October 1, 1992
How does RY annual payout ratio rank versus sector peers?
RY annual payout ratio is higher than 66.08% of companies in Financial Services sector
When is RY next annual earnings release?
As of today, the next annual earnings release for RY has not been scheduled
What is RY next ex-dividend date?
The next ex-dividend date for RY is January 26, 2026

TTM Payout Ratio

43.01%0.00%0.00%

January 16, 2026

Summary

Current Value: As of today, RY TTM payout ratio is 43.01%, unchanged on January 16, 2026
Historical Performance: RY TTM payout ratio is down -13.11% year-over-year, and down -3.48% over the past 3 years
All-Time High Comparison: RY TTM payout ratio is currently -55.76% below its historical high of 97.22% set on October 22, 2009
3-Year Low Comparison: RY TTM payout ratio is +34.24% above its 3-year low of 32.04% reached on October 24, 2025
Sector Comparison: RY TTM payout ratio is higher than 84.45% of companies in Financial Services sector

Performance

RY Performance
Metric	Date	Value	3M	1Y	3Y	5Y
TTM Payout Ratio	Jan 16, 26	43.01%	+1.8%	-13.1%	-3.5%	-21.2%
Quarterly Payout Ratio	Oct 1, 25	40.96%	-5.3%	-18.2%	-13.7%	-17.1%
Annual Payout Ratio	Oct 1, 25	43.20%	–	+5.7%	-1.9%	-22.0%
Price	Jan 16, 26	$169.18	+16.4%	+40.9%	+68.7%	+98.9%
TTM Dividend Yield	Jan 16, 26	2.56%	-12.3%	-24.9%	-33.0%	-31.7%
TTM Dividends Paid	Oct 1, 25	$6.34B	+0.9%	+30.2%	+17.4%	+34.7%
TTM Dividend Per Share	Jan 16, 26	$4.33	+1.8%	+5.8%	+13.0%	+35.7%
TTM Free Cash Flow	Oct 1, 25	$14.01B	+140.3%	+138.3%	-76.8%	+22.7%
TTM Revenue	Oct 1, 25	$97.16B	+0.3%	-0.7%	+90.4%	+117.2%
TTM EPS	Oct 1, 25	$10.06	+6.1%	+21.7%	+17.1%	+72.3%

TTM Payout Ratio Highs

RY TTM Payout Ratio Highs Comparison
Period	High	Date	Current
1Y	58.58%	Jul 24, 25	-26.6%
3Y	65.29%	Jan 24, 24	-34.1%
5Y	67.35%	Apr 21, 21	-36.1%
All	97.22%	Oct 22, 09	-55.8%

TTM Payout Ratio Lows

RY TTM Payout Ratio Lows Comparison
Period	Low	Date	Current
1Y	32.04%	Oct 24, 25	+34.2%
3Y	32.04%	Oct 24, 25	+34.2%
5Y	29.89%	Apr 21, 22	+43.9%
All	23.15%	Jul 22, 98	+85.8%

TTM Payout Ratio History

Month	Value	Change
Jan 2026	43.01%	+1.8%
Oct 2025	42.24%	-5.7%
Jul 2025	44.81%	-2.6%
Apr 2025	46.02%	+0.0%
Jan 2025	46.00%	-7.1%
Oct 2024	49.50%	-0.1%
Jul 2024	49.55%	-2.6%
Apr 2024	50.85%	-0.4%
Jan 2024	51.07%	-1.6%
Oct 2023	51.88%	+1.5%
Jul 2023	51.09%	-0.3%
Apr 2023	51.22%	+6.1%
Jan 2023	48.26%	+8.3%
Oct 2022	44.56%	+2.4%
Jul 2022	43.50%	+9.1%
Apr 2022	39.87%	+1.1%
Jan 2022	39.44%	+1.0%
Oct 2021	39.06%	-3.6%
Jul 2021	40.53%	-8.2%
Apr 2021	44.16%	-17.1%
Jan 2021	53.26%	-2.5%
Oct 2020	54.61%	+0.0%
Jul 2020	54.59%	+2.1%
Apr 2020	53.47%	+15.8%
Jan 2020	46.17%	-1.0%
Oct 2019	46.64%	+2.3%
Jul 2019	45.57%	+1.1%
Apr 2019	45.07%	+0.4%
Jan 2019	44.88%	-0.4%
Oct 2018	45.04%	-1.8%
Jul 2018	45.86%	-2.6%
Apr 2018	47.10%	-0.7%
Jan 2018	47.44%	+2.0%
Oct 2017	46.51%	-0.7%
Jul 2017	46.82%	+3.9%
Apr 2017	45.06%	-2.3%
Jan 2017	46.13%	-3.1%
Oct 2016	47.62%	+2.1%
Jul 2016	46.65%	-1.1%
Apr 2016	47.18%	+2.3%
Jan 2016	46.10%	+2.7%
Oct 2015	44.87%	-0.8%
Jul 2015	45.25%	-0.3%
Apr 2015	45.39%	-0.8%
Jan 2015	45.76%	-2.1%
Oct 2014	46.72%	-0.7%
Jul 2014	47.03%	+2.2%
Apr 2014	46.04%	-0.3%
Jan 2014	46.19%	+1.1%
Oct 2013	45.70%	+0.7%
Jul 2013	45.38%	+1.5%
Apr 2013	44.69%	-3.1%
Jan 2013	46.12%	-0.3%
Oct 2012	46.27%	-1.9%
Jul 2012	47.15%	-8.6%
Apr 2012	51.61%	+3.0%
Jan 2012	50.11%	+2.7%

