/C O R R E C T I O N -- Royal Bank of Canada/

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In the news release, "Royal Bank of Canada declares dividends", issued on February 27, 2025 by Royal Bank of Canada, the dividend declared on the Non-Cumulative First Preferred Shares - Series BW should read "$33.49" rather than "$34.49". All other aspects of the news release remain unchanged. The revised news release follows:

Royal Bank of Canada declares dividends

TORONTO, Feb. 27, 2025 /CNW/ - Royal Bank of Canada (TSX: RY) (NYSE: RY) announced today that its board of directors has declared a quarterly common share dividend of $1.48 per share, payable on or after May 23, 2025, to common shareholders of record at the close of business on April 24, 2025.

RBC Logo (CNW Group/Royal Bank of Canada)
RBC Logo (CNW Group/Royal Bank of Canada)

The board also declared dividends for the following Non-Cumulative First Preferred Shares, payable on or after May 23, 2025, to shareholders of record at the close of business on April 24, 2025.

  • Series BD   Dividend No. 41   of    $0.20 per share.

  • Series BF   Dividend No. 40   of    $0.1875 per share.

  • Series BH   Dividend No. 39   of    $0.30625 per share.

  • Series BI     Dividend No. 39   of    $0.30625 per share.

  • Series BO   Dividend No. 26   of    $0.3678125 per share.

The board also declared dividends for the following Non-Cumulative First Preferred Shares, payable on or after May 23, 2025, to shareholders of record at the close of business on May 16, 2025.

  • Series BW    Dividend No. 2   of    $33.49 per share.

For further information, please contact:

Investor Contact:
Asim Imran, Investor Relations, asim.imran@rbc.com, 416-955-7804

Media Contact:
Gillian McArdle, Financial Communications, gillian.mcardle@rbccm.com, 416-842-4231

SOURCE Royal Bank of Canada

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