Insider Selling: Royal Bank of Canada (RY) Director Sells 8,259 Shares of Stock

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.

Royal Bank of Canada (TSE:RY) (NYSE:RY) last posted its quarterly earnings data on Friday, February 22nd. The financial services provider reported C$2.19 EPS for the quarter, meeting analysts’ consensus estimates of C$2.19. The company had revenue of C$11.59 billion for the quarter, compared to analyst estimates of C$10.93 billion. On average, research analysts forecast that Royal Bank of Canada will post 9.63000068692766 earnings per share for the current fiscal year.

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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Insider Buying and Selling by Quarter for Royal Bank of Canada (TSE:RY)

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