The company declared an increase to its quarterly common share dividend of four cents, or three per cent, to C$1.42 per share, payable on and after August 23, 2024, to common shareholders of record at the close of business on July 25, 2024.
The company declared an increase to its quarterly common share dividend of four cents, or three per cent, to C$1.42 per share, payable on and after August 23, 2024, to common shareholders of record at the close of business on July 25, 2024.
Date | Price Target | Rating | Analyst |
---|---|---|---|
7/2/2024 | Buy | UBS | |
5/13/2024 | Hold → Buy | Jefferies | |
4/5/2024 | Market Perform → Outperform | BMO Capital Markets | |
3/20/2024 | Equal Weight | Barclays | |
2/22/2024 | Hold | Jefferies | |
12/18/2023 | Buy | Canaccord Genuity | |
12/18/2023 | Neutral → Buy | BofA Securities | |
5/16/2023 | $4.00 | Sector Outperform → Neutral | CIBC |
TORONTO, Aug. 28, 2024 /CNW/ - Royal Bank of Canada (TSX:RY) (NYSE:RY) announced today that its board of directors has declared a quarterly common share dividend of $1.42 per share, payable on and after November 22, 2024, to common shareholders of record at the close of business on October 24, 2024. The board also declared dividends for the following Non-Cumulative First Preferred Shares, payable on and after November 22, 2024, to shareholders of record at the close of business on October 24, 2024. Series BD Dividend No. 39 of $0.20 per share.Series BF Dividend No. 38 of $0.18
All amounts are in Canadian dollars and are based on financial statements presented in compliance with International Accounting Standard 34 Interim Financial Reporting, unless otherwise noted. Effective November 1, 2023, we adopted IFRS 17 Insurance Contracts (IFRS 17). Comparative amounts have been restated from those previously presented. Our Q3 2024 Report to Shareholders and Supplementary Financial Information are available at http://www.rbc.com/investorrelations and on https://www.sedarplus.com/. Net income$4.5 BillionUp 16% YoY Diluted EPS1$3.09Up 13% YoY Total PCL2$659 MillionPCL on loans ratio3down 14 bps4 QoQ ROE515.5%Up 60 bps YoY CET1 ratio613.0%Above regulatory requirements Adj
TORONTO, Aug. 23, 2024 /CNW/ - RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced that the following mutual funds will re-open to new investors on September 3, 2024: RBC Global Equity FundRBC Global Equity Focus FundRBC Vision Global Equity FundRBC Global Equity Focus Currency Neutral FundRBC Global Dividend Growth FundRBC Global Dividend Growth Currency Neutral FundPhillips, Hager & North Global Equity FundPhillips, Hager & North Overseas Equity Fund (only Series A, D, F and O)Phillips, Hager & North Currency-Hedged Overseas Equity Fund (collectively,
SC 13G/A - ROYAL BANK OF CANADA (0001000275) (Subject)
SC 13G - ROYAL BANK OF CANADA (0001000275) (Subject)
TORONTO, Sept. 12, 2024 /CNW/ - Royal Bank of Canada (TSX:RY) (NYSE:RY) today announced that Katherine Gibson has been appointed Chief Financial Officer, effective immediately. Ms. Gibson has served as Interim Chief Financial Officer since April 5, 2024. Prior to this, she was Senior Vice President, Enterprise Finance & Controller with global responsibility for head office Finance, including all external, board and management reporting, accounting policy and financial management systems. "Katherine is an outstanding senior executive with global financial insights and leadershi
RBC's latest contest, Red, will include WestJet flights or credit and accommodations for ticket winners across Canada TORONTO, May 23, 2024 /CNW/ - RBC is partnering with WestJet for upcoming select contests and giveaways that will provide flights or credit towards a future WestJet flight for lucky Avion Rewards members who win tickets to see Taylor Swift | The Eras Tour in Canada. RBC's latest contest, Red, is now open and giving away the chance to win 1 of 50 pairs of concert tickets. Additionally, contest winners across Canada will receive accommodations provided by RBC, plus flights to the Toronto or Vancouver shows, or credit towards a future flight courtesy of WestJet. Avion Rewards me
RBC appoints Katherine Gibson Interim Chief Financial Officer following the departure of Nadine Ahn TORONTO, April 5, 2024 /CNW/ - Royal Bank of Canada (TSX:RY) and (NYSE:RY) today announced the appointment of Katherine Gibson as Interim Chief Financial Officer (CFO). She succeeds Nadine Ahn whose employment was terminated by RBC earlier today, effective immediately. RBC was recently made aware of allegations involving Ms. Ahn and immediately launched an internal review and engaged outside legal counsel to investigate. The investigation found evidence that, in contravention of
FWP - ROYAL BANK OF CANADA (0001000275) (Subject)
FWP - ROYAL BANK OF CANADA (0001000275) (Subject)
FWP - ROYAL BANK OF CANADA (0001000275) (Subject)
Visa Inc (NYSE:V) shares are trading lower today. Visa has partnered with Amazon.Com, Inc. (NASDAQ:AMZN) to offer Canadian consumers more flexible payment options at checkout. Eligible Royal Bank Of Canada (NYSE:RY) and The Bank of Nova Scotia (NYSE:BNS) credit cardholders can now select Installments enabled by Visa for qualifying purchases on Amazon.ca or the Amazon app. This new option allows consumers to convert purchases into smaller, fixed payments over a set period. “We are excited to offer our installments solution on Amazon through two of Canada’s leading issuers, granting more consumers access to diversified payment methods and greater financial control with one of the worl
Argus Research analyst Stephen Biggar maintains Royal Bank of Canada (NYSE:RY) with a Buy and raises the price target from $115 to $120.
A new survey commissioned by Mydoh found that 85 per cent of Quebec parents feel some aspects of financial literacy are a challenge to teach their children MONTREAL, Sept. 12, 2024 /CNW/ - Quebec parents agree that it's essential to broach the subject of money management at an early age, but many struggle with teaching certain aspects of financial planning to their children, according to a new survey from Mydoh, the money management app for kids and teens powered by RBC. With the Mydoh app, which provides parental oversight, Quebec families are better equipped to build healthy
TORONTO, Sept. 12, 2024 /CNW/ - Royal Bank of Canada (TSX:RY) (NYSE:RY) today announced that Katherine Gibson has been appointed Chief Financial Officer, effective immediately. Ms. Gibson has served as Interim Chief Financial Officer since April 5, 2024. Prior to this, she was Senior Vice President, Enterprise Finance & Controller with global responsibility for head office Finance, including all external, board and management reporting, accounting policy and financial management systems. "Katherine is an outstanding senior executive with global financial insights and leadershi
75% say they have strong financial habits, yet 73% admit to actions over the last year that could be hurting their financial wellbeing TORONTO, Sept. 10, 2024 /CNW/ - There is a paradox in Canadians' financial behaviour, according to RBC's new Financial Habits Poll. While a significant 75% of respondents believe they possess good financial habits, with 62% rating their habits as above average compared to their friends and family, the data uncovers a different reality. Over the past year, more than a third of respondents confessed to not setting financial goals (38%), not dedic
UBS initiated coverage of Royal Bank of Canada with a rating of Buy
Jefferies upgraded Royal Bank of Canada from Hold to Buy
BMO Capital Markets upgraded Royal Bank of Canada from Market Perform to Outperform