Royal Bank of Canada ($RY) announced its next dividend of C$1.38 per share, a 2.22% increase over the company's previous payout of C$1.35.
DivGro's annual dividend income will increase by approximately $9.96 as a result (after accounting for the exchange rate).
The dividend is payable on 23 February 2024 to shareholders of record at the close of business on 25 January 2024. The ex-dividend date is 24 January 2024.
As with all foreign currency dividends, I'll update DivGro's projected annual dividend income [PADI] when the dividend is paid in February 2024.
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