RBC reports flat Q1 net income, dividend hike

[ahlam1399]

http://img-s-msn-com.akamaized.net/tenant/amp/entityid/BBJvjYW.img?h=100&w=100&m=6&q=60&o=f&l=fTORONTO - The Royal Bank of Canada hiked its dividend and delivered flat profits in the first quarter, as new U.S. tax reforms weighed on its latest earnings but also boosted the bank's business south of the border. The Toronto-based lender increased its quarterly payment to common shareholders by three cents to 94 cents per share as it reported net income of $3 billion in the three months ended Jan. 31 ? relatively unchanged compared with a year ...

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