Royal Caribbean Cruises Ltd. (RCL) Dividend History

NYSE: RCLYield, payment dates, growth and payout ratio.

RCL latest dividend

$1.50last dividend per share
Ex-dividend dateSep 17Thursday, 2026
Payment dateOct 8Thursday, 2026

The next dividend has not been announced yet.

  • 2024paying since
  • Quarterly4 payments a year
  • —5-year growth a year
  • 2.16%forward yield

RCL dividend income calculator

Dividend income a year
$600
Each payment
$150
Value of the shares
$27,768
Dividend yield
2.16%

At the latest close; forward annual dividend $6.00 per share, before tax.

RCL dividends per share by year

Dividends per shareYield at year-end (right axis)

Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.

RCL dividend safety

Payout ratio (earnings)33.6%
Well covered · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)21.4%
Well covered · of fiscal 2025 free cash flow
Years of increases0
Short record · consecutive calendar years with a higher dividend

Descriptive bands, not a rating.

RCL yield on cost

Royal Caribbean Cruises Ltd. yield on cost
BoughtPrice paidYield on costDividends since% of price
1 year ago$300.312.00%$5.501.8%
3 years ago$82.837.24%$8.9510.8%
5 years ago$85.886.99%$8.9510.4%
10 years ago$70.058.57%$17.9325.6%
20 years ago$41.2114.56%$24.1958.7%

Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).

RCL dividend payments

Payment

Each bar is one payment, by ex-dividend month (last 40 payments).

RCL dividends by year

Royal Caribbean Cruises Ltd. dividends per share by year
YearDividends per shareGrowthYield (year-end)Payments
2025$3.50—1.25%4
2024$0.95—0.41%2

RCL dividend history

108 payments
Royal Caribbean Cruises Ltd. dividend payment history
Ex-dividend datePayment dateAmountChangeFrequency
2026-09-172026-10-08$1.50—Quarterly
2026-06-032026-07-02$1.50—Quarterly
2026-03-062026-04-03$1.50+50.0%Quarterly
2025-12-262026-01-14$1.00—Quarterly
2025-09-252025-10-13$1.00+33.3%Quarterly
2025-06-042025-07-03$0.75—Quarterly
2025-03-072025-04-04$0.75+36.4%Quarterly
2024-12-272025-01-13$0.55+37.5%Quarterly
2024-09-202024-10-11$0.4−48.7%Quarterly
2020-03-052020-04-06$0.78—Quarterly
2019-12-192020-01-06$0.78—Quarterly
2019-09-192019-10-11$0.78+11.4%Quarterly
2019-06-032019-07-03$0.7—Quarterly
2019-03-062019-04-05$0.7—Quarterly
2018-12-192019-01-04$0.7—Quarterly
2018-09-202018-10-11$0.7+16.7%Quarterly
Show all 108 payments
Ex-dividend datePayment dateAmountChangeFrequency
2018-06-012018-07-03$0.6—Quarterly
2018-03-062018-04-05$0.6—Quarterly
2017-12-202018-01-05$0.6—Quarterly
2017-09-212017-10-11$0.6+25.0%Quarterly
2017-05-312017-07-05$0.48—Quarterly
2017-03-032017-04-05$0.48—Quarterly
2016-12-192017-01-05$0.48—Quarterly
2016-09-272016-10-13$0.48+28.0%Quarterly
2016-05-262016-06-13$0.375—Quarterly
2016-02-182016-03-03$0.375—Quarterly
2015-12-172016-01-05$0.375—Quarterly
2015-09-162015-10-06$0.375+25.0%Quarterly
2015-05-152015-06-02$0.3—Quarterly
2015-02-132015-03-04$0.3—Quarterly
2014-12-182015-01-06$0.3—Quarterly
2014-09-182014-10-02$0.3+20.0%Quarterly
2014-05-162014-06-05$0.25—Quarterly
2014-02-132014-03-04$0.25—Quarterly
2013-12-122014-01-02$0.25—Quarterly
2013-09-202013-10-08$0.25+108.3%Quarterly
2013-05-172013-06-04$0.12—Quarterly
2013-02-192013-03-06$0.12—Quarterly
2012-12-132012-12-28$0.12—Quarterly
2012-09-212012-10-09$0.12+20.0%Quarterly
2012-05-182012-06-06$0.1—Quarterly
2012-02-272012-03-15$0.1—Quarterly
2011-12-202012-01-11$0.1—Quarterly
2011-08-102011-08-30$0.1−33.3%Quarterly
2008-09-112008-09-29$0.15—Quarterly
2008-06-042008-06-20$0.15—Quarterly
2008-03-132008-04-01$0.15—Quarterly
2007-12-262008-01-08$0.15—Quarterly
2007-09-262007-10-10$0.15—Quarterly
2007-06-152007-06-29$0.15—Quarterly
2007-02-272007-03-30$0.15—Quarterly
2006-12-202006-12-29$0.15—Quarterly
2006-09-272006-10-10$0.15—Quarterly
2006-06-072006-06-30$0.15—Quarterly
2006-02-272006-03-30$0.15—Quarterly
2005-12-142005-12-29$0.15—Quarterly
2005-09-222005-10-07$0.15+15.4%Quarterly
2005-06-092005-06-29$0.13—Quarterly
2005-02-252005-03-30$0.13—Quarterly
2004-12-212004-12-31$0.13—Quarterly
2004-09-112004-09-29$0.13—Quarterly
2004-05-292004-06-29$0.13—Quarterly
2004-02-262004-03-30$0.13—Quarterly
2003-12-172003-12-30$0.13—Quarterly
2003-09-242003-10-09$0.13—Quarterly
2003-06-022003-06-27$0.13—Quarterly
2003-02-272003-03-28$0.13—Quarterly
2002-12-112002-12-30$0.13—Quarterly
2002-09-132002-09-30$0.13—Quarterly
2002-06-042002-06-27$0.13—Quarterly
2002-03-142002-03-29$0.13—Quarterly
2001-12-132001-12-28$0.13—Quarterly
2001-09-132001-09-28$0.13—Quarterly
2001-06-052001-06-28$0.13—Quarterly
2001-02-272001-03-29$0.13—Quarterly
2000-12-152000-12-29$0.13—Quarterly
2000-09-142000-09-29$0.13+18.2%Quarterly
2000-06-052000-06-29$0.11—Quarterly
2000-02-292000-03-30$0.11—Quarterly
1999-12-011999-12-29$0.11—Quarterly
1999-09-091999-09-29$0.11+22.2%Quarterly
1999-05-281999-06-29$0.09−1.1%Quarterly
1999-04-28—$0.091+1.1%
1999-02-251999-03-30$0.09—Quarterly
1998-12-141998-12-29$0.09—Quarterly
1998-08-281998-09-30$0.09+20.0%Quarterly
1998-05-291998-06-29$0.075—Quarterly
1998-02-261998-03-30$0.075—Quarterly
1997-12-191997-12-29$0.075—Quarterly
1997-08-281997-09-29$0.075+7.1%Quarterly
1997-05-291997-06-27$0.07—
1997-03-061997-03-27$0.07—Quarterly
1996-11-271996-12-30$0.07—
1996-09-121996-09-30$0.07+7.7%Quarterly
1996-05-281996-06-27$0.065—Quarterly
1996-02-281996-03-29$0.065—Quarterly
1995-11-301995-12-28$0.065—Quarterly
1995-08-311995-09-29$0.065+13.0%Quarterly
1995-08-301995-09-29$0.0575−47.7%
1995-08-24—$0.11+100.0%
1995-05-251995-06-30$0.055—Quarterly
1995-02-231995-03-30$0.055—Quarterly
1994-11-251994-12-29$0.055—Quarterly
1994-08-261994-09-29$0.055+22.2%Quarterly
1994-05-251994-06-30$0.045—Quarterly
1994-02-231994-03-30$0.045—Quarterly
1993-11-241993-12-29$0.045−50.0%Quarterly
1993-08-261993-09-29$0.09—Quarterly

Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.

RCL stock split history

  • 2:1August 3, 1998

RCL dividend overview

Royal Caribbean pays an annual dividend of $6.00 per share, a yield of 2.16% at the latest close, paid quarterly. It paid $3.50 per share in 2025. The payout ratio is 33.6% of trailing earnings.

Related: RCL cash flow statement, RCL key metrics, RCL chart. See the RCL stock overview for the latest quote and news.

RCL dividends FAQ

Does Royal Caribbean pay a dividend?

Yes. Royal Caribbean has paid a regular dividend since 2024, quarterly, most recently $1.50 per share with an ex-dividend date of September 17, 2026. It also paid dividends from 1993 to 2020.

What is Royal Caribbean's dividend yield?

Royal Caribbean's forward annual dividend is $6.00 per share, a dividend yield of 2.16% at the latest close of $277.68.

How often does Royal Caribbean pay dividends?

Royal Caribbean pays dividends quarterly.

What is Royal Caribbean's dividend payout ratio?

Royal Caribbean pays out 33.6% of its trailing earnings as dividends and 21.4% of its free cash flow (fiscal 2025).

Has Royal Caribbean split its stock?

Royal Caribbean has split its stock 1 time: 2:1 on August 3, 1998. Dividends per share on this page are adjusted for splits.

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