Month	Value	Change
Oct 2011	48.80%	-5.7%
Jul 2011	51.74%	-2.2%
Apr 2011	52.90%	-3.4%
Jan 2011	54.74%	-6.4%
Oct 2010	58.48%	+2.1%
Jul 2010	57.25%	+4.8%
Apr 2010	54.62%	-22.1%
Jan 2010	70.16%	-10.1%
Oct 2009	78.07%	+3.4%
Jul 2009	75.52%	-2.9%
Apr 2009	77.75%	+27.5%
Jan 2009	60.99%	+7.1%
Oct 2008	56.96%	+1.7%
Jul 2008	56.00%	+5.0%
Apr 2008	53.34%	+9.0%
Jan 2008	48.95%	+9.5%
Oct 2007	44.69%	+6.3%
Jul 2007	42.04%	+3.9%
Apr 2007	40.48%	+4.0%
Jan 2007	38.91%	-2.1%
Oct 2006	39.74%	-10.4%
Jul 2006	44.34%	-2.9%
Apr 2006	45.66%	+0.7%
Jan 2006	45.33%	-1.3%
Oct 2005	45.92%	+5.0%
Jul 2005	43.75%	-3.1%
Apr 2005	45.14%	-3.4%
Jan 2005	46.73%	-4.0%
Oct 2004	48.68%	+11.5%
Jul 2004	43.67%	+6.9%
Apr 2004	40.85%	+1.1%
Jan 2004	40.41%	+1.6%
Oct 2003	39.79%	+1.2%
Jul 2003	39.33%	-1.9%
Apr 2003	40.10%	+2.6%
Jan 2003	39.10%	+1.1%
Oct 2002	38.69%	-1.3%
Oct 2001	39.21%	+20.0%
Oct 2000	32.68%	-12.9%
Oct 1999	37.51%	-1.7%
Jul 1999	38.16%	+0.4%
Apr 1999	38.00%	+5.4%
Jan 1999	36.07%	+10.1%
Oct 1998	32.77%	+3.3%
Jul 1998	31.71%	+3.2%
Apr 1998	30.72%	+0.1%
Jan 1998	30.68%	-1.6%
Oct 1997	31.19%	+0.5%
Jul 1997	31.02%	-2.1%
Apr 1997	31.68%	-3.4%
Jan 1997	32.80%	+1.3%
Oct 1996	32.38%	-2.5%
Jul 1996	33.20%	+0.2%
Apr 1996	33.12%	+0.1%
Jan 1996	33.09%	-1.1%
Oct 1995	33.46%	-

FAQ

What is the current TTM payout ratio of RY?
As of today, RY TTM payout ratio is 43.01%
What is RY TTM payout ratio most recent change?
RY TTM payout ratio remained unchanged on January 16, 2026
What is 1-year change in RY TTM payout ratio?
RY TTM payout ratio is down -13.11% year-over-year
How far is RY TTM payout ratio from its all-time high?
RY TTM payout ratio is currently -55.76% below its historical high of 97.22% set on October 22, 2009
How does RY TTM payout ratio rank versus sector peers?
RY TTM payout ratio is higher than 84.45% of companies in Financial Services sector
When is RY next earnings release?
The next earnings release for RY is on February 26, 2026
What is RY next ex-dividend date?
The next ex-dividend date for RY is January 26, 2026

