Royal Bank of Canada (TSX:RY) Reports Strong Q2 Earnings and Raises Dividends
Royal Bank of Canada (TSX:RY) recently reported a strong second quarter with net interest income rising to CAD 15,672 million from CAD 14,154 million and net income climbing to CAD 4,390 million from CAD 3,950 million year-over-year. Alongside these solid financial results, the company announced a 4% increase in its quarterly common share dividend. Over the past month, RBC's share price moved up by 9%, reflecting positive sentiment in a market that has experienced mixed overall trends,...