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News Releases


Royal Bank of Canada declares dividends

TORONTO, February 29, 2008 — Royal Bank of Canada (RY on TSX and NYSE) today declared a quarterly common share dividend of $0.50 per share, payable on May 23, 2008, to common shareholders of record on April 24, 2008.

The board also declared dividends on the following Non-Cumulative First Preferred Shares, payable on May 23, 2008, to shareholders of record on April 24, 2008.

  • Series N, Dividend No. 40 of $0.29375 per share.
  • Series W, Dividend No. 13 of $0.30625 per share.
  • Series AA, Dividend No. 9 of $0.278125 per share.
  • Series AB, Dividend No. 7 of $0.29375 per share.
  • Series AC, Dividend No. 6 of $0.2875 per share.
  • Series AD, Dividend No. 5 of $0.28125 per share.
  • Series AE, Dividend No. 5 of $0.28125 per share.
  • Series AF, Dividend No. 4 of $0.278125 per share.
  • Series AG, Dividend No. 4 of $0.28125 per share.

- 30 -

For further information:

Investor Contact:
Shirley Boudreau, Shareholder Relations, Toronto
(416) 955-7806, shirley.boudreau@rbc.com

Media Contact:
Beja Rodeck, Media Relations, Toronto
(416) 974-5506, toll-free 1-888-880-2173, beja.rodeck@rbc.com


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02/29/2008 07:37:59