Royal Bank of Canada (TSE:RY) (NYSE:RY) Director David Ian Mckay sold 8,259 shares of the company’s stock in a transaction on Thursday, March 21st. The shares were sold at an average price of C$102.11, for a total value of C$843,342.18. Following the completion of the sale, the director now directly owns 5,873 shares in the company, valued at approximately C$599,703.19.
David Ian Mckay also recently made the following trade(s):
- On Friday, February 22nd, David Ian Mckay sold 8,259 shares of Royal Bank of Canada stock. The shares were sold at an average price of C$101.65, for a total value of C$839,492.66.
- On Tuesday, January 22nd, David Ian Mckay sold 8,259 shares of Royal Bank of Canada stock. The shares were sold at an average price of C$99.57, for a total value of C$822,366.80.
Shares of RY traded up C$0.36 during trading hours on Monday, reaching C$105.05. 2,429,588 shares of the company traded hands, compared to its average volume of 2,925,826. The firm has a market cap of $149.86 billion and a P/E ratio of 12.36. Royal Bank of Canada has a fifty-two week low of C$90.10 and a fifty-two week high of C$105.12.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 24th. Investors of record on Thursday, April 25th will be paid a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a dividend yield of 3.88%. The ex-dividend date is Wednesday, April 24th. Royal Bank of Canada’s payout ratio is currently 45.17%.
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About Royal Bank of Canada
Royal Bank of Canada operates as a diversified financial service company worldwide. The company's Personal & Commercial Banking segment offers check and savings accounts; home equity and auto financing, personal lending, private banking, mutual fund, self-directed brokerage account, and guaranteed investment certificate services; and credit cards, and payment products and solutions for individuals.
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