Royal Caribbean Group Raises Dividend Thirty Eight Percent

Rhea-AI Summary

Royal Caribbean Group (NYSE: RCL) has announced a significant dividend increase, with its Board of Directors declaring a quarterly dividend of $0.55 per common share. This represents a 38% increase in the company's dividend payout. The dividend will be paid on January 13, 2025, to shareholders of record as of December 27, 2024. The company states this increase is part of their ongoing strategy to enhance shareholder returns.

Positive

• 38% increase in quarterly dividend to $0.55 per share
• Demonstrates strong financial position and commitment to shareholder returns

Negative

• None.

News Market Reaction

-0.06%

1 alert

-0.06% News Effect

On the day this news was published, RCL declined 0.06%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

MIAMI, Dec. 11, 2024 /PRNewswire/ -- The Board of Directors of Royal Caribbean Cruises Ltd. (NYSE: RCL) today declared a quarterly dividend of $0.55 per common share payable on January 13, 2025 to shareholders of record at the close of business on December 27, 2024.  This increase reflects the company's continuing efforts to enhance shareholder returns.

About Royal Caribbean Group
Royal Caribbean Group (NYSE: RCL) is a vacation industry leader with a global fleet of 68 ships across its five brands traveling to approximately 1,000 destinations. With a mission to deliver the best vacations responsibly, Royal Caribbean Group serves millions of guests each year through its portfolio of best-in-class brands, including Royal Caribbean International, Celebrity Cruises, and Silversea; and expanding portfolio of land-based vacation experiences through Perfect Day at CocoCay and Royal Beach Club collection. The company also owns 50% of a joint venture that operates TUI Cruises and Hapag-Lloyd Cruises. With a rich history of innovating, Royal Caribbean Group continually delivers exciting new products and guest experiences that help shape the future of leisure travel. Learn more at www.royalcaribbeangroup.com or www.rclinvestor.com.

 

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SOURCE Royal Caribbean Group

FAQ

What is Royal Caribbean's new quarterly dividend amount for 2025?

Royal Caribbean's new quarterly dividend is $0.55 per common share, representing a 38% increase.

When will RCL pay its next dividend?

Royal Caribbean will pay its next dividend on January 13, 2025, to shareholders of record as of December 27, 2024.

What is the dividend increase percentage for RCL in 2025?

Royal Caribbean has increased its dividend by 38%.

What is the record date for RCL's increased dividend?

The record date for Royal Caribbean's increased dividend is December 27, 2024.

How does RCL's dividend increase align with its shareholder strategy?

The dividend increase reflects Royal Caribbean's continuing efforts to enhance shareholder returns.