08-23-2014, 12:25 AM
TORONTO, August 22, 2014 - Royal Bank of Canada (RY on TSX and NYSE) today announced an increase to its quarterly common share dividend of four cents per share, or six per cent, to 75 cents per share, payable on and after November 24, 2014, to common shareholders of record at the close of business on October 27, 2014.
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“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan