Royal Caribbean Cruises Ltd.
RCLConsumer Cyclical · Stock · quarterly payer
$293.28
Add to PortfolioForward Yield
1.70%
Annual Dividend
$5.00
Payout Ratio
26%
5-Yr Growth
2.3%
Ex-Date
Jun 3, 2026
Frequency
Quarterly
RCL Dividend Safety Score
57/ 100
Grade C
Borderline
Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2012
Earnings payout coverage26% of earnings paid out
Balance-sheet strengthDebt/equity of 2.17
Yield vs its historyYield is 1.9× its 5-yr average — elevated
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is RCL a good dividend stock?
MixedRoyal Caribbean Cruises Ltd. (RCL) pays a quarterly dividend yielding 1.70% ($5.00/yr), with 1 year of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Comfortable payout ratio (26%)
- 240% total price return over 5 years
Risks
- Cut its dividend in 2012
Key Data
- Dividend Yield
- 1.70%
- Payout Ratio
- 26%
- Annual Dividend
- $5.00
- 5-Yr Avg Growth
- 2.3%
- Ex-Dividend Date
- Jun 3, 2026
- Years of Growth
- 1
- Frequency
- quarterly
- Beta
- 1.78
- Market Cap
- $78.7B
- P/E Ratio
- 17.9
- 5-Yr Total Return
- 240%
- 52-Week Range
- $232.10 – $366.50
- Dividend Safety
- C · 57/100
- Ever Cut?
- Yes (2012)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 3, 2026 | — | $1.5000 | regular |
| Mar 6, 2026 | — | $1.5000 | regular |
| Dec 26, 2025 | — | $1.0000 | regular |
| Sep 25, 2025 | — | $1.0000 | regular |
| Jun 4, 2025 | — | $0.7500 | regular |
| Mar 7, 2025 | — | $0.7500 | regular |
| Dec 27, 2024 | — | $0.5500 | regular |
| Sep 20, 2024 | — | $0.4000 | regular |
| Mar 5, 2020 | — | $0.7800 | regular |
| Dec 19, 2019 | — | $0.7800 | regular |
| Sep 19, 2019 | — | $0.7800 | regular |
| Jun 3, 2019 | — | $0.7000 | regular |
| Mar 6, 2019 | — | $0.7000 | regular |
| Dec 19, 2018 | — | $0.7000 | regular |
Income Calculator
At $5.00 / yr per share
Per payment (quarterly)$125.00
Annual$500.00
Monthly avg$41.67
