RCL Dividend History & Analysis | 1.3% Yield

RCL has a dividend yield of 1.3% and paid 3.5 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 1.29%
Payout Ratio 24.2%
Growth Rate CAGR 5y 268.42%
Consistency Lifetime 74.7%
Yield on Cost 5y 5.21%
Payout FCF 32.4%
Streak Years 2
Dividend Rating 63.84%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.
■ Yield (right) | ■ Price (left) | ┅ Avg Yield
Total Return 12m: 15.6%
Total Return 5y: 313.1%

Top Dividend Payers in Hotels, Resorts & Cruise Lines

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
TNL 4,707 M 4.04% 5.75%
ATAT 5,098 M 2.20% 6.38%
IHG 20,949 M 2.74% 5.01%
AC 12,653 M 2.77% 4.91%
WH 6,125 M 1.98% 3.0%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
ATAT 5,098 M 128% 100%
HTHT 14,805 M 104% 48.3%
MAR 88,463 M 38.2% 68.0%
VAC 2,072 M 30.9% 94.5%
CHH 4,813 M 22.1% 66.2%

Quality Dividend Peers in Hotels, Resorts & Cruise Lines

HTHT
Huazhu
 5.16% Yield
ATAT
Atour Lifestyle
 2.20% Yield

RCL Dividend History: Last 50 Payments (USD) as of January 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
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 -48.7% 0.23%
2020-03-05 2020-03-06 2020-04-06 Quarterly 0.78 0% N/A
2019-12-19 2019-12-20 2020-01-06 Quarterly 0.78 0% N/A
2019-09-19 2019-09-20 2019-10-11 Quarterly 0.78 11.4% N/A
2019-06-03 2019-06-04 2019-07-03 Quarterly 0.7 0% N/A
2019-03-06 2019-03-07 2019-04-05 Quarterly 0.7 0% N/A
2018-12-19 2018-12-20 2019-01-04 Quarterly 0.7 0% N/A
2018-09-20 2018-09-21 2018-10-11 Quarterly 0.7 16.7% N/A
2018-06-01 2018-06-04 2018-07-03 Quarterly 0.6 0% N/A
2018-03-06 2018-03-07 2018-04-05 Quarterly 0.6 0% N/A
2017-12-20 2017-12-21 2018-01-05 Quarterly 0.6 0% N/A
2017-09-21 2017-09-22 2017-10-11 Quarterly 0.6 25% N/A
2017-05-31 2017-06-02 2017-07-05 Quarterly 0.48 0% N/A
2017-03-03 2017-03-07 2017-04-05 Quarterly 0.48 0% N/A
2016-12-19 2016-12-21 2017-01-05 Quarterly 0.48 0% N/A
2016-09-27 2016-09-29 2016-10-13 Quarterly 0.48 28% N/A
2016-05-26 2016-05-31 2016-06-13 Quarterly 0.375 0% N/A
2016-02-18 2016-02-22 2016-03-03 Quarterly 0.375 0% N/A
2015-12-17 2015-12-21 2016-01-05 Quarterly 0.375 0% N/A
2015-09-16 2015-09-18 2015-10-06 Quarterly 0.375 25% N/A
2015-05-15 2015-05-19 2015-06-02 Quarterly 0.3 0% N/A
2015-02-13 2015-02-18 2015-03-04 Quarterly 0.3 0% N/A
2014-12-18 2014-12-22 2015-01-06 Quarterly 0.3 0% N/A
2014-09-18 2014-09-22 2014-10-02 Quarterly 0.3 20% N/A
2014-05-16 2014-05-20 2014-06-05 Quarterly 0.25 0% N/A
2014-02-13 2014-02-18 2014-03-04 Quarterly 0.25 0% N/A
2013-12-12 2013-12-16 2014-01-02 Quarterly 0.25 0% N/A
2013-09-20 2013-09-24 2013-10-08 Quarterly 0.25 108.3% N/A
2013-05-17 2013-05-21 2013-06-04 Quarterly 0.12 0% N/A
2013-02-19 2013-02-21 2013-03-06 Quarterly 0.12 0% N/A
2012-12-13 2012-12-17 2012-12-28 Quarterly 0.12 0% N/A
2012-09-21 2012-09-25 2012-10-09 Quarterly 0.12 20% N/A
2012-05-18 2012-05-22 2012-06-06 Quarterly 0.1 0% N/A
2012-02-27 2012-02-29 2012-03-15 Quarterly 0.1 0% N/A
2011-12-20 2011-12-22 2012-01-11 Quarterly 0.1 0% N/A
2011-08-10 2011-08-12 2011-08-30 Quarterly 0.1 -33.3% N/A
2008-09-11 2008-09-15 2008-09-29 Quarterly 0.15 0% N/A
2008-06-04 2008-06-06 2008-06-20 Quarterly 0.15 0% N/A
2008-03-13 2008-03-17 2008-04-01 Quarterly 0.15 0% N/A
2007-12-26 2007-12-28 2008-01-08 Quarterly 0.15 0% N/A
2007-09-26 2007-09-28 2007-10-10 Quarterly 0.15 0% N/A
2007-06-15 2007-06-19 2007-06-29 Quarterly 0.15 0% N/A
2007-02-27 2007-03-01 2007-03-30 Quarterly 0.15 0% N/A
2006-12-20 2006-12-22 2006-12-29 Quarterly 0.15 0% N/A
2006-09-27 2006-09-29 2006-10-10 Quarterly 0.15 0% N/A

RCL Dividend FAQ

Royal Caribbean Cruises Ltd. (NYSE:RCL) is a U.S.–based cruise operator that runs three brands-Royal Caribbean International, Celebrity Cruises, and Silversea Cruises-offering a broad spectrum of itineraries worldwide. As of 12 Feb 2025 the fleet comprised 67 vessels, a mix of large-scale ships and boutique luxury vessels, supporting its position in the Hotels, Resorts & Cruise Lines sub-industry.

What is the Dividend Yield of RCL?

As of January 2026, RCL`s dividend yield is 1.29%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 3.50 USD by the current share price of 277.77.

Does RCL pay a dividend?

As of January 2026, RCL paid a dividend of 3.50 USD in the last 12 months. The last dividend was paid on 2025-12-26 and the payout was 1 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 2025-12-26.

RCL dividend forecast

Based on historical data, the forecasted dividends per share for RCL for the next 4 payments are between 0.835 (-16.5%) and 0.869 (-13.1%).
This represents a significant dividend cut compared to the last payment.

Will RCL pay dividends in 2026?

The latest dividend paid per share was 1 USD with an Ex-Dividend Date of 2025-12-26. 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 268% 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 5.21%. If you bought RCL's shares at 67.24 USD five years ago, your current annual dividend income (3.50 USD per share, trailing 12 months) equals 5.21% of your original purchase price.

What is the Payout Consistency of RCL?

RCL Payout Consistency is 74.7%. 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.
Unstable: Royal Caribbean Cruises has an inconsistent track record of dividend payments over its lifetime.

Does RCL have a good Dividend Yield?

RCL`s 1.29% 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 24.2%. Very low - Often a strong indicator of potential dividend growth.

What is the Dividend Rating of RCL?

RCL`s Overall Dividend Rating is 63.84%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

RCL Outstanding Shares Analysis

What is the Trend in RCL's Outstanding Shares?

Royal Caribbean Cruises's outstanding shares have decreased by approximately 1.08% annually over the past 3 years (Trend Reliability: -100.0%).

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
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 274,000,000 -1.08%

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: 2026-01-22 02:41