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Royal Bank of Canada announces increase to common share
dividend
TORONTO, August 24, 2007 — Royal Bank of Canada
(RY on TSX and NYSE) today announced an increase to its quarterly
common share dividend of four cents per share or 9 per cent
to $0.50 cents, payable on November 23, 2007 to common shareholders
of record on October 25, 2007.
The quarterly common share dividend was last increased by
six cents per share to 46 cents in the second quarter of 2007
for shareholders of record on April 25, 2007.
The Board of Directors also declared dividends on the following
Non-Cumulative First Preferred Shares, payable on November
23, 2007 to shareholders of record on October 25, 2007.
- Series N, Dividend No. 38 of $0.29375 per share.
- Series W, Dividend No. 11 of $0.30625 per share.
- Series AA, Dividend No. 7 of $0.278125 per share.
- Series AB, Dividend No. 5 of $0.29375 per share.
- Series AC, Dividend No. 4 of $0.2875 per share.
- Series AD, Dividend No. 3 of $0.28125 per share.
- Series AE, Dividend No. 3 of $0.28125 per share.
- Series AF, Dividend No. 2 of $0.278125 per share.
- Series AG, Dividend No. 2 of $0.28125 per share.
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For further information, please contact:
Investor Contact:
Shirley Boudreau, Shareholder Relations, (416) 955-7806, shirley.boudreau@rbc.com
Media Contact:
Beja Rodeck, Media Relations, (416) 974-5506,
toll-free 1-888-880-2173, beja.rodeck@rbc.com
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