Quarterly Payout Ratio

40.96%2.28%-5.27%

October 1, 2025

Summary

Current Value: As of today, RY quarterly payout ratio is 40.96%, down -5.27% on October 1, 2025
Historical Performance: RY quarterly payout ratio is down -18.23% year-over-year, and down -13.68% over the past 3 years
All-Time High Comparison: RY quarterly payout ratio is currently -61.14% below its historical high of 105.40% set on April 30, 2020
3-Year Low Comparison: RY quarterly payout ratio is +40.71% above its 3-year low of 29.11% reached on October 31, 2023
Sector Comparison: RY quarterly payout ratio is higher than 82.46% of companies in Financial Services sector

Performance

RY Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Payout Ratio	Oct 1, 25	40.96%	-5.3%	-18.2%	-13.7%	-17.1%
Annual Payout Ratio	Oct 1, 25	43.20%	–	+5.7%	-1.9%	-22.0%
TTM Payout Ratio	Jan 16, 26	43.01%	+1.8%	-13.1%	-3.5%	-21.2%
Price	Jan 16, 26	$169.18	+16.4%	+40.9%	+68.7%	+98.9%
TTM Dividend Yield	Jan 16, 26	2.56%	-12.3%	-24.9%	-33.0%	-31.7%
Quarterly Dividends Paid	Oct 1, 25	$1.60B	-5.9%	+3.5%	+15.8%	+32.3%
TTM Dividend Per Share	Jan 16, 26	$4.33	+1.8%	+5.8%	+13.0%	+35.7%
Quarterly Free Cash Flow	Oct 1, 25	$654.61M	-87.1%	+101.4%	-98.6%	-94.8%
Quarterly Revenue	Oct 1, 25	$24.87B	-0.7%	+1.1%	+58.4%	+147.4%
Quarterly EPS	Oct 1, 25	$2.71	-0.8%	+27.0%	+31.4%	+61.0%

Quarterly Payout Ratio Highs

RY Quarterly Payout Ratio Highs Comparison
Period	High	Date	Current
1Y	50.34%	Apr 30, 25	-18.6%
3Y	58.76%	Jan 31, 23	-30.3%
5Y	58.76%	Jan 31, 23	-30.3%
All	105.40%	Apr 30, 20	-61.1%

Quarterly Payout Ratio Lows

RY Quarterly Payout Ratio Lows Comparison
Period	Low	Date	Current
1Y	40.95%	Jan 31, 25	+0.0%
3Y	29.11%	Oct 31, 23	+40.7%
5Y	29.11%	Oct 31, 23	+40.7%
All	-6,058.34%	Apr 30, 09	+100.7%

Quarterly Payout Ratio History

Month	Value	Change
Oct 2025	40.96%	-5.3%
Jul 2025	43.24%	-14.1%
Apr 2025	50.34%	+22.9%
Jan 2025	40.95%	-18.2%
Oct 2024	50.09%	+11.2%
Jul 2024	45.03%	+40.9%
Apr 2024	31.95%	-7.7%
Jan 2024	34.62%	+18.9%
Oct 2023	29.11%	-12.2%
Jul 2023	33.17%	-1.8%
Apr 2023	33.78%	-42.5%
Jan 2023	58.76%	+23.8%
Oct 2022	47.45%	-3.2%
Jul 2022	49.04%	+18.8%
Apr 2022	41.29%	+5.1%
Jan 2022	39.27%	-4.1%
Oct 2021	40.96%	+8.9%
Jul 2021	37.62%	-5.4%
Apr 2021	39.78%	-5.1%
Jan 2021	41.93%	-15.1%
Oct 2020	49.38%	-1.3%
Jul 2020	50.05%	-52.5%
Apr 2020	105.40%	+136.0%
Jan 2020	44.66%	-6.4%
Oct 2019	47.72%	+1.7%
Jul 2019	46.92%	+2.3%
Apr 2019	45.85%	-1.9%
Jan 2019	46.75%	+6.5%
Oct 2018	43.88%	-4.4%
Jul 2018	45.90%	+1.0%
Apr 2018	45.46%	-1.9%
Jan 2018	46.35%	-2.2%
Oct 2017	47.41%	-1.7%
Jul 2017	48.21%	+3.6%
Apr 2017	46.53%	+7.6%
Jan 2017	43.24%	-14.6%
Oct 2016	50.61%	+14.5%
Jul 2016	44.21%	-7.9%
Apr 2016	48.00%	-1.7%
Jan 2016	48.84%	+9.2%
Oct 2015	44.74%	-4.4%
Jul 2015	46.79%	+4.4%
Apr 2015	44.80%	-2.2%
Jan 2015	45.81%	-1.0%
Oct 2014	46.29%	+2.2%
Jul 2014	45.29%	-3.0%
Apr 2014	46.71%	-4.8%
Jan 2014	49.04%	+7.0%
Oct 2013	45.82%	+8.4%
Jul 2013	42.27%	-12.3%
Apr 2013	48.19%	+5.8%
Jan 2013	45.53%	-2.0%
Oct 2012	46.47%	+26.8%
Jul 2012	36.65%	-26.6%
Apr 2012	49.90%	+19.5%
Jan 2012	41.74%	-15.2%
Oct 2011	49.23%	+16.9%
Jul 2011	42.13%	-15.4%

