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RCL Dividend History, Yield & Dates

Dividend Yield · Dividend History · Ex-Dividend Date · Payment Date

Consumer CyclicalTravel ServicesScore data as of Oct 21, 2026

RCLRoyal Caribbean Cruises Ltd.

Consumer Cyclical / Travel Services

Low Priority

Above Peers

NeutralEdge 7/10
$288.45+$0.64 (+0.22%)

Latest quote

  • Momentum
    80
  • Value
    42
  • Quality
    61
  • Risk resilience
    27
  • Sentiment
    72
algovestiq.comScore data as of Oct 21, 2026

RCL Dividend answer

Royal Caribbean Cruises Ltd. (RCL) pays a quarterly dividend. Forward dividend yield: 2.08%, or $6.00 a year at the latest dividend. Trailing 12-month yield: 1.91%, from $5.50 per share paid over the past year. Its latest dividend was $1.50 per share. Latest ex-dividend date: Sep 17, 2026. Payment date: Oct 8, 2026. Next dividend status: not announced.

RCL Dividend Snapshot

Yield, annual dividend, latest payment, payout coverage, growth, and dividend history are emphasized for this stock. Yield methodology is labeled separately from payout coverage.

History
30
dividends captured
Growth years
1
raw events; specials not isolated
Durability score
65/100
coverage and consistency proxy
Shareholder yield
0.71%
0.23% buyback yield

Next RCL Dividend Date

When RCL next goes ex-dividend, the amount where it has been declared, and whether that state is announced, projected or not yet known.

Next RCL dividend

Not announced

RCL's next dividend has not yet been announced. The latest completed dividend was $1.50 per share. Data last checked: Oct 2, 2026.

Ex-date
Unknown
unknown
Pay date
Oct 8, 2026
Frequency
quarterly

Latest RCL Dividend Dates

Sep 17, 2026

Review the latest dividend, yield, available trailing-year income, and coverage context before treating income as durable.

Dividend yield
1.91%
Trailing 12-month dividend yield
1.91%
TTM dividends / latest available price
Forward dividend yield
2.08%
Latest dividend × 4 a year = $6.00 / latest price
Trailing annual dividend
$5.50
80.33% vs prior complete year
Latest dividend
$1.50
0.00% vs prior payment
Frequency
quarterly
Inferred from available dividend events
Ex-dividend date
Sep 17, 2026
Calendar endpoint
Payment date
Oct 8, 2026
Calendar endpoint
Next dividend
Not announced
Amount status independent from ex-date
Payout ratio
13.40%
Dividend as a share of earnings where available
FCF payout
355.65%
Dividend as a share of free cash flow per share
FCF coverage
-0.28x
Free cash flow per share divided by dividend

AIQ Dividend bridge

Quality61/100

Margins, returns, leverage, and cash conversion support dividend durability.

Value42/100

Yield is more useful when valuation context is not stretched.

Risk resilience27/100

Lower drawdown and balance-sheet risk can improve income dependability.

RCL Dividend History

Recent per-share dividends show payment cadence. Trailing-year and growth reads are shown only when the available rows cover a complete comparable window.

Dividend reliability

Active payer

Recent dividend payments are summarized as cadence and coverage signals. Exact rows remain below for auditability.

Yield
1.91%
Current income rate
TTM trend
Trailing income rising
80.33% vs prior complete year
FCF coverage
Not covered by FCF
-0.28x
Payout ratio
13.40%
Earnings payout context
Recent dividend cadence
8 records
Dec 24
$0.55
Mar 25
$0.75
Jun 25
$0.75
Sep 25
$1.00
Dec 25
$1.00
Mar 26
$1.50
Jun 26
$1.50
Sep 26
$1.50

RCL Annual Dividend History

2016 - 2026
8 plotted years

RCL Dividend Growth

+80.33% 1Y
Latest increase +50.00%
Latest RCL Dividend: Declaration, Ex-Date & Payment
Declared
Sep 1, 2026
Ex-date
Sep 17, 2026
Record
Sep 17, 2026
Paid
Oct 8, 2026

Latest row amount $1.50, event yield 2.17%.

