This morning, Royal Bank of Canada (NYSE:RY) declared its quarterly dividend of 54 cents per share, maintaining the amount paid to shareholders last quarter. Based on the current stock price, investors can expect a yield of about 4.4% going forward.
Shares of Royal Bank of Canada were lower on Friday, falling 2.7% so far.
In other dividend news, Old Republic International (NYSE:ORI) maintained its quarterly dividend of 17.5 cents per share. Macy's (NYSE:M) maintained its quarterly dividend of 10 cents per share. Regis (NYSE:RGS) maintained its quarterly dividend of 6 cents per share. And Bebe Stores (NASDAQ:BEBE) maintained its quarterly dividend of 2.5 cents per share.
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