RCL Dividends
Royal Caribbean Cruises Ltd. (RCL) pays $5.00 in dividends per share, with a current dividend yield of 1.56%. The company has dividend history for 1 consecutive years.
RCL Dividend Summary
1.56%
$5.00
30.50%
98.83%
Consecutive Years
1
Most Recent Ex-Date
Jun 3, 2026
Next Payment Date
Jul 2, 2026
RCL Dividends per Share (Nominal History)
View full nominal table listThis step chart displays the nominal dividend payouts over time on their actual payment dates, matching the distribution frequency.
RCL Dividends CAGR Chart
Royal Caribbean Cruises Ltd. (RCL)
Annual Dividend History
| Year | Dividend/Share | YoY Growth |
|---|---|---|
| 2026(YTD) | $3.00 | — |
| 2025 | $3.50 | N/A |
| 2024 | $0.95 | N/A |
| 2020 | $0.78 | N/A |
| 2019 | $2.96 | +13.85% |
| 2018 | $2.60 | +20.37% |
| 2017 | $2.16 | +26.32% |
| 2016 | $1.71 | +26.67% |
| 2015 | $1.35 | +22.73% |
| 2014 | $1.10 | +48.65% |
| 2013 | $0.74 | +68.18% |
| 2012 | $0.44 | N/A |
| 2011 | $0.20 | N/A |
| 2008 | $0.45 | N/A |
| 2007 | $0.60 | +0.00% |
| 2006 | $0.60 | +7.14% |
| 2005 | $0.56 | +7.69% |
| 2004 | $0.52 | +0.00% |
| 2003 | $0.52 | +0.00% |
| 2002 | $0.52 | +0.00% |
Quarterly Dividend History
| Quarter | Dividend/Share | YoY Growth |
|---|---|---|
| Q2 2026 | $1.50 | +100.00% |
| Q1 2026 | $1.50 | +100.00% |
| Q4 2025 | $1.00 | +81.82% |
| Q3 2025 | $1.00 | +150.00% |
| Q2 2025 | $0.75 | — |
| Q1 2025 | $0.75 | — |
| Q4 2024 | $0.55 | — |
| Q3 2024 | $0.40 | — |
| Q1 2020 | $0.78 | +11.43% |
| Q4 2019 | $0.78 | +11.43% |
| Q3 2019 | $0.78 | +11.43% |
| Q2 2019 | $0.70 | +16.67% |
| Q1 2019 | $0.70 | +16.67% |
| Q4 2018 | $0.70 | +16.67% |
| Q3 2018 | $0.70 | +16.67% |
| Q2 2018 | $0.60 | +25.00% |
| Q1 2018 | $0.60 | +25.00% |
| Q4 2017 | $0.60 | +25.00% |
| Q3 2017 | $0.60 | +25.00% |
| Q2 2017 | $0.48 | +28.00% |
| Q1 2017 | $0.48 | +28.00% |
| Q4 2016 | $0.48 | +28.00% |
| Q3 2016 | $0.48 | +28.00% |
| Q2 2016 | $0.38 | +25.00% |
Dividend Yield Metrics
- Current Yield
- 1.56%
- Average Yield (TTM)
- 1.56%
- Average Yield (3Y)
- 0.54%
- Forward Yield on Cost (3Y)
- 2.10%
- Forward Yield on Cost (5Y)
- 2.56%
- Forward Yield on Cost (10Y)
- 4.20%
Payout Ratio Analysis
- Payout Ratio (Current)
- 30.50%
- FCF Payout Ratio
- 98.83%
- Payout Ratio (3Y Avg)
- 21.30%
- Payout Ratio (5Y Avg)
- 24.53%
- FCF Payout (3Y Avg)
- 59.59%
- FCF Payout (5Y Avg)
- 369.70%
An FCF payout above 100% means dividends exceeded the period's free cash flow, often because of temporarily depressed FCF (one-off capex or working-capital swings) rather than an unfunded dividend. Compare against the earnings payout ratio and the multi-year trend before drawing a conclusion.
Dividend Coverage
About Royal Caribbean Cruises Ltd.
Royal Caribbean Cruises Ltd. is a prominent global operator within the cruise sector. The company manages several well-known cruise lines, such as Royal Caribbean International, Celebrity Cruises, Azamara, and Silversea Cruises. Through these brands, it offers a wide array of voyages that call upon approximately 1,000 different destinations across the globe. As of February 25, 2022, its expansive fleet comprised 61 vessels. Established in 1968, the company's corporate headquarters are situated in Miami, Florida.
- Sector
- Consumer Cyclical
- Industry
- Travel Services
- CEO
- Jason T. Liberty