Event field coverage
Declaration23/24
Record24/24
Payment24/24
Frequency24/24
History depth
24 rows
FMP dividend events via canonical L3
Data through
Sep 17, 2026
latest covered ex-date
Last checked
Oct 2, 2026
independent from event date
Date coverage
24/24 pay
24/24 record dates

This page labels the feed as recent history when multi-year rows, payment dates, or record dates are incomplete. Announced calendar dates are separated from completed dividend history.

Dividend growth

RCL regular dividend growth, 2020–2025
5-year regular dividend CAGR
35.02%
2020 regular DPS
$0.780
2025 regular DPS
$3.500
Absolute change
$2.720
Years increased
—
Years reduced
—

RCL's split-adjusted regular dividend per share grew at 35.02% a year from 2020 through 2025.

RCL has at least one year between 2020 and 2025 with no regular dividend.

Split-adjusted regular dividends per share, 2020–2025, excluding special dividends. Research as of Sep 19, 2026.

The regular dividend jumped 268.4% in 2025, a single step rather than steady compounding.

RCL Dividend Yield

How RCL's trailing 12-month dividend yield is calculated, and what it does and does not account for.

Yield methodology

Trailing 12-month dividend yield

RCL's trailing dividend yield is the regular dividends paid over the last twelve months divided by the latest available share price. Payouts classified as special or supplemental are excluded, because a one-off payment is not recurring income. It is a backward-looking measure and is not the same as a forward yield, which annualises the most recent declared payment instead.

Trailing 12-month dividend yield
1.91%
Trailing 12-month dividends
$5.50

Dividend coverage

What RCL's dividend is paid out of

Coverage is read from earnings and cash flow rather than from the yield. A payout ratio leaves room, or does not; free cash flow either covers the payment, or the company is funding it another way. These are inputs to a judgement, not a guarantee of future payments.

Payout ratio
13.40%
FCF coverage
-0.28x

Recent RCL dividend payments

24 covered dividends
Showing latest 5 of 24 rows
Ex-dateDividendAdjustedYield at ex-dateFrequencyTTM adjustedDeclaredRecord datePayment date
Sep 17, 2026$1.50
$1.50
2.17%Quarterly$5.50Sep 1, 2026Sep 17, 2026Oct 8, 2026
Jun 3, 2026$1.50
$1.50
1.75%Quarterly$5.00May 5, 2026Jun 3, 2026Jul 2, 2026
Mar 6, 2026$1.50
$1.50
1.53%Quarterly$4.25Feb 10, 2026Mar 6, 2026Apr 3, 2026
Dec 26, 2025$1.00
$1.00
1.23%Quarterly$3.50Dec 10, 2025Dec 26, 2025Jan 14, 2026
Sep 25, 2025$1.00
$1.00
93.98%Quarterly$3.05Sep 10, 2025Sep 25, 2025Oct 13, 2025
Show older history+19 rows
Jun 4, 2025$0.75
$0.75
92.23%Quarterly$2.45May 6, 2025Jun 4, 2025Jul 3, 2025
Mar 7, 2025$0.75
$0.75
79.44%Quarterly$1.70Feb 12, 2025Mar 7, 2025Apr 4, 2025
Dec 27, 2024$0.55
$0.55
40.82%Quarterly$0.95Dec 11, 2024Dec 27, 2024Jan 13, 2025
Sep 20, 2024$0.40
$0.40
22.98%Annual$0.40—Sep 20, 2024Oct 11, 2024
Mar 5, 2020$0.78
$0.78
4.62%Quarterly$3.04Feb 20, 2020Mar 6, 2020Apr 6, 2020
Dec 19, 2019$0.78
$0.78
2.33%Quarterly$2.96Dec 5, 2019Dec 20, 2019Jan 6, 2020
Sep 19, 2019$0.78
$0.78
2.56%Quarterly$2.88Sep 6, 2019Sep 20, 2019Oct 11, 2019
Jun 3, 2019$0.70
$0.70
2.32%Quarterly$2.80May 14, 2019Jun 4, 2019Jul 3, 2019
Mar 6, 2019$0.70
$0.70
2.31%Quarterly$2.70Feb 15, 2019Mar 7, 2019Apr 5, 2019
Dec 19, 2018$0.70
$0.70
2.55%Quarterly$2.60Dec 5, 2018Dec 20, 2018Jan 4, 2019
Sep 20, 2018$0.70
$0.70
1.89%Quarterly$2.50Sep 7, 2018Sep 21, 2018Oct 11, 2018
Jun 1, 2018$0.60
$0.60
2.26%Quarterly$2.40May 10, 2018Jun 4, 2018Jul 3, 2018
Mar 6, 2018$0.60
$0.60
1.84%Quarterly$2.28Feb 15, 2018Mar 7, 2018Apr 5, 2018
Dec 20, 2017$0.60
$0.60
1.75%Quarterly$2.16Dec 7, 2017Dec 21, 2017Jan 5, 2018
Sep 21, 2017$0.60
$0.60
1.76%Quarterly—Jul 8, 2017Sep 22, 2017Oct 11, 2017
May 31, 2017$0.48
$0.48
1.74%Quarterly—May 4, 2017Jun 2, 2017Jul 5, 2017
Mar 3, 2017$0.48
$0.48
1.90%Quarterly—Feb 9, 2017Mar 7, 2017Apr 5, 2017
Dec 19, 2016$0.48
$0.48
2.07%Quarterly—Dec 7, 2016Dec 21, 2016Jan 5, 2017
Sep 27, 2016$0.48
$0.48
2.16%Quarterly—Sep 21, 2016Sep 29, 2016Oct 13, 2016
Dividend context
How to read RCL's dividend profile

