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Royal Bank Stock TSX – Price, Dividend and Performance Guide

Logan Benjamin Campbell Miller • 2026-04-06 • Reviewed by Daniel Mercer

Royal Bank of Canada trades on the Toronto Stock Exchange under the ticker RY.TO, commanding approximately 228 Canadian dollars per share as of early April 2026. The financial institution maintains a market capitalization approaching 317 billion CAD, cementing its position as the largest bank by valuation on the TSX.

The stock has demonstrated significant momentum over the past year, climbing roughly 51% from its April 2025 lows to current levels near 228.83 CAD. With a trailing price-to-earnings ratio of 15.61 and a forward dividend yield of 2.89%, RY.TO offers investors exposure to both capital appreciation potential and consistent income distribution. Those evaluating Canadian financial products alongside equity investments may find complementary analysis in our review of the Best Credit Card Canada options available from major issuers.

Recent quarterly results have reinforced institutional confidence in the lender’s operational resilience. First-quarter 2026 earnings revealed record profits of 5.79 billion CAD, representing a substantial increase from the 5.13 billion CAD reported in the comparable prior-year period.

What is the Current Royal Bank Stock Price on TSX?

Current Price
228.83 CAD
Dividend Yield
2.89%
Market Cap
316.7B CAD
P/E Ratio
15.61

Royal Bank shares currently trade at 228.83 CAD, reflecting a daily gain of 0.66% within an intraday range of 225 to 232 CAD. The stock sits approximately 4.8% below its 52-week high of 240.34 CAD recorded in late February 2026, while commanding a 51% premium to the April 2025 low of 151.25 CAD.

  • Shares trade at 228.83 CAD with 1.39 billion shares outstanding
  • 52-week range spans 151.25 CAD to 240.34 CAD
  • Market capitalization reported between 291 billion and 317 billion CAD across data providers
  • Beta of 1.07 indicates moderate volatility relative to broader markets
  • Price-to-book ratio stands at 2.46 with price-to-sales at 4.73
  • Trailing twelve-month earnings per share of 14.56 CAD
  • Forward P/E ratio of 15.53 suggests stable valuation expectations
Symbol RY.TO
Exchange TSX
Currency CAD
Latest Price 228.83
52-Week High 240.34 CAD
52-Week Low 151.25 CAD
Market Cap 316.7B CAD
P/E (TTM) 15.61
EPS (TTM) 14.56 CAD
Beta 1.07
Shares Outstanding 1.39B
Sector Financials

Comprehensive real-time quotes and intraday charting data are available through Barchart.

How Has RY.TO Stock Performed Recently?

Short-Term Trajectory

Over the past month, Royal Bank shares have advanced 2.85%, recovering from the March 20 low of 217.01 CAD. Daily volatility has remained modest, with recent sessions showing movements between 0.18% and 0.66%. However, the three-month view reveals a decline of 2.81%, as the stock retreated from the February 25 peak of 239.27 CAD.

Performance Context

The stock’s 52-week high of 240.34 CAD represents a 51.29% advance from the April 2025 lows. Current trading levels sit approximately 4.8% below this peak, indicating consolidation near historical resistance.

Annual Performance

The 52-week performance stands at 44.99% total return, while one-year calculations vary between 22% and 23% depending on measurement timing. Weekly performance has fluctuated between a decline of 0.42% and gains of 1.55%, reflecting broader sector volatility. TradingView data indicates implied volatility around 17%, slightly elevated compared to historical averages.

What is the Dividend Yield and Payout for Royal Bank TSX?

Current Yield and Annual Payout

Royal Bank maintains a forward annual dividend of 6.56 CAD per share, translating to a yield of 2.89% at current prices. The indicated yield reaches 2.97% according to some calculations. The bank distributes payments quarterly, with recent amounts varying between 1.54 CAD and 1.64 CAD per share depending on the record date.

Distribution Schedule

The most recent dividend of 1.64 CAD per share was disbursed on April 23, 2026. Historical data suggests consistent quarterly payments, though the next ex-dividend date remains unannounced in current filings.

Yield Consistency

The dividend coverage remains robust given the trailing twelve-month earnings per share of 14.56 CAD. This payout ratio suggests sustainable distributions barring significant earnings compression. Additional yield metrics and historical distribution data are catalogued by YCharts.

Is Royal Bank Stock a Good Buy? Analyst Views

Price Targets and Consensus

Analyst price targets for RY.TO range from 203 CAD to 227 CAD, with the consensus leaning positive amid record profit announcements. The forward price-to-earnings ratio of 15.53 aligns with historical valuations for large-cap Canadian financial institutions.

