Royal Bank of Canada declares dividends

TORONTO, Feb. 21, 2020 /CNW/ - Royal Bank of Canada (RY on TSX and NYSE) announced today that its board of directors has declared an increase to its quarterly common share dividend of three cents, or three per cent, to $1.08 per share, payable on and after May 22, 2020, to common shareholders of record at the close of business on April 23, 2020.

The board also declared dividends for the following Non-Cumulative First Preferred Shares, payable on and after May 22, 2020, to shareholders of record at the close of business on April 23, 2020.

•	Series W	Dividend No. 61   of	$0.30625 per share.
•	Series AA	Dividend No. 57   of	$0.278125 per share.
•	Series AC	Dividend No. 54   of	$0.2875 per share.
•	Series AE	Dividend No. 53   of	$0.28125 per share.
•	Series AF	Dividend No. 52   of	$0.278125 per share.
•	Series AG	Dividend No. 52   of	$0.28125 per share.
•	Series AZ	Dividend No. 25   of	$0.23125 per share.
•	Series BB	Dividend No. 24   of	$0.228125 per share.
•	Series BD	Dividend No. 21   of	$0.225 per share.
•	Series BF	Dividend No. 20   of	$0.225 per share.
•	Series BH	Dividend No. 19   of	$0.30625 per share.
•	Series BI	Dividend No. 19   of	$0.30625 per share.
•	Series BJ	Dividend No. 18   of	$0.328125 per share.
•	Series BK	Dividend No. 17   of	$0.34375 per share.
•	Series BM	Dividend No. 16   of	$0.34375 per share.
•	Series BO	Dividend No.   6   of	$0.30 per share.

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

• Series C-2, Dividend No. 18 of US$16.875 per share (equivalent to US$0.421875 per related depositary share), payable on May 7, 2020, to shareholders of record on April 27, 2020.

SOURCE Royal Bank of Canada

Investor Contact: Shirley Boudreau, Shareholder Relations, 416-955-7806, [email protected]; Media Contact: Marie McGee, Corporate Communications, 416-974-2789, [email protected]

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