TORONTO - Royal Bank of Canada said on Wednesday its first-quarter profit rose 2% due largely to higher capital markets income and raised its dividend by 6%.

Canada's largest bank said it earned $ 2.09 billion, or $1.38 a share, in the fiscal first quarter ended Jan. 31. That compared with a profit of $2.05 billion, or $1.34 a share, a year earlier.

© Thomson Reuters 2014

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