Dividend yield is only the starting point. Pair the current distribution with payout ratio, free cash flow coverage, balance-sheet risk, and the history of actual payments before treating income as durable.

Yield needs coverage

A higher yield is more useful when earnings and free cash flow cover the distribution. A yield caused by a falling stock price can be a warning, not a bargain.

Payment history matters

Stable or rising payments can indicate capital return discipline. Flat, skipped, or missing payments should be read with earnings and cash flow before drawing conclusions.

Payout ratio is context

A low payout ratio can leave room for growth; a high payout ratio can indicate limited cushion. Cyclical companies need more room than stable defensive businesses.

Focused follow-on paths for yield methodology, payout coverage, peer comparison, and income planning.

RCL Dividend Comparisons

How RCL's income profile compares with the peers it is most often weighed against.

Dividend calculators

Each calculator opens with this ticker's price and dividend loaded; every assumption stays editable.

Primary calculator
Calculate RCL dividend income

Estimate annual income, payment amount, yield and growth scenarios using RCL as ticker context.

Calculate dividend income
Secondary calculator
Model RCL dividend reinvestment

Explore a DRIP scenario without duplicating the full calculator on the dividend analysis page.

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Secondary calculator
Calculate RCL dividend yield

Check the current yield, annual income on your shares, and your yield on cost from the price you paid.

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Secondary calculator
RCL yield on cost

Enter your purchase date or price to see the yield on what you paid, today's yield beside it, and the dividends collected since.

Calculate yield on cost
Continue to RCL fundamentals
Review the profitability, cash generation, and balance-sheet context behind the dividend.

RCL Dividends FAQ

Does RCL pay a dividend?

Royal Caribbean Cruises Ltd. (RCL) has covered dividend payment history on this page, including a latest dividend of $1.50 per share and a quarterly cadence based on available events.

What is RCL's dividend yield?

RCL's trailing dividend yield is 1.91%. Trailing dividend yield equals dividends paid over the trailing 12 months divided by the latest available share price.

When is RCL's next dividend?

RCL's next dividend has not been announced in the current AlgovestIQ snapshot. The latest completed dividend row remains available in the history table when covered data exists.

When is RCL's ex-dividend date?

RCL's latest covered ex-dividend date is Sep 17, 2026. Future ex-dividend dates are shown only when announced or explicitly projected.

How has RCL's dividend changed?

RCL's one-year dividend growth is 80.33% based on comparable covered dividend history.