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Royal Bank of Canada (RY) Payout ratio

Annual Payout Ratio:

40.89%+2.90%(+7.63%)
October 31, 2024

Summary

  • As of today (April 13, 2025), RY annual payout ratio is 40.89%, with the most recent change of +2.90% (+7.63%) on October 31, 2024.
  • During the last 3 years, RY annual payout ratio has risen by +0.86% (+2.15%).
  • RY annual payout ratio is now -76.32% below its all-time high of 172.67%, reached on October 31, 1993.

Performance

1-year change

+7.63%

3-year change

+2.15%

5-year change

-12.72%

15-year change

-11.99%

RY Payout ratio Chart

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Highlights

Sector rank

47.87%
RY annual payout ratio is higher than 47.87% of companies in Financial Services sector

Range

All-time high

172.67%
RY annual payout ratio is currently -76.32% below its historical high of 172.67%

3-year low

37.99%
RY annual payout ratio is currently +7.63% above its 3-year low

Earnings dates

Last annual earnings report date

Oct 31, 2024
RY previous annual earnings announcement was published on Oct 31, 2024

Next annual earnings report date

N/A
RY next annual earnings announcement has not yet been scheduled

OtherRYdividend metrics

Annual dividend per share

$4.09
RY annual dividend per share is $4.09

annual dividend yield

3.61%
RY annual dividend yield is 3.61%

Annual dividends paid

$4.88B
RY annual dividends paid is $4.88 billion

annual net income

$11.93B
RY annual net profit is $11.93 billion

TTM Payout Ratio:

46.08%0.00%(0.00%)
April 11, 2025

Summary

  • As of today (April 13, 2025), RY TTM payout ratio is 46.08%, unchanged on April 11, 2025.
  • Over the past year, RY TTM payout ratio has dropped by -4.96% (-9.72%).
  • RY TTM payout ratio is now -51.64% below its all-time high of 95.28%.

Performance

3-month change

-6.97%

1-year change

-9.72%

3-year change

+16.84%

5-year change

-0.24%

RY TTM Payout Ratio Chart

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Highlights

Sector rank

84.15%
RY TTM payout ratio is higher than 84.15% of companies in Financial Services sector

Range

All-time high

95.28%
RY TTM payout ratio is currently -51.64% below its historical high of 95.28%

3-year low

29.90%
RY TTM payout ratio is currently +54.11% above its 3-year low

Earnings dates

Last quarterly earnings report date

N/A
RY has not yet announced its earnings

Next quarterly earnings report date

N/A
RY next earnings announcement has not yet been scheduled

OtherRYdividend metrics

TTM Dividend per share

$4.09
RY TTM dividend per share is $4.09

TTM Dividend yield

3.62%
RY TTM dividend yield is 3.62%

TTM dividends paid

$5.43B
RY TTM dividends paid is $5.43 billion

TTM net income

$12.87B
RY TTM net profit is $12.87 billion

Quarterly Payout Ratio:

40.96%-10.02%(-19.65%)
January 31, 2025

Summary

  • As of today (April 13, 2025), RY quarterly payout ratio is 40.96%, with the most recent change of -10.02% (-19.65%) on January 31, 2025.
  • Over the past year, RY quarterly payout ratio has stayed the same.
  • RY quarterly payout ratio is now -59.26% below its all-time high of 100.54%, reached on April 30, 2020.

Performance

3-month change

0%

1-year change

0%

3-year change

-16.73%

5-year change

-16.73%

RY Quarterly Payout Ratio Chart

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Highlights

Sector rank

62.17%
RY quarterly payout ratio is higher than 62.17% of companies in Financial Services sector

Range

All-time high

100.54%
RY quarterly payout ratio is currently -59.26% below its historical high of 100.54%

3-year low

30.08%
RY quarterly payout ratio is currently +36.17% above its 3-year low

Earnings dates

Last quarterly earnings report date

Jan 31, 2025
RY previous earnings announcement was published on Jan 31, 2025

Next quarterly earnings report date

May 30, 2025
RY next earnings announcement is scheduled for May 30, 2025

OtherRYdividend metrics

Dividend per share

$1.03
RY last dividend was $1.03 per share, with an ex-dividend date of January 27, 2025

TTM Dividend yield

3.62%
RY TTM dividend yield is 3.62%

quarterly dividends paid

$1.47B
RY quarterly dividends paid is $1.47 billion

quarterly net income

$3.60B
RY quarterly net profit is $3.60 billion

Payout ratio Formula

Payout Ratio =  Dividends Paid
Net Income x 100%

Annual Payout Ratio

40.89%
RY annual payout ratio is 40.89%

Annual dividends paid

$4.88B
RY annual dividends paid is $4.88 billion

annual net income

$11.93B
RY annual net profit is $11.93 billion

RY Payout ratio Trends

PeriodPeriodAnnualAnnualTTMTTMQuarterlyQuarterly
1 y1 year+7.6%-9.7%0.0%
3 y3 years+2.1%+16.8%-16.7%
5 y5 years-12.7%-0.2%-16.7%

