Royal Bank of Canada quarterly dividend up from C$1,02 to C$1,05

This image has an empty alt attribute; its file name is royalbankofcanada.jpg

Royal Bank of Canada announced that the quarterly dividend will be increased from C$1,02 to C$1,05.

As a result this increase my yearly estimated dividend income will increase by C$1,64.

Based on the increased dividend the current yield will be 4,2%.