RCL Dividend History & Analysis | 1.7% Yield

RCL has a dividend yield of 1.7% and paid 5 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 1.73%
Payout Ratio 30.3%
Growth Rate CAGR 5y 105.1%
Consistency Lifetime 100%
Yield on Cost 5y 6.4%
Payout FCF 70.2%
Streak Years 2
Dividend Rating 64.3%
Chowder Number yield + growth 106.9% meets 15% target for healthy growth
Yield vs Average 5y +66.9% avg 1.04% vs now 1.73%
Debt / EBITDA leverage 3.0x moderate
Income per 10k invested 173 USD per year
Dividends Cash Amount per Share Yearly RCL annual dividends paid per share, showing the total cash Royal Caribbean Cruises distributed to shareholders each year.
Dividend Growth Year over Year RCL year-over-year dividend growth rate, showing how Royal Caribbean Cruises's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History RCL dividend yield history versus share price over the past 5 years, showing how Royal Caribbean Cruises's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) Price (left)

Top Dividend Payers in Hotels, Resorts & Cruise Lines

Top 10 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
BKNG NASDAQ
Booking Holdings
137,820 M 0.85% 34.73%
HTHT NASDAQ
Huazhu
12,445 M 4.83% 5.22%
SHOT ST
Scandic Hotels (publ)
1,818 M 2.85% 7.91%
ATAT NASDAQ
Atour Lifestyle Holdings
4,313 M 2.44% 7.48%
TNL NYSE
Travel + Leisure
4,501 M 3.37% 5.29%
AC PA
Accor S. A.
12,490 M 2.96% 5.06%
RCL NYSE
Royal Caribbean Cruises
78,726 M 1.73% 6.43%
WH NYSE
Wyndham Hotels & Resorts
5,501 M 2.11% 2.51%
IHG NYSE
InterContinental Hotels
22,743 M 1.37% 3.02%
MEL MC
Melia Hotels
2,657 M 1.19% 2.47%
Top 10 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
RCL NYSE
Royal Caribbean Cruises
78,726 M 105.12% 100.0%
MEL MC
Melia Hotels
2,657 M 36.25% 100.0%
HTHT NASDAQ
Huazhu
12,445 M 26.58% 92.9%
MAR NASDAQ
Marriott International
96,987 M 20.22% 100.0%
ATAT NASDAQ
Atour Lifestyle Holdings
4,313 M 22.88% 100.0%
IHG NYSE
InterContinental Hotels
22,743 M 21.07% 100.0%
EXPE NASDAQ
Expedia
31,199 M 18.74% 100.0%
TNL NYSE
Travel + Leisure
4,501 M 11.94% 100.0%
BKNG NASDAQ
Booking Holdings
137,820 M 9.68% 100.0%
WH NYSE
Wyndham Hotels & Resorts
5,501 M 8.42% 100.0%

RCL Dividend History

Dividend Monthly Return EX date, 1.8 years of data

Jan - -
Feb - -
Mar 0.45% 100
Apr - -
May - -
Jun 0.40% 100
Jul - -
Aug - -
Sep 0.27% 100
Oct - -
Nov - -
Dec 0.29% 100

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 8 Payments (USD) as of July 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-06-03 2026-06-03 2026-07-02 Quarterly 1.5 0% 0.52%
2026-03-06 2026-03-06 2026-04-03 Quarterly 1.5 +50% 0.55%
2025-12-26 2025-12-26 2026-01-14 Quarterly 1 0% 0.34%
2025-09-25 2025-09-25 2025-10-13 Quarterly 1 +33.3% 0.31%
2025-06-04 2025-06-04 2025-07-03 Quarterly 0.75 0% 0.28%
2025-03-07 2025-03-07 2025-04-04 Quarterly 0.75 +36.4% 0.35%
2024-12-27 2024-12-27 2025-01-13 Quarterly 0.55 +37.5% 0.23%
2024-09-20 2024-09-20 2024-10-11 Quarterly 0.4 0% 0.23%

RCL Dividend FAQ

What is the Dividend Yield of RCL?

