Canada markets open in 20 minutes

Royal Bank of Canada declares dividends

TORONTO, May 27, 2020 /CNW/ - Royal Bank of Canada (RY on TSX and NYSE) announced today that its board of directors has declared a quarterly common share dividend of $1.08 per share, payable on and after August 24, 2020, to common shareholders of record at the close of business on July 27, 2020.

RBC (CNW Group/Royal Bank of Canada)

The board also declared dividends for the following Non-Cumulative First Preferred Shares, payable on and after August 24, 2020, to shareholders of record at the close of business on July 27, 2020.

Series W

Dividend No. 62  

of

$0.30625 per share.

Series AA

Dividend No. 58  

of

$0.278125 per share.

Series AC

Dividend No. 55  

of

$0.2875 per share.

Series AE

Dividend No. 54  

of

$0.28125 per share.

Series AF

Dividend No. 53  

of

$0.278125 per share.

Series AG

Dividend No. 53  

of

$0.28125 per share.

Series AZ

Dividend No. 26  

of

$0.23125 per share.

Series BB

Dividend No. 25  

of

$0.228125 per share.

Series BD

Dividend No. 22  

of

$0.20 per share.

Series BF

Dividend No. 21  

of

$0.225 per share.

Series BH

Dividend No. 20  

of

$0.30625 per share.

Series BI

Dividend No. 20  

of

$0.30625 per share.

Series BJ

Dividend No. 19  

of

$0.328125 per share.

Series BK

Dividend No. 18  

of

$0.34375 per share.

Series BM

Dividend No. 17  

of

$0.34375 per share.

Series BO

Dividend No.   7  

of

$0.30 per share.

The board also declared a dividend for the following US$ Non-Cumulative First Preferred Shares.

  • Series C-2, Dividend No. 19 of US$16.875 per share (equivalent to US$0.421875 per related depositary share), payable on August 7, 2020, to shareholders of record on July 28, 2020.


SOURCE Royal Bank of Canada


Cision

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2020/27/c6799.html