RY Payout ratio Highs & Lows

PeriodPeriodAnnual vs highAnnual vs highAnnual vs lowAnnual vs lowTTM vs highTTM vs highTTM vs lowTTM vs lowQuarter. vs highQuarter. vs highQuarter. vs lowQuarter. vs low
3 y3-year-7.2%+7.6%-29.4%+54.1%-30.3%+36.2%
5 y5-year-26.2%+7.6%-31.5%+54.1%-59.3%+36.2%
alltimeall time-76.3%+17.6%-51.6%+107.1%-59.3%+102.8%

Royal Bank of Canada Payout ratio History

DateAnnualTTMQuarterly
Apr 2025
-
46.08%(0.0%)
-
Jan 2025
-
46.08%(-7.0%)
40.96%(-19.7%)
Oct 2024
40.89%(+7.6%)
49.53%(-0.0%)
50.98%(+14.4%)
Jul 2024
-
49.55%(-2.5%)
44.55%(+40.1%)
Apr 2024
-
50.83%(-0.4%)
31.81%(-8.2%)
Jan 2024
-
51.04%(-1.6%)
34.64%(+15.2%)
Oct 2023
37.99%(-13.8%)
51.85%(+1.6%)
30.08%(-9.4%)
Jul 2023
-
51.04%(-0.4%)
33.21%(-1.6%)
Apr 2023
-
51.23%(+6.1%)
33.75%(-42.6%)
Jan 2023
-
48.28%(+8.3%)
58.80%(+19.5%)
Oct 2022
44.07%(+10.1%)
44.56%(+2.3%)
49.19%(+3.4%)
Jul 2022
-
43.55%(+9.2%)
47.55%(+15.1%)
Apr 2022
-
39.88%(+1.1%)
41.30%(+5.1%)
Jan 2022
-
39.44%(+0.9%)
39.29%(+3.3%)
Oct 2021
40.03%(-27.7%)
39.07%(-3.5%)
38.03%(-3.7%)
Jul 2021
-
40.50%(-8.2%)
39.49%(-2.8%)
Apr 2021
-
44.13%(-17.0%)
40.64%(-3.1%)
Jan 2021
-
53.17%(-2.5%)
41.95%(-17.8%)
Oct 2020
55.40%(+18.2%)
54.54%(-0.1%)
51.04%(+1.0%)
Jul 2020
-
54.58%(+2.0%)
50.55%(-49.7%)
Apr 2020
-
53.49%(+15.8%)
100.54%(+124.8%)
Jan 2020
-
46.19%(-1.0%)
44.72%(-5.9%)
Oct 2019
46.85%(+3.0%)
46.66%(+2.4%)
47.54%(+0.8%)
Jul 2019
-
45.56%(+1.1%)
47.16%(+2.7%)
Apr 2019
-
45.05%(+0.4%)
45.93%(-1.8%)
Jan 2019
-
44.86%(-0.4%)
46.78%(+1.0%)
Oct 2018
45.48%(-2.1%)
45.02%(-1.8%)
46.31%(+5.7%)
Jul 2018
-
45.85%(-2.6%)
43.81%(-3.3%)
Apr 2018
-
47.08%(-0.8%)
45.29%(-2.6%)
Jan 2018
-
47.44%(+2.0%)
46.52%(-0.8%)
Oct 2017
46.46%(-3.2%)
46.52%(-0.7%)
46.89%(-4.4%)
Jul 2017
-
46.83%(+3.9%)
49.03%(+4.8%)
Apr 2017
-
45.06%(-2.4%)
46.79%(+7.8%)
Jan 2017
-
46.15%(-3.1%)
43.42%(-7.3%)
Oct 2016
48.02%(+4.4%)
47.65%(+2.1%)
46.85%(+0.7%)
Jul 2016
-
46.69%(-1.1%)
46.52%(-6.3%)
Apr 2016
-
47.21%(+2.4%)
49.67%(+0.8%)
Jan 2016
-
46.12%(+2.8%)
49.26%(+1.4%)
Oct 2015
45.98%(-2.7%)
44.86%(-0.8%)
48.59%(+2.4%)
Jul 2015
-
45.24%(-0.3%)
47.45%(+12.9%)
Apr 2015
-
45.37%(-0.8%)
42.01%(-9.1%)
Jan 2015
-
45.75%(-2.1%)
46.22%(-0.0%)
Oct 2014
47.26%(+2.3%)
46.71%(-0.8%)
46.24%(-3.1%)
Jul 2014
-
47.11%(+1.9%)
47.71%(+4.6%)
Apr 2014
-
46.21%(-0.7%)
45.63%(-8.1%)
Jan 2014
-
46.52%(+1.1%)
49.64%(+0.9%)
Oct 2013
46.22%(+4.7%)
46.03%(+0.1%)
49.20%(+17.3%)
Jul 2013
-
45.98%(+1.7%)
41.95%(-13.1%)
Apr 2013
-
45.21%(-2.8%)
48.29%(+4.8%)
Jan 2013
-
46.51%(-0.2%)
46.09%(-5.1%)
Oct 2012
44.16%(-7.6%)
46.59%(-1.6%)
48.59%(+37.2%)
Jul 2012
-
47.37%(-13.1%)
35.41%(-33.3%)
Apr 2012
-
54.51%(+4.6%)
53.08%(+24.0%)
Jan 2012
-
52.13%(+3.2%)
42.79%(-11.8%)
Oct 2011
47.80%(-14.9%)
50.50%(-5.2%)
48.51%(-16.6%)
Jul 2011
-
53.28%(+3.1%)
58.18%(+21.5%)
Apr 2011
-
51.68%(-4.8%)
47.88%(+18.6%)
Jan 2011
-
54.31%(-7.2%)
40.37%(-33.8%)
