RCL - NYSE
Royal Caribbean Cruises Ltd.
$286.42
-1.5%Royal Caribbean Cruises Ltd. operates as a cruise company worldwide. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, Azamara, and Silversea Cruises brands, which comprise a range of itineraries that call on approximately 1,000 destinations. As of February 25, 2022, it operated 61 ships. The company was founded in 1968 and is headquartered in Miami, Florida.
At a Glance
Live SnapshotRoyal Caribbean Cruises Ltd. Dividend History
RCL Dividend Payment History
Total Payments
50
Latest Dividend
$1.5000
Annual Amount
$5.7500
Frequency
Quarterly
| Declaration | Ex-Date | Payment Date | Dividend | Adjusted | Frequency | Growth |
|---|---|---|---|---|---|---|
May 5, 2026 | Jun 3, 2026 | Jul 2, 2026 | $1.5000 | $1.5000 | Quarterly | 0.00% |
Feb 10, 2026 | Mar 6, 2026 | Apr 3, 2026 | $1.5000 | $1.5000 | Quarterly | +50.00% |
Dec 10, 2025 | Dec 26, 2025 | Jan 14, 2026 | $1.0000 | $1.0000 | Quarterly | 0.00% |
Sep 10, 2025 | Sep 25, 2025 | Oct 13, 2025 | $1.0000 | $1.0000 | Quarterly | +33.33% |
May 6, 2025 | Jun 4, 2025 | Jul 3, 2025 | $0.7500 | $0.7500 | Quarterly | 0.00% |
Feb 12, 2025 | Mar 7, 2025 | Apr 4, 2025 | $0.7500 | $0.7500 | Quarterly | +36.36% |
Dec 11, 2024 | Dec 27, 2024 | Jan 13, 2025 | $0.5500 | $0.5500 | Quarterly | +37.50% |
N/A | Sep 20, 2024 | Oct 11, 2024 | $0.4000 | $0.4000 | Quarterly | -48.72% |
Feb 20, 2020 | Mar 6, 2020 | Apr 6, 2020 | $0.7800 | $0.7800 | Quarterly | 0.00% |
Dec 5, 2019 | Dec 20, 2019 | Jan 6, 2020 | $0.7800 | $0.7800 | Quarterly | 0.00% |
Sep 6, 2019 | Sep 20, 2019 | Oct 11, 2019 | $0.7800 | $0.7800 | Quarterly | +11.43% |
May 14, 2019 | Jun 4, 2019 | Jul 3, 2019 | $0.7000 | $0.7000 | Quarterly | 0.00% |
Feb 15, 2019 | Mar 7, 2019 | Apr 5, 2019 | $0.7000 | $0.7000 | Quarterly | 0.00% |
Dec 5, 2018 | Dec 20, 2018 | Jan 4, 2019 | $0.7000 | $0.7000 | Quarterly | 0.00% |
Sep 7, 2018 | Sep 21, 2018 | Oct 11, 2018 | $0.7000 | $0.7000 | Quarterly | +16.67% |
May 10, 2018 | Jun 4, 2018 | Jul 3, 2018 | $0.6000 | $0.6000 | Quarterly | 0.00% |
Feb 15, 2018 | Mar 7, 2018 | Apr 5, 2018 | $0.6000 | $0.6000 | Quarterly | 0.00% |
Dec 7, 2017 | Dec 21, 2017 | Jan 5, 2018 | $0.6000 | $0.6000 | Quarterly | 0.00% |
Jul 8, 2017 | Sep 22, 2017 | Oct 11, 2017 | $0.6000 | $0.6000 | Quarterly | +25.00% |
May 4, 2017 | Jun 2, 2017 | Jul 5, 2017 | $0.4800 | $0.4800 | Quarterly | 0.00% |
Feb 9, 2017 | Mar 7, 2017 | Apr 5, 2017 | $0.4800 | $0.4800 | Quarterly | 0.00% |
Dec 7, 2016 | Dec 21, 2016 | Jan 5, 2017 | $0.4800 | $0.4800 | Quarterly | 0.00% |
Sep 21, 2016 | Sep 29, 2016 | Oct 13, 2016 | $0.4800 | $0.4800 | Quarterly | +28.00% |
May 19, 2016 | May 31, 2016 | Jun 13, 2016 | $0.3750 | $0.3750 | Quarterly | 0.00% |
Feb 11, 2016 | Feb 22, 2016 | Mar 3, 2016 | $0.3750 | $0.3750 | Quarterly | 0.00% |
Dec 8, 2015 | Dec 21, 2015 | Jan 5, 2016 | $0.3750 | $0.3750 | Quarterly | 0.00% |
Sep 4, 2015 | Sep 18, 2015 | Oct 6, 2015 | $0.3750 | $0.3750 | Quarterly | +25.00% |
May 7, 2015 | May 19, 2015 | Jun 2, 2015 | $0.3000 | $0.3000 | Quarterly | 0.00% |
