What is the total return of RY over the past year?
Royal Bank of Canada (RY) delivered a total return of 45.79% over the past year when dividends are reinvested. The price-only return was 41.01%, meaning dividends contributed an additional 4.77 percentage points to total returns.
How much would $10,000 invested in RY be worth today?
A $10,000 investment in Royal Bank of Canada one year ago would be worth $14,579 today with dividends reinvested (DRIP). Without reinvesting dividends, the same investment would be worth $14,101. Dividend reinvestment added $477 to the portfolio value.
Does RY pay dividends?
Yes, Royal Bank of Canada (RY) pays dividends. Over the past year, RY paid 4 dividends totaling $4.3232 per share. Reinvesting these dividends through a DRIP can significantly boost long-term returns.