Month	Value	Change
Apr 2011	49.77%	+19.8%
Jan 2011	41.54%	-38.5%
Oct 2010	67.51%	+13.4%
Jul 2010	59.52%	+4.0%
Apr 2010	57.25%	+42.7%
Jan 2010	40.13%	-21.5%
Oct 2009	51.15%	+20.6%
Jul 2009	42.42%	+100.7%
Apr 2009	-6,058.34%	-9,310.0%
Jan 2009	65.78%	+5.8%
Oct 2008	62.20%	+21.9%
Jul 2008	51.03%	-28.2%
Apr 2008	71.11%	+37.2%
Jan 2008	51.84%	+15.6%
Oct 2007	44.84%	+6.6%
Jul 2007	42.08%	+3.1%
Apr 2007	40.83%	+18.1%
Jan 2007	34.58%	-8.9%
Oct 2006	37.94%	-0.9%
Jul 2006	38.29%	+0.1%
Apr 2006	38.26%	+6.0%
Jan 2006	36.08%	-57.4%
Oct 2005	84.73%	+131.0%
Jul 2005	36.68%	-5.9%
Apr 2005	38.96%	+12.8%
Jan 2005	34.55%	+10.4%
Oct 2004	31.29%	-50.9%
Jul 2004	63.75%	+65.0%
Apr 2004	38.63%	+4.0%
Jan 2004	37.14%	-1.1%
Oct 2003	37.55%	-0.8%
Jul 2003	37.84%	-5.0%
Apr 2003	39.84%	+11.3%
Jan 2003	35.81%	-9.2%
Oct 1999	39.46%	-2.7%
Jul 1999	40.55%	-5.8%
Apr 1999	43.05%	-13.6%
Jan 1999	49.85%	+10.3%
Oct 1998	45.19%	+28.5%
Jul 1998	35.17%	+0.4%
Apr 1998	35.03%	+5.5%
Jan 1998	33.20%	-1.4%
Oct 1997	33.67%	-4.9%
Jul 1997	35.42%	-1.3%
Apr 1997	35.88%	-2.7%
Jan 1997	36.86%	-1.7%
Oct 1996	37.49%	-5.6%
Jul 1996	39.70%	-6.2%
Apr 1996	42.31%	+11.8%
Jan 1996	37.84%	-6.6%
Oct 1995	40.50%	-6.1%
Jul 1995	43.14%	-2.0%
Apr 1995	44.01%	+5.2%
Jan 1995	41.85%	-10.2%
Oct 1994	46.61%	+6.1%
Jul 1994	43.93%	-7.0%
Apr 1994	47.23%	+6.5%
Jan 1994	44.33%	-

FAQ

What is the current quarterly payout ratio of RY?
As of today, RY quarterly payout ratio is 40.96%
What is RY quarterly payout ratio most recent change?
RY quarterly payout ratio was down -5.27% on October 1, 2025
What is 1-year change in RY quarterly payout ratio?
RY quarterly payout ratio is down -18.23% year-over-year
How far is RY quarterly payout ratio from its all-time high?
RY quarterly payout ratio is currently -61.14% below its historical high of 105.40% set on April 30, 2020
How does RY quarterly payout ratio rank versus sector peers?
RY quarterly payout ratio is higher than 82.46% of companies in Financial Services sector
When is RY next earnings release?
The next earnings release for RY is on February 26, 2026
What is RY next ex-dividend date?
The next ex-dividend date for RY is January 26, 2026

Payout Ratio Formula

Payout Ratio =

Dividend Per Share

EPS

× 100%

Data Sources & References

RY Official Website www.rbc.com
RY Profile on Yahoo Finance finance.yahoo.com/quote/RY
RY Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/ry