Explain this page
Arphra AIPlain-English read on Royal Caribbean Cruises Ltd.’s valuationCapital return
A buyback story, not a dividend one
Dividend yield — on a — payout, with buybacks adding ~1.54%. Total shareholder yield ≈ 1.54%. Source dividends · key_metrics_ttm.
Dividend yield
—
fwd · $1.50 quarterly
Payout ratio
—
of trailing EPS
Buyback yield
1.54%
repurchases / mkt cap
5Y div CAGR
-16%
per-year
Dividend history
· dividendsRecent payments
FY19FY20FY24FY25FY26
- FY26$1.50quarterlyMar 06, 2026
- FY25$1.00quarterlyDec 26, 2025
- FY25$1.00quarterlySep 25, 2025
- FY25$0.75quarterlyJun 04, 2025
- FY25$0.75quarterlyMar 07, 2025
- FY24$0.55quarterlyDec 27, 2024
- FY24$0.40annualSep 20, 2024
- FY20$0.78quarterlyMar 05, 2020
Most recent · declared
DeclarationFeb 10, 2026
Ex-dividendMar 06, 2026
RecordMar 06, 2026
PayableApr 03, 2026
Amount$1.50 / sh
Identifiers
TickerRCL-SJ
Exchange—
CurrencyUSD
FrequencyQuarterly
Disclaimer
Arphra is for informational purposes only and is not financial, investment, tax, or legal advice. Quotes are delayed where applicable. Past performance does not predict future results. Backtests, scenario stress tests, and AI-generated commentary use stylized assumptions and may differ substantially from realized outcomes. The estimates and verdicts shown here are model outputs, not recommendations to transact. Verify against primary sources before relying on any number.
Yield · TTM
—
Payout ratio
—
Of net income
Trailing 12mo
$3.50
Per share
Dividend CAGR · 4y
-15.63%
Streak
3 yrs
Consecutive years paid
Frequency
Quarterly
Inferred from cadence
TTM dividend / share
DB · dividends$0.10 → $5.00+4900.0%Feb 2012Mar 2026
Latest dividend
Amount$1.5000
Adjusted$1.5000
Ex-dateMar 06, 2026
Record dateMar 06, 2026
Payment dateApr 03, 2026
FrequencyQuarterly
Annual totals
| Year | Total / share | YoY | Histogram |
|---|---|---|---|
| 2026 | $1.50 | -57.14% | |
| 2025 | $3.50 | +268.42% | |
| 2024 | $0.95 | +21.79% | |
| 2020 | $0.78 | -73.65% | |
| 2019 | $2.96 | +13.85% | |
| 2018 | $2.60 | +20.37% | |
| 2017 | $2.16 | +26.32% | |
| 2016 | $1.71 | — |
Dividend history
| Ex-date | Dividend | Adj. | Record date | Payment date | Frequency |
|---|---|---|---|---|---|
| Mar 06, 2026 | $1.5000 | $1.5000 | Mar 06, 2026 | Apr 03, 2026 | Quarterly |
| Dec 26, 2025 | $1.0000 | $1.0000 | Dec 26, 2025 | Jan 14, 2026 | Quarterly |
| Sep 25, 2025 | $1.0000 | $1.0000 | Sep 25, 2025 | Oct 13, 2025 | Quarterly |
| Jun 04, 2025 | $0.7500 | $0.7500 | Jun 04, 2025 | Jul 03, 2025 | Quarterly |
| Mar 07, 2025 | $0.7500 | $0.7500 | Mar 07, 2025 | Apr 04, 2025 | Quarterly |
| Dec 27, 2024 | $0.5500 | $0.5500 | Dec 27, 2024 | Jan 13, 2025 | Quarterly |