Feb 9, 2015 | Feb 18, 2015 | Mar 4, 2015 | $0.3000 | $0.3000 | Quarterly | 0.00% |
Dec 10, 2014 | Dec 22, 2014 | Jan 6, 2015 | $0.3000 | $0.3000 | Quarterly | 0.00% |
Sep 9, 2014 | Sep 22, 2014 | Oct 2, 2014 | $0.3000 | $0.3000 | Quarterly | +20.00% |
May 9, 2014 | May 20, 2014 | Jun 5, 2014 | $0.2500 | $0.2500 | Quarterly | 0.00% |
Feb 7, 2014 | Feb 18, 2014 | Mar 4, 2014 | $0.2500 | $0.2500 | Quarterly | 0.00% |
Dec 5, 2013 | Dec 16, 2013 | Jan 2, 2014 | $0.2500 | $0.2500 | Quarterly | 0.00% |
Sep 13, 2013 | Sep 24, 2013 | Oct 8, 2013 | $0.2500 | $0.2500 | Quarterly | +108.33% |
May 8, 2013 | May 21, 2013 | Jun 4, 2013 | $0.1200 | $0.1200 | Quarterly | 0.00% |
Feb 11, 2013 | Feb 21, 2013 | Mar 6, 2013 | $0.1200 | $0.1200 | Quarterly | 0.00% |
Dec 6, 2012 | Dec 17, 2012 | Dec 28, 2012 | $0.1200 | $0.1200 | Quarterly | 0.00% |
Sep 13, 2012 | Sep 25, 2012 | Oct 9, 2012 | $0.1200 | $0.1200 | Quarterly | +20.00% |
May 9, 2012 | May 22, 2012 | Jun 6, 2012 | $0.1000 | $0.1000 | Quarterly | 0.00% |
Feb 16, 2012 | Feb 29, 2012 | Mar 15, 2012 | $0.1000 | $0.1000 | Quarterly | 0.00% |
Dec 7, 2011 | Dec 22, 2011 | Jan 11, 2012 | $0.1000 | $0.1000 | Quarterly | 0.00% |
Jul 27, 2011 | Aug 12, 2011 | Aug 30, 2011 | $0.1000 | $0.1000 | Quarterly | -33.33% |
Sep 4, 2008 | Sep 15, 2008 | Sep 29, 2008 | $0.1500 | $0.1500 | Quarterly | 0.00% |
May 22, 2008 | Jun 6, 2008 | Jun 20, 2008 | $0.1500 | $0.1500 | Quarterly | 0.00% |
Mar 7, 2008 | Mar 17, 2008 | Apr 1, 2008 | $0.1500 | $0.1500 | Quarterly | 0.00% |
Dec 19, 2007 | Dec 28, 2007 | Jan 8, 2008 | $0.1500 | $0.1500 | Quarterly | 0.00% |
Aug 28, 2007 | Sep 28, 2007 | Oct 10, 2007 | $0.1500 | $0.1500 | Quarterly | 0.00% |
Jun 7, 2007 | Jun 19, 2007 | Jun 29, 2007 | $0.1500 | $0.1500 | Quarterly | 0.00% |
Feb 1, 2007 | Mar 1, 2007 | Mar 30, 2007 | $0.1500 | $0.1500 | Quarterly | - |
Royal Caribbean Cruises Ltd. Payout Ratio Analysis
Dividend Sustainability Analysis
Payout Ratio
Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.
FCF Payout Ratio
Excellent FCF coverage. Dividend is well-supported by actual cash generation with ample room for increases and business reinvestment.
Dividend Growth
Significant dividend reduction signals serious challenges. Company prioritizing financial stability over shareholder returns. High risk of further cuts.
Sustainability
Sustainable dividend with adequate coverage. Some areas for improvement but overall appears safe for dividend investors.
Key Insight
Recent dividend cut signals distress: Management forced to reduce payout, indicating financial pressure. Evaluate whether business challenges are temporary or structural before reinvesting.
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Research Paths
Snapshot
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Value Model
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Statements
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Earnings Call
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Dividends
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Analyst Expectations
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