Royal Caribbean Cruises Ltd. Declares Quarterly Dividend of $1.50 (NYSE:RCL)

Royal Caribbean Cruises Ltd. (NYSE:RCL) announced a quarterly dividend on Tuesday, May 5th. Stockholders of record on Wednesday, June 3rd will be paid a dividend of 1.50 per share on Thursday, July 2nd. This represents a c) annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Wednesday, June 3rd.

Royal Caribbean Cruises has raised its dividend by an average of 0.4%per year over the last three years and has increased its dividend annually for the last 1 consecutive years. Royal Caribbean Cruises has a dividend payout ratio of 33.9% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Royal Caribbean Cruises to earn $20.12 per share next year, which means the company should continue to be able to cover its $6.00 annual dividend with an expected future payout ratio of 29.8%.

Royal Caribbean Cruises Price Performance

Shares of RCL opened at $263.87 on Wednesday. Royal Caribbean Cruises has a fifty-two week low of $223.00 and a fifty-two week high of $366.50. The company has a market capitalization of $70.77 billion, a price-to-earnings ratio of 16.10, a price-to-earnings-growth ratio of 0.90 and a beta of 1.77. The firm has a 50-day simple moving average of $278.50 and a 200-day simple moving average of $285.14. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.17 and a current ratio of 0.20.

Royal Caribbean Cruises (NYSE:RCL) last announced its earnings results on Thursday, April 30th. The company reported $3.60 earnings per share for the quarter, topping the consensus estimate of $3.20 by $0.40. Royal Caribbean Cruises had a net margin of 24.36% and a return on equity of 45.25%. The business had revenue of $4.45 billion during the quarter, compared to the consensus estimate of $4.46 billion. During the same quarter in the prior year, the firm earned $2.71 earnings per share. The business’s quarterly revenue was up 11.3% compared to the same quarter last year. Royal Caribbean Cruises has set its Q2 2026 guidance at 3.830-3.930 EPS and its FY 2026 guidance at 17.100-17.500 EPS. On average, equities research analysts anticipate that Royal Caribbean Cruises will post 17.42 earnings per share for the current year.

Royal Caribbean Cruises Company Profile

Royal Caribbean Cruises (NYSE: RCL), operating as part of the Royal Caribbean Group, is a global cruise company that develops, markets and operates passenger cruise ships. The company operates multiple consumer-facing cruise brands that offer short- and long-duration itineraries and a range of onboard experiences. Its core activities include itineraries and voyage operations, guest services and hospitality, onboard food and beverage, entertainment and recreation programming, and the commercial activities needed to sell and support cruises through both direct and travel?agent channels.

Royal Caribbean’s ships serve a broad set of geographies worldwide, regularly deploying vessels in the Caribbean, North America (including Alaska), Europe, Asia, Australia and South America.