Royal Bank of Canada announced a 4 cent increase of their quarterly dividend. The dividend is increased from C$0,98 to C$1,02.
This is an increase of 4,1%. I have 21 shares Royal Bank of Canada. As a result my yearly estimated dividend income will increase with C$2,18.
Based on the new dividend my yield on cost is now 3,48%. This is the 17th dividend increase in 2019 for me.