RBC stock has two near-term triggers: a dividend date Monday and a Bank of Canada call
Royal Bank of Canada shares closed Friday at C$232.71 in Toronto, nearly unchanged ahead of Monday’s dividend record date and the Bank of Canada’s rate decision Wednesday. RBC raised its quarterly dividend to C$1.64 per share, payable Feb. 24. The bank will report quarterly results Feb. 26. Canada’s main stock index ended at a record high Friday, lifted by gains in gold and oil.