| Sep 20, 2024 | $0.4000 | $0.4000 | Sep 20, 2024 | Oct 11, 2024 | Annual |
| Mar 05, 2020 | $0.7800 | $0.7800 | Mar 06, 2020 | Apr 06, 2020 | Quarterly |
| Dec 19, 2019 | $0.7800 | $0.7800 | Dec 20, 2019 | Jan 06, 2020 | Quarterly |
| Sep 19, 2019 | $0.7800 | $0.7800 | Sep 20, 2019 | Oct 11, 2019 | Quarterly |
| Jun 03, 2019 | $0.7000 | $0.7000 | Jun 04, 2019 | Jul 03, 2019 | Quarterly |
| Mar 06, 2019 | $0.7000 | $0.7000 | Mar 07, 2019 | Apr 05, 2019 | Quarterly |
| Dec 19, 2018 | $0.7000 | $0.7000 | Dec 20, 2018 | Jan 04, 2019 | Quarterly |
| Sep 20, 2018 | $0.7000 | $0.7000 | Sep 21, 2018 | Oct 11, 2018 | Quarterly |
| Jun 01, 2018 | $0.6000 | $0.6000 | Jun 04, 2018 | Jul 03, 2018 | Quarterly |
| Mar 06, 2018 | $0.6000 | $0.6000 | Mar 07, 2018 | Apr 05, 2018 | Quarterly |
| Dec 20, 2017 | $0.6000 | $0.6000 | Dec 21, 2017 | Jan 05, 2018 | Quarterly |
| Sep 21, 2017 | $0.6000 | $0.6000 | Sep 22, 2017 | Oct 11, 2017 | Quarterly |
| May 31, 2017 | $0.4800 | $0.4800 | Jun 02, 2017 | Jul 05, 2017 | Quarterly |
| Mar 03, 2017 | $0.4800 | $0.4800 | Mar 07, 2017 | Apr 05, 2017 | Quarterly |
| Dec 19, 2016 | $0.4800 | $0.4800 | Dec 21, 2016 | Jan 05, 2017 | Quarterly |
| Sep 27, 2016 | $0.4800 | $0.4800 | Sep 29, 2016 | Oct 13, 2016 | Quarterly |
| May 26, 2016 | $0.3750 | $0.3750 | May 31, 2016 | Jun 13, 2016 | Quarterly |
| Feb 18, 2016 | $0.3750 | $0.3750 | Feb 22, 2016 | Mar 03, 2016 | Quarterly |
| Dec 17, 2015 | $0.3750 | $0.3750 | Dec 21, 2015 | Jan 05, 2016 | Quarterly |
| Sep 16, 2015 | $0.3750 | $0.3750 | Sep 18, 2015 | Oct 06, 2015 | Quarterly |
| May 15, 2015 | $0.3000 | $0.3000 | May 19, 2015 | Jun 02, 2015 | Quarterly |
| Feb 13, 2015 | $0.3000 | $0.3000 | Feb 18, 2015 | Mar 04, 2015 | Quarterly |
| Dec 18, 2014 | $0.3000 | $0.3000 | Dec 22, 2014 | Jan 06, 2015 | Quarterly |
| Sep 18, 2014 | $0.3000 | $0.3000 | Sep 22, 2014 | Oct 02, 2014 | Quarterly |
| May 16, 2014 | $0.2500 | $0.2500 | May 20, 2014 | Jun 05, 2014 | Quarterly |
| Feb 13, 2014 | $0.2500 | $0.2500 | Feb 18, 2014 | Mar 04, 2014 | Quarterly |
| Dec 12, 2013 | $0.2500 | $0.2500 | Dec 16, 2013 | Jan 02, 2014 | Quarterly |
| Sep 20, 2013 | $0.2500 | $0.2500 | Sep 24, 2013 | Oct 08, 2013 | Quarterly |
| May 17, 2013 | $0.1200 | $0.1200 | May 21, 2013 | Jun 04, 2013 | Quarterly |
| Feb 19, 2013 | $0.1200 | $0.1200 | Feb 21, 2013 | Mar 06, 2013 | Quarterly |
| Dec 13, 2012 | $0.1200 | $0.1200 | Dec 17, 2012 | Dec 28, 2012 | Quarterly |
| Sep 21, 2012 | $0.1200 | $0.1200 | Sep 25, 2012 | Oct 09, 2012 | Quarterly |
| May 18, 2012 | $0.1000 | $0.1000 | May 22, 2012 | Jun 06, 2012 | Quarterly |
| Feb 27, 2012 | $0.1000 | $0.1000 | Feb 29, 2012 | Mar 15, 2012 | Quarterly |
1 stock split on file — see the Corp actions tab.