- ACTIVE STOCK TRADERS: Check out TheStreet's special offer for Real Money, headlined by Jim Cramer, now!
NEW YORK ( TheStreet) -- The ex-dividend date for Royal Bank of Canada (NYSE: RY) is tomorrow, July 24, 2012. Owners of shares as of market close today will be eligible for a dividend of 56 cents per share. At a price of $50.66 as of 9:30 a.m. ET, the dividend yield is 4.3%. The average volume for Royal Bank of Canada has been 759,700 shares per day over the past 30 days. Royal Bank of Canada has a market cap of $75.4 billion and is part of the financial sector and banking industry. Shares are up 1.5% year to date as of the close of trading on Friday. Royal Bank of Canada provides personal and commercial banking, wealth management services, insurance, corporate and investment banking, and transaction processing services under the RBC name worldwide. The company has a P/E ratio of 12, below the average banking industry P/E ratio of 16.7 and below the S&P 500 P/E ratio of 17.7.