Oct 2010
56.17%(-21.0%)
58.53%(+2.5%)
61.01%(-2.9%)
Jul 2010
-
57.13%(+4.8%)
62.81%(-0.0%)
Apr 2010
-
54.49%(-22.1%)
62.83%(+54.2%)
Jan 2010
-
69.94%(-8.4%)
40.75%(-5.9%)
Oct 2009
71.12%
76.34%(+3.1%)
43.31%(-16.0%)
DateAnnualTTMQuarterly
Jul 2009
-
74.01%(-2.9%)
51.55%(-103.6%)
Apr 2009
-
76.23%(+26.9%)
-1437.65%(-2389.6%)
Jan 2009
-
60.09%(+5.6%)
62.79%(-1.3%)
Oct 2008
59.00%(+42.2%)
56.91%(+1.2%)
63.64%(+21.2%)
Jul 2008
-
56.26%(+5.1%)
52.50%(-25.5%)
Apr 2008
-
53.54%(+9.0%)
70.51%(+32.9%)
Jan 2008
-
49.12%(+9.5%)
53.06%(+32.8%)
Oct 2007
41.48%(+8.5%)
44.85%(+6.6%)
39.96%(-19.1%)
Jul 2007
-
42.08%(+3.5%)
49.37%(+20.1%)
Apr 2007
-
40.67%(+3.9%)
41.10%(+15.8%)
Jan 2007
-
39.16%(-1.1%)
35.48%(-1.3%)
Oct 2006
38.22%(-11.9%)
39.61%(-9.3%)
35.93%(-12.3%)
Jul 2006
-
43.68%(-1.6%)
40.95%(+20.2%)
Apr 2006
-
44.37%(+1.9%)
34.06%(-18.7%)
Jan 2006
-
43.54%(-1.4%)
41.89%(-47.0%)
Oct 2005
43.37%(-6.1%)
44.18%(+5.0%)
79.08%(+117.0%)
Jul 2005
-
42.08%(-3.9%)
36.44%(-7.3%)
Apr 2005
-
43.80%(-3.1%)
39.33%(+12.9%)
Jan 2005
-
45.19%(-4.0%)
34.85%(-48.9%)
Oct 2004
46.20%(+19.4%)
47.05%(+11.3%)
68.18%(+52.6%)
Jul 2004
-
42.27%(+7.9%)
44.69%(+12.1%)
Apr 2004
-
39.17%(+1.0%)
39.88%(+2.2%)
Jan 2004
-
38.79%(+1.6%)
39.03%(+33.9%)
Oct 2003
38.69%(-3.3%)
38.18%(+5.5%)
29.14%(-35.1%)
Jul 2003
-
36.19%(-1.6%)
44.91%(+3.3%)
Apr 2003
-
36.77%(+2.7%)
43.49%(+17.2%)
Jan 2003
-
35.80%(+1.1%)
37.11%(-6.4%)
Oct 2002
39.99%(-0.7%)
35.42%(-1.9%)
39.63%(-7.0%)
Jul 2002
-
36.10%(-6.7%)
42.62%(+7.9%)
Apr 2002
-
38.70%(+2.7%)
39.51%(+3.5%)
Jan 2002
-
37.68%(+3.3%)
38.16%(-11.2%)
Oct 2001
40.29%(+15.9%)
36.49%(+2.7%)
42.97%(-12.7%)
Jul 2001
-
35.54%(+10.0%)
49.21%(+26.7%)
Apr 2001
-
32.30%(+4.0%)
38.83%(+26.0%)
Jan 2001
-
31.06%(-2.8%)
30.82%(-11.1%)
Oct 2000
34.76%(-18.5%)
31.95%(-0.2%)
34.67%(+2.9%)
Jul 2000
-
32.03%(-1.0%)
33.69%(-5.5%)
Apr 2000
-
32.35%(-5.0%)
35.64%(+3.8%)
Jan 2000
-
34.06%(-6.3%)
34.34%(-8.8%)
Oct 1999
42.63%(+14.1%)
36.36%(-1.7%)
37.66%(-9.9%)
Jul 1999
-
36.99%(+1.3%)
41.79%(-2.9%)
Apr 1999
-
36.53%(+5.4%)
43.05%(-13.6%)
Jan 1999
-
34.67%(+10.1%)
49.85%(+10.3%)
Oct 1998
37.36%(+5.4%)
31.50%(+3.3%)
45.19%(+28.5%)
Jul 1998
-
30.48%(+3.3%)
35.17%(+0.4%)
Apr 1998
-
29.52%(+0.1%)
35.03%(+5.5%)
Jan 1998
-
29.48%(-1.7%)
33.20%(-1.4%)
Oct 1997
35.43%(-9.8%)
29.98%(+0.5%)
33.67%(-4.9%)
Jul 1997
-
29.83%(-2.1%)
35.42%(-1.3%)
Apr 1997
-
30.48%(-3.4%)
35.88%(-2.7%)
Jan 1997
-
31.55%(+1.3%)
36.86%(-1.7%)
Oct 1996
39.30%(-7.3%)
31.13%(-2.5%)
37.49%(-5.6%)
Jul 1996
-
31.92%(+0.3%)
39.70%(-6.2%)
Apr 1996
-
31.83%(+0.1%)
42.31%(+11.8%)
Jan 1996
-
31.81%(-1.1%)
37.84%(-6.6%)
Oct 1995
42.39%(-6.9%)
32.17%
40.50%(-6.1%)
Jul 1995
-
-
43.14%(-2.0%)
Apr 1995
-
-
44.01%(+5.2%)
Jan 1995
-
-
41.85%(-10.2%)
Oct 1994
45.51%(-73.6%)
-
46.61%(+6.1%)
Jul 1994
-
-
43.93%(-7.0%)
Apr 1994
-
-
47.23%(+6.5%)
Jan 1994
-
-
44.33%
Oct 1993
172.67%
-
-

