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Royal Bank of Canada declares dividends

TORONTO, February 24, 2017 - Royal Bank of Canada (RY on TSX and NYSE) announced today that its board of directors declared an increase to its quarterly common share dividend of four cents per share, or five per cent, to 87 cents per share, payable on and after May 24, 2017, to common shareholders of record at the close of business on April 25, 2017.

The board also declared dividends for the following Non-Cumulative First Preferred Shares, payable on and after May 24, 2017, to shareholders of record at the close of business on April 25, 2017.

  •  Series W 

Dividend No. 49   of

$0.30625 per share

  •  Series AA

Dividend No. 45  of

$0.278125 per share.

  •  Series AB

Dividend No. 43   of

$0.29375 per share.

  •  Series AC

Dividend No. 42   of

$0.2875 per share.

  •  Series AD

Dividend No. 41   of

$0.28125 per share.

  •  Series AE

Dividend No. 41   of

$0.28125 per share.

  •  Series AF

Dividend No. 40   of

$0.278125 per share.

  •  Series AG

Dividend No. 40   of

$0.28125 per share.

  •  Series AJ

Dividend No. 34   of

$0.22 per share.

  •  Series AK

Dividend No. 13   of

$0.145448 per share.

  •  Series AL

Dividend No. 34   of

$0.26625 per share.

  •  Series AZ

Dividend No. 13   of

$0.25 per share.

  •  Series BB

Dividend No. 12   of

$0.24375 per share.

  •  Series BD

Dividend No.   9   of

$0.225 per share.

  •  Series BF

Dividend No.   8   of

$0.225 per share.

  •  Series BH

Dividend No.   7   of

$0.30625 per share.

  •  Series BI

Dividend No.   7   of

$0.30625 per share.

  •  Series BJ

Dividend No.   6   of

$0.328125 per share.

  •  Series BK

Dividend No.   5   of

$0.34375 per share.

  •  Series BM

Dividend No.   4   of

$0.34375 per share.

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

  • Series C-1, Dividend No. 6 of US$13.75 per share (equivalent to US$0.34375 per related depositary share), payable on May 15, 2017, to shareholders of record on May 5, 2017.
  • Series C-2, Dividend No. 6 of US$16.875 per share (equivalent to US$0.421875 per related depositary share), payable on May 8, 2017, to shareholders of record on April 28, 2017.

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For further information, please contact:

Investor Contact:
Shirley Boudreau, Shareholder Relations, 416-955-7806

Media Contact:
Sandra Nunes, Financial Communications, 416-974-1794