Previous close | 90.38 |
Open | 91.05 |
Bid | 92.20 x 1100 |
Ask | 92.60 x 800 |
Day's range | 91.01 - 92.54 |
52-week range | 83.63 - 106.43 |
Volume | |
Avg. volume | 905,179 |
Market cap | 128.453B |
Beta (5Y monthly) | 0.74 |
PE ratio (TTM) | 12.42 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 4.00 (4.42%) |
Ex-dividend date | 25 Jul 2023 |
1y target est | N/A |
RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced May 2023 cash distributions for unitholders of ETF Series of RBC Funds, as follows:
RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced the first closing of RBC Global Infrastructure Fund LP ("the Fund"), which raised over $600 million in commitments from over 1,800 institutional and individual Canadian investors, exceeding initial commitment targets.
Today, RBC and Youthful Cities announced the results of the 2023 Urban Work Index, providing insight into what makes a city appealing for young people to work in. Toronto, Ontario was ranked the top city for young people to work in, followed by Montreal, Quebec and Vancouver, British Columbia, in second and third place respectively.
Royal Bank of Canada (RBC) and METRO Inc. (METRO) have announced a new loyalty partnership starting with the launch of the no annual fee moi RBC Visa credit card, enabling consumers to receive exclusive value at participating METRO locations. Cardholders will earn Moi points on all purchases, including everyday spending categories such as dining, gas and EV charging, as well as access unique savings and offers from Avion Rewards and its extensive merchant partner network.
Royal Bank of Canada (TSX: RY) (NYSE: RY) announced today that its board of directors has declared an increase to its quarterly common share dividend of three cents or two per cent, to $1.35 per share, payable on and after August 24, 2023, to common shareholders of record at the close of business on July 26, 2023.
Royal Bank of Canada11 (TSX: RY) (NYSE: RY)) today reported net income of $3.6 billion for the quarter ended April 30, 2023, down $604 million or 14% from the prior year. Diluted EPS was $2.58, down 13% over the same period. Adjusted net income7 and adjusted EPS7 of $3.8 billion and $2.65 were down 13% and 11% from the prior year, respectively.
RBC iShares today announced the expansion of its exchange traded fund ("ETF") lineup with the launch of RBC U.S. Discount Bond ETF (TSX: RUDB) (TSX: RUDB.U), RBC U.S. Discount Bond (CAD Hedged) ETF (TSX: RDBH) and USD units of RBC U.S. Dividend Covered Call ETF (TSX: RUDC.U). The new ETFs are managed by RBC Global Asset Management Inc. ("RBC GAM Inc.") and are expected to begin trading on the Toronto Stock Exchange ("TSX") today.
Today, RBC announced a new roster of talent to join First Up with RBCxMusic – a program developed to showcase and elevate emerging musicians and recording artists from across Canada. The new Featured Artists will benefit from unique performance opportunities, mentorship, funding, as well as media and promotional marketing support from RBCxMusic. The program is one example of RBC's ongoing commitment to the arts, which through the RBC Foundation and RBC Emerging Artists, has invested more than $1
Today, RBC and Golf Canada are excited to welcome 18 new golf course sites to RBC Community Junior Golf, which provides affordable access to the game for underrepresented groups and socio-economically disadvantaged youth in Canada. The newly selected sites join fifteen returning courses from the 2022 inaugural season, which engaged nearly 6,000 young people in communities across Canada.
RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced May 2023 cash distributions for unitholders of RBC ETFs, as follows:
RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced April mutual fund net redemptions of $833 million. Long-term funds had net redemptions of $1.1 billion and money market funds had net sales of $225 million. Mutual fund assets under management increased by 1.1 per cent.
Today RBC iShares expands its exchange traded fund ("ETF") lineup with the launch of six new RBC Target Maturity Bond ETFs, which focus on providing investors with efficient and targeted access to government fixed income. The new ETFs are managed by RBC Global Asset Management Inc. ("RBC GAM Inc.") and are expected to begin trading on the Toronto Stock Exchange ("TSX") today.
Defined benefit (DB) pension plans in Canada continued to perform positively in the first quarter of 2023 according to the RBC Investor & Treasury Services All Plan Universe, a well-established and extensive source of data on Canadian DB pension plans. These plans generated a median return of 4.0%, building upon Q4 2022 returns of 3.8%.
RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced April 2023 cash distributions for unitholders of ETF Series units of RBC Funds, as follows:
Royal Bank of Canada (RBC) is proud to announce that its cutting-edge capability, NOMI Forecast, has been recognized for Best Use of AI for Customer Experience at the 2023 Digital Banker Digital CX Awards.
Royal Bank of Canada (TSX: RY) (NYSE: RY) will release its second quarter results for 2023 on May 25, which will be made available at rbc.com/investorrelations.
RBC has entered into a strategic partnership with Conquest Planning Inc., ("Conquest"), a technology platform that is transforming financial planning by providing customized and convenient advice through enhanced digital capabilities and delivery of financial planning services to Canadians.
RBC has launched Canada's new First Home Savings Account (FHSA), to help Canadians save tax free for their first home.
RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced April 2023 cash distributions for unitholders of RBC ETFs, as follows:
RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced changes to several RBC ETFs in its suite of RBC Target Maturity Corporate Bond Index ETFs ("RBC TMCBs"), including management fee reductions and changes to their maturity dates. In addition, RBC GAM Inc. also announced a change to the unitholder right to redeem for cash for all RBC ETFs and ETF Series of RBC Funds.
Canadians remain convinced that technology will continue to play a critical role in the future of small businesses, signaling sustained growth ahead in the digital economy.
RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced March mutual fund net redemptions of $620 million. Long-term funds had net redemptions of $860 million and money market funds had net sales of $240 million. Mutual fund assets under management increased by 0.6 per cent.
Quebecers are less worried about the costs of home ownership and are least likely to compromise their lifestyle or certain milestones to afford a home, according to the annual RBC Home Ownership Poll.
While cracks are beginning to show in Canadians' confidence in the housing market and some may be changing their home buying plans, there are signs of optimism, according to the annual RBC Home Ownership Poll.
Royal Bank of Canada (TSX: RY) (NYSE: RY) announced today that the nominees listed in the Management Proxy Circular dated February 7, 2023, were elected as directors of Royal Bank of Canada at the Annual and Special Meeting of Common Shareholders held earlier today. The detailed results of the vote for the election of directors are set out below.