As of July 2026, RCL's dividend yield is 1.73%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 5.00 USD by the current share price of 305.04.

Does RCL pay a dividend?

As of July 2026, RCL paid a dividend of 5.00 USD in the last 12 months. The last dividend was paid on 2026-06-03 and the payout was 1.5 USD.

How often does RCL pay dividends?

RCL pays dividends quarterly. Over the last 12 months, RCL has issued 4 dividend payments. The last dividend payment was made on 2026-06-03.

RCL dividend forecast

Based on historical data, the forecasted dividends per share for RCL for the next payments are between 1.506 (+0.4%) and 2.021 (+34.7%). This represents a strong dividend growth compared to the last payment. The expected Yield for the next 12 months is about 2.26%.

Will RCL pay dividends in 2026?

The latest dividend paid per share was 1.5 USD with an Ex-Dividend Date of 2026-06-03. The next Ex-Dividend date for Royal Caribbean Cruises (RCL) is currently unknown.

What is the next Ex-Dividend Date for RCL?

The next Ex-Dividend date for Royal Caribbean Cruises (RCL) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of RCL?

RCL's average dividend growth rate over the past 5 years is 105% per year. Strong growth: RCL's dividend growth is outpacing inflation.

What is the Yield on Cost of RCL?

RCL's 5-Year Yield on Cost is 6.43%. If you bought RCL's shares at 77.82 USD five years ago, your current annual dividend income (5.00 USD per share, trailing 12 months) equals 6.43% of your original purchase price.

What is the Payout Consistency of RCL?

RCL Payout Consistency is 100.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: Royal Caribbean Cruises has a strong track record of consistent dividend payments over its lifetime.

Does RCL have a good Dividend Yield?

RCL's 1.73% Dividend Yield is considered as low. This is usually a sign of a growth company.

What is the Dividend Payout Ratio of RCL?

The Dividend Payout Ratio of RCL is 30.3%. Healthy - Leaves room for growth and provides some protection to maintain dividends even in a recession.

What is the Dividend Rating of RCL?

RCL's Overall Dividend Rating is 64.26%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

RCL Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in RCL's Outstanding Shares?

Royal Caribbean Cruises's outstanding shares have decreased by approximately 1.44% annually over the past 3 years (Trend Reliability: -49.4%). Slightly positive: The company is modestly reducing its share count through buybacks. This provides a small tailwind to earnings per share and dividend sustainability.

Has RCL ever had a Stock Split?

Yes, the last stock split was on Aug 3, 1998 with a ratio of 2:1. This was a forward split: Each share became 2 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
1991 97,750,000 0%
1992 101,855,900 +4.2%
1993 122,492,100 +20.26%
1994 125,923,700 +2.8%
1995 127,393,200 +1.17%
1996 130,320,000 +2.3%
1997 164,866,400 +26.51%
1998 172,413,800 +4.58%
1999 173,469,400 +0.61%
2000 192,019,100 +10.69%
2001 192,254,000 +0.12%
2002 195,576,500 +1.73%
2003 206,825,400 +5.75%
2004 223,124,600 +7.88%
2005 225,156,700 +0.91%
2006 214,812,400 -4.59%
2007 214,134,200 -0.32%
2008 214,183,500 +0.02%
2009 215,482,000 +0.61%
2010 218,668,500 +1.48%
2011 219,081,500 +0.19%
2012 218,326,000 -0.34%
2013 221,561,000 +1.48%
2014 222,041,000 +0.22%
2015 219,893,000 -0.97%
2016 215,591,000 -1.96%
2017 215,085,000 -0.23%
2018 210,051,000 -2.34%
2019 209,767,000 -0.14%
2020 224,584,000 +7.06%
2021 254,792,000 +13.45%
2022 255,184,000 +0.15%
2023 280,000,000 +9.72%
2024 277,000,000 -1.07%
2025 273,000,000 -1.44%
2026 271,000,000 -0.73%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-07-25 02:39 UTC