Royal Bank of Canada announces increase
to common share dividend
TORONTO, March 3, 2006 — Royal
Bank of Canada (RY: TSX, NYSE, SWX) today announced an increase
to its quarterly common share dividend of 8 cents per share,
or 12.5 per cent, to 72 cents, payable on May 24, 2006, to
common shareholders of record on April 25, 2006.
The quarterly common share dividend was last increased by
3 cents per share to 64 cents in the fourth quarter of 2005,
for shareholders of record on October 25, 2005.
The board also declared dividends on the following Non-Cumulative
First Preferred Shares, payable on May 24, 2006, to shareholders
of record on April 25, 2006.
- Series N, Dividend No. 32 of $0.29375 per share
- Series O, Dividend No. 28 of $0.34375 per share
- Series S, Dividend No. 20 of $0.38125 per share
- Series W, Dividend No. 5 of $0.30625 per share
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For further information:
Media Contact:
Beja Rodeck,
Media Relations,
(416) 974-5506, toll-free 1-888-880-2173
Investor Contacts:
Nabanita Merchant,
Senior Vice President, Investor Relations,
(416) 955-7803
Shirley Boudreau,
Shareholder Relations Officer, Investor Relations,
(416) 955-7806
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