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Following the Bank of Montreal (BMO)'s Q4 results on Tuesday, Royal Bank of Canada (RY) or commonly known as RBC, reported Q4 and fiscal 2013 results today. Although RBC did not raise its dividend like BMO, ralph lauren outlet uk its solid performance in fiscal 2013 is a harbinger for future dividend increases. Similar to other big 5 Canadian banks, RBC has been paying and growing its dividend for over 100 years and investors should expect further dividend increases down the road..
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