Royal Bank of Canada (RY) To Go Ex-Dividend on October 26th

Royal Bank of Canada (TSE:RY) (NYSE:RY) announced a quarterly dividend on Monday, October 26th. Shareholders of record on Tuesday, November 24th will be given a dividend of $1.76 per share by the financial services provider on Tuesday, November 24th. This represents a $7.04 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Monday, October 26th.

Royal Bank of Canada Price Performance

Shares of Royal Bank of Canada stock traded down C$1.01 on Friday, hitting C$281.77. The company had a trading volume of 2,975,619 shares, compared to its average volume of 3,461,987. The business has a 50-day simple moving average of C$283.33 and a 200-day simple moving average of C$276.08. The company has a market cap of C$390.09 billion, a PE ratio of 17.77, a PEG ratio of 3.42 and a beta of 0.97. Royal Bank of Canada has a 52 week low of C$201.76 and a 52 week high of C$306.38.

Royal Bank of Canada (TSE:RY) (NYSE:RY) last posted its quarterly earnings data on Thursday, August 27th. The financial services provider reported C$4.28 EPS for the quarter. Royal Bank of Canada had a net margin of 15.92% and a return on equity of 16.11%. The business had revenue of C$18.54 billion for the quarter. On average, equities research analysts predict that Royal Bank of Canada will post 12.35 earnings per share for the current fiscal year.

Insider Buying and Selling at Royal Bank of Canada

In related news, insider Kelly Bradley sold 5,142 shares of the business’s stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of C$283.07, for a total value of C$1,455,545.94. Following the sale, the insider directly owned 1,043 shares in the company, valued at C$295,242.01. The trade was a 83.14% decrease in their position. Also, insider Maria Elena Douvas sold 9,604 shares of the stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of C$275.20, for a total transaction of C$2,643,020.80. Over the last 90 days, insiders sold 75,908 shares of company stock worth $21,177,587.

Royal Bank of Canada Company Profile

Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 101,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 19 million clients in Canada, the U.S.