Royal Bank of Canada declares dividends

TORONTO, Feb. 24, 2016 /CNW/ - 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 two cents per share, or three percent, to 81 cents per share, payable on and after May 24, 2016, to common shareholders of record at the close of business on April 25, 2016.

The board also declared dividends for the following Non-Cumulative First Preferred Shares, payable on and after May 24, 2016, to shareholders of record at the close of business on April 25, 2016.

• Series W, Dividend No.  45 of  $0.30625 per share.
• Series AA, Dividend No. 41 of  $0.278125 per share.
• Series AB, Dividend No. 39 of  $0.29375 per share.
• Series AC, Dividend No. 38 of  $0.2875 per share.
• Series AD, Dividend No. 37 of  $0.28125 per share.
• Series AE, Dividend No. 37 of  $0.28125 per share.
• Series AF, Dividend No. 36 of  $0.278125 per share.
• Series AG, Dividend No. 36 of  $0.28125 per share.
• Series AJ, Dividend No.  30 of  $0.22 per share.
• Series AK, Dividend No.   9 of  $0.144863 per share.
• Series AL, Dividend No.  30 of  $0.26625 per share.
• Series AZ, Dividend No.   9  of  $0.25 per share.
• Series BB, Dividend No.   8  of  $0.24375 per share.
• Series BD, Dividend No.   5 of  $0.225 per share.
• Series BF, Dividend No.   4 of  $0.225 per share.
• Series BH, Dividend No.  3 of  $0.30625 per share.
• Series BI,  Dividend No.  3 of  $0.30625 per share.
• Series BJ,  Dividend No.  2 of  $0.328125 per share.
• Series BK, Dividend No.  1 of  $0.6027 per share.

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

• Series C-1, Dividend No. 2 of US$13.75 per share (equivalent to US$0.34375 per related depositary share), payable on May 13, 2016 to shareholders of record on May 3, 2016.
• Series C-2, Dividend No. 2 of US$16.875 per share (equivalent to US$0.421875 per related depositary share), payable on May 9, 2016 to shareholders of record on April 29, 2016.

SOURCE RBC

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