Technical Pattern Consideration

One technical analysis view identifies a potential bearish “Diamond Top” formation on RY.TO charts, suggesting possible downside targets. This interpretation contrasts with the fundamental consensus and remains unverified against the bank’s recent earnings momentum.

Strategic Developments

On March 11, 2026, Royal Bank announced the acquisition of Pinch Financial, a Toronto-based fintech firm specializing in digital lending platforms. This follows the record Q1 2026 earnings reported on February 26, when the bank posted profit of 5.79 billion CAD against 5.13 billion CAD in the prior year. Public.com data confirms the quarterly EPS reached 4.03 CAD, substantially exceeding the prior year figure of 2.59 CAD.

Timeline of Recent Dividends and Corporate Events

  1. : Dividend payment of 1.64 CAD per share processed.
  2. : RBC announces acquisition of Toronto fintech firm Pinch Financial.
  3. : Q1 2026 earnings release reveals record 5.79 billion CAD profit.
  4. : Stock reaches 52-week intraday high of 239.27 CAD.
  5. : 52-week low of 151.25 CAD established.

Corporate event timelines and regulatory filings are archived through RBC Investor Relations.

Verified Metrics and Remaining Uncertainties

Established Information Information That Remains Unclear
Q1 2026 profit of 5.79B CAD and EPS of 4.03 CAD verified in filings Exact date for next quarterly earnings announcement not yet disclosed
Forward dividend yield of 2.89% with annual payout of 6.56 CAD Long-term revenue impact of Pinch Financial acquisition unquantified
52-week trading range between 151.25 CAD and 240.34 CAD Validation of bearish technical patterns versus fundamental growth trajectory
Current market capitalization of approximately 316.7B CAD Future dividend growth rate beyond current forward estimates

Context for TSX Investors

Royal Bank represents a core holding within the S&P/TSX Composite Index, offering exposure to Canadian banking stability alongside international revenue diversification. Investors seeking to acquire RY.TO must transact through brokerages providing access to the Toronto Stock Exchange, with settlements denominated in Canadian dollars. For more information on cross-border banking, you can refer to Banc RBC transfronterer.

The stock appeals to income-focused portfolios given its dividend yield above 2.8%, while the moderate beta of 1.07 suggests less volatility than growth-oriented sectors. Those comparing traditional equity returns against digital asset valuations may reference current 1 ETH to CAD conversion rates when assessing portfolio diversification strategies. Exchange-specific trading rules and hours are detailed by TSX.

Data Sources and Market Verification

Market data derives from real-time feeds provided by the Toronto Stock Exchange and aggregated financial platforms. Price quotes, dividend dates, and earnings figures originate from official corporate disclosures and exchange-verified transactions.

Q1 2026 earnings data indicates record profitability of 5.79 billion CAD, with earnings per share of 4.03 CAD representing a significant year-over-year improvement.

— RBC Quarterly Filings via Public.com

Technical analysis reveals price target ranges between 203 CAD and 227 CAD, with volatility metrics indicating 17% implied volatility.

— TradingView Analyst Aggregates

Summary of Royal Bank TSX Position

Royal Bank stock trades at approximately 228 CAD, supported by a 316 billion CAD market capitalization and a 2.89% forward dividend yield. The shares have delivered 45% returns over the past year while maintaining valuation metrics consistent with historical norms. Investors weighing Canadian financial exposure should consider the bank’s record earnings momentum alongside broader sector volatility when evaluating entry points.

Frequently Asked Questions

When is the next dividend for Royal Bank stock?

The next ex-dividend date has not been formally announced in available filings. The most recent payment of 1.64 CAD occurred on April 23, 2026.

How to buy Royal Bank stock on TSX?

Investors require a brokerage account with access to the Toronto Stock Exchange. RY.TO trades during standard TSX hours with the Canadian dollar as the settlement currency.

What are the latest news on RY.TO?

Recent developments include the March 2026 acquisition of Pinch Financial and record Q1 2026 earnings of 5.79 billion CAD reported on February 26.

What is the beta of RY.TO?

Royal Bank stock carries a 60-month beta of 1.07, indicating volatility slightly higher than the broader market benchmark.

What was Royal Bank’s Q1 2026 EPS?

The bank reported earnings per share of 4.03 CAD for the first quarter of 2026, up from 2.59 CAD in the prior year period.

Logan Benjamin Campbell Miller

About the author

Logan Benjamin Campbell Miller

Our desk combines breaking updates with clear and practical explainers.