RCL Dividend History & Analysis | 1.5% Yield

RCL has a dividend yield of 1.5% and paid 5.75 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 1.48%
Payout Ratio 30.3%
Growth Rate CAGR 5y 268.4%
Consistency Lifetime 74.7%
Yield on Cost 5y 6.1%
Payout FCF 28.2%
Streak Years 2
Dividend Rating 66%
Ex-Dividend in 2 days: Buy before Jun 3, 2026 to receive the next dividend.
Dividends Cash Amount per Share Yearly This chart shows the yearly cash amount paid as dividends per share.
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.
■ Payout Yield (right) ■ Price (left) ┅┅ Avg Payout Yield

Top Dividend Payers in Hotels, Resorts & Cruise Lines

Top 5 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
ATAT 4,676 M 2.20% 10.80%
AC 12,281 M 2.77% 8.69%
TNL 4,065 M 3.75% 4.21%
AMS 25,783 M 2.12% 4.18%
WH 5,924 M 2.10% 3.00%
Top 5 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
ATAT 4,676 M 128.04% 100.0%
HTHT 13,820 M 103.89% 48.3%
MAR 101,747 M 38.21% 63.5%
VAC 2,582 M 30.89% 94.5%
MEL 2,875 M 53.58% 66.1%
RCL Dividend History: Last 50 Payments (USD) as of May 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-06-03 2026-06-03 2026-07-02 Quarterly 1.5 0% N/A
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 -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

RCL Dividend FAQ

What is the Dividend Yield of RCL?

As of May 2026, RCL's dividend yield is 1.48%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 5.75 USD by the current share price of 284.63.

Does RCL pay a dividend?

As of May 2026, RCL paid a dividend of 5.75 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 5 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 1.063 (-29.1%) and 1.145 (-23.7%). This represents a significant dividend cut compared to the last payment. The expected Yield for the next 12 months is about 1.54%.

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 2026-06-03.

What is the next Ex-Dividend Date for RCL?

The next Ex-Dividend date for Royal Caribbean Cruises (RCL) is 2026-06-03.

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 6.11%. If you bought RCL's shares at 94.09 USD five years ago, your current annual dividend income (5.75 USD per share, trailing 12 months) equals 6.11% 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 1.48% 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 65.98%. 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: -62.9%). 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: 2026-05-26 02:53 UTC