Royal Bank of Canada lifted its dividend 2.9% after logging a rise in earnings, joining the few major Canadian lenders increasing payouts this quarter.
Directors of the bank, Canada’s largest by market value, declared a dividend of 1.42 Canadian dollars ($1.04) a share, an increase of 4 Canadian cents. The dividend will be payable on and after Aug. 24 to shareholders of record at the close of business July 25.
https://www.morningstar.com/news/dow-jones/202405304604/royal-bank-boosts-dividend-29