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RBC profit rises 12%, bank raises dividend


Blog by Brad Herman | February 28th, 2013


Royal Bank of Canada (RY-T 63.48 0.23 0.36%) reported a stronger-than-expected 12-percent rise in quarterly profit on Thursday on the back of stronger loan growth and capital markets income, prompting the bank to raise its dividend by 5 percent.
http://www.bnn.ca/News/2013/2/28/RBC-profit-rises-12-bank-raises-dividend.aspx#.US9mM85vLr0.facebook