Royal Caribbean Cruises (RCL) dividend history

Consumer Cyclical · Travel Services · Market cap $70.8B

Royal Caribbean Cruises paid $824M in dividends in fiscal 2025, about $3.01 per share.

Dividends per share grew 27.6% a year over 14 years.

That took 67% of free cash flow and 19% of net income.

At today's price the trailing yield is 1.62%.

Dividends by fiscal year

Dividends paid from the cash flow statement in Royal Caribbean Cruises's 10-K filings, divided by diluted shares (an approximation of the per-share dividend).

Fiscal yearPer shareGrowthTotal paid% of free cash flow% of net income
2025$3.01 +684.1%$824M 67%19%
2024$0.38 —$107M 5%4%
2023— —— ——
2022— —— ——
2021— —— ——
2020$1.52 -47.0%$326M ——
2019$2.87 +15.1%$603M 87%32%
2018$2.49 +22.9%$527M —29%
2017$2.03 +26.6%$437M 19%27%
2016$1.60 +26.2%$346M 1552%27%
2015$1.27 +42.3%$280M 84%42%
2014$0.89 +37.2%$199M —26%
2013$0.65 +21.2%$144M 22%30%
2012$0.54 +441.7%$118M 130%644%
2011$0.10 —$22M 8%4%

Dividend calculator · Highest dividend yields · What the payout ratio tells you

Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for RCL.
Open RCL in Investingly

Questions

Does Royal Caribbean Cruises pay a dividend?

Royal Caribbean Cruises paid $824M in dividends in fiscal 2025, about $3.01 per share.

How fast has Royal Caribbean Cruises's dividend grown?

Dividends per share grew 27.6% a year over 14 years.

From Royal Caribbean Cruises's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.