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

Key Points

• Royal Caribbean announced a quarterly dividend of $1.50 per share (annualized $6.00), payable July 2 to shareholders of record on June 3, implying a yield of about 2.3%.
• The dividend appears sustainable: the company has a payout ratio of about 33.9% and modest historical dividend growth, with analysts' earnings forecasts indicating continued coverage of the $6.00 annual payout.
• Royal Caribbean reported Q1 EPS of $3.60, beating estimates by $0.40 on revenue of $4.45 billion (up 11.3% YoY), and issued Q2 guidance of 3.83–3.93 EPS and FY2026 guidance of 17.10–17.50 EPS.

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

Royal Caribbean Cruises has raised its dividend payment by an average of 0.4%annually over the last three years and has increased its dividend annually for the last 1 consecutive years. Royal Caribbean Cruises has a payout ratio of 33.9% meaning its dividend is sufficiently covered by earnings. 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 Stock Up 1.7%

Shares of NYSE RCL opened at $263.87 on Wednesday. The firm has a market cap of $70.77 billion, a price-to-earnings ratio of 16.10, a PEG ratio of 0.90 and a beta of 1.77. The company has a quick ratio of 0.17, a current ratio of 0.20 and a debt-to-equity ratio of 1.96. Royal Caribbean Cruises has a 52-week low of $223.00 and a 52-week high of $366.50. The business's 50 day moving average is $278.50 and its two-hundred day moving average is $285.14.

Royal Caribbean Cruises (NYSE:RCL - Get Free Report) last announced its earnings results on Thursday, April 30th. The company reported $3.60 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.20 by $0.40. The company had revenue of $4.45 billion for the quarter, compared to analyst estimates of $4.46 billion. Royal Caribbean Cruises had a return on equity of 45.25% and a net margin of 24.36%.The firm's quarterly revenue was up 11.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.71 earnings per share. 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. Research analysts predict that Royal Caribbean Cruises will post 17.42 EPS 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.

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