Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 1.56%.
YIELD ON COST (YOC)
1.56%
RCL now pays $5.00 per share a year. Measured against the price it actually traded at back then, a long-term holder is earning:
| If you bought | Price then | Yield on cost today |
|---|---|---|
| 10 years ago(2016-08-02) | $67.35 | 7.42% |
| 5 years ago(2021-08-10) | $80.75 | 6.19% |
| 3 years ago(2023-08-11) | $102.82 | 4.86% |
| 1 year ago(2025-08-05) | $311.36 | 1.61% |
| Buying today(at $320.00) | $320.00 | 1.56% |
Projection: starting from today's 1.56% yield, assuming the dividend keeps compounding at its historical 35.0% rate. Boards set dividends each year, so actual figures will differ.
Today
1.56%
In 3 years
2.10%
In 5 years
2.56%
In 10 years
4.21%
Try your own purchase price, dividend and growth rate for Royal Caribbean Cruises Ltd. (RCL).
Starting Yield
1.56%
Ending YOC
141.19%
Year 15 Dividend
$451.80
Cum. Dividends Recd.
$1722.62
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $5.00 | N/A | 1.56% | $0.00 |
| Year 1 | $6.75 | +35.02% | 2.11% | $6.75 |
| Year 2 | $9.12 | +35.02% | 2.85% | $15.87 |
| Year 3 | $12.31 | +35.02% | 3.85% | $28.17 |
| Year 4 | $16.62 | +35.02% | 5.19% | $44.79 |
| Year 5 | $22.44 | +35.02% | 7.01% | $67.23 |
| Year 6 | $30.29 | +35.02% | 9.47% | $97.52 |
| Year 7 | $40.90 | +35.02% | 12.78% | $138.42 |
| Year 8 | $55.23 | +35.02% | 17.26% | $193.65 |
| Year 9 | $74.57 | +35.02% | 23.30% | $268.22 |
| Year 10 | $100.68 | +35.02% | 31.46% | $368.90 |
| Year 11 | $135.94 | +35.02% | 42.48% | $504.84 |
| Year 12 | $183.55 | +35.02% | 57.36% | $688.39 |
| Year 13 | $247.83 | +35.02% | 77.45% | $936.22 |
| Year 14 | $334.61 | +35.02% | 104.57% | $1270.83 |
| Year 15 | $451.80 | +35.02% | 141.19% | $1722.62 |
Yield on cost is the dividend yield measured against your original purchase price, not today's price. As a company raises its dividend, the yield on what you actually paid keeps rising even when the market yield holds steady.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