FAQ

  • What is Royal Bank of Canada annual payout ratio?
  • What is the all time high annual payout ratio for Royal Bank of Canada?
  • What is Royal Bank of Canada annual payout ratio year-on-year change?
  • What is Royal Bank of Canada TTM payout ratio?
  • What is the all time high TTM payout ratio for Royal Bank of Canada?
  • What is RY TTM payout ratio year-to-date change?
  • What is Royal Bank of Canada TTM payout ratio year-on-year change?
  • What is Royal Bank of Canada quarterly payout ratio?
  • What is the all time high quarterly payout ratio for Royal Bank of Canada?
  • What is Royal Bank of Canada quarterly payout ratio year-on-year change?

What is Royal Bank of Canada annual payout ratio?

The current annual payout ratio of RY is 40.89%

What is the all time high annual payout ratio for Royal Bank of Canada?

Royal Bank of Canada all-time high annual payout ratio is 172.67%

What is Royal Bank of Canada annual payout ratio year-on-year change?

Over the past year, RY annual payout ratio has changed by +2.90% (+7.63%)

What is Royal Bank of Canada TTM payout ratio?

The current TTM payout ratio of RY is 46.08%

What is the all time high TTM payout ratio for Royal Bank of Canada?

Royal Bank of Canada all-time high TTM payout ratio is 95.28%

What is RY TTM payout ratio year-to-date change?

Royal Bank of Canada TTM payout ratio has changed by -3.45% (-6.97%) since the beginning of the year

What is Royal Bank of Canada TTM payout ratio year-on-year change?

Over the past year, RY TTM payout ratio has changed by -4.96% (-9.72%)

What is Royal Bank of Canada quarterly payout ratio?

The current quarterly payout ratio of RY is 40.96%

What is the all time high quarterly payout ratio for Royal Bank of Canada?

Royal Bank of Canada all-time high quarterly payout ratio is 100.54%

What is Royal Bank of Canada quarterly payout ratio year-on-year change?

Over the past year, RY quarterly payout ratio has changed by 0.00% (0.00%)
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