06:32 AM EDT, 05/30/2024 (MT Newswires) -- Royal Bank of Canada ( RY ) reported fiscal Q2 adjusted earnings Thursday of 2.92 Canadian dollars ($2.13) per diluted share, up from CA$2.68 a year earlier.

Analysts polled by Capital IQ expected CA$2.74.

Revenue for the quarter ended April 30 was CA$14.15 billion, up from CA$12.45 billion a year earier.

Analysts surveyed by Capital IQ expected CA$13.6 billion.

The company raised its quarterly dividend by 3% to CA$1.42 per share. The dividend is payable on or after Aug. 23 to shareholders of record on July 25.

Shares of the company added nearly 6% in recent premarket trading activity.

Price: 109.00, Change: +6.15, Percent Change: +5.98