Royal Caribbean Cruises Ltd. (RCL) to Issue Quarterly Dividend of $1.50 on October 8th

Royal Caribbean Cruises Ltd. (NYSE:RCL) announced a quarterly dividend on Tuesday, September 1st. Investors of record on Thursday, September 17th will be paid a dividend of 1.50 per share on Thursday, October 8th. This represents a c) annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Thursday, September 17th.

Royal Caribbean Cruises has raised its dividend by an average of 0.4%per year over the last three years and has raised its dividend annually for the last 1 consecutive years. Royal Caribbean Cruises has a payout ratio of 33.9% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Royal Caribbean Cruises to earn $20.12 per share next year, which means the company should continue to be able to cover its $6.00 annual dividend with an expected future payout ratio of 29.8%.

Royal Caribbean Cruises Stock Up 0.1%

RCL stock opened at $265.99 on Thursday. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.21 and a quick ratio of 0.19. The stock has a market capitalization of $71.14 billion, a P/E ratio of 16.44, a P/E/G ratio of 0.95 and a beta of 1.74. The business has a fifty day moving average price of $299.36 and a 200-day moving average price of $288.26. Royal Caribbean Cruises has a 1-year low of $232.10 and a 1-year high of $362.79.

Royal Caribbean Cruises (NYSE:RCL) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $4.21 EPS for the quarter, beating analysts’ consensus estimates of $3.98 by $0.23. Royal Caribbean Cruises had a return on equity of 43.33% and a net margin of 23.54%.The company had revenue of $4.83 billion during the quarter, compared to analysts’ expectations of $4.82 billion. During the same quarter in the prior year, the business earned $4.38 earnings per share. Royal Caribbean Cruises’s revenue for the quarter was up 6.5% compared to the same quarter last year. Royal Caribbean Cruises has set its FY 2026 guidance at 17.730-17.870 EPS and its Q3 2026 guidance at 6.260-6.360 EPS. Equities analysts forecast that Royal Caribbean Cruises will post 17.78 earnings per share for the current fiscal year.

Insider Transactions at Royal Caribbean Cruises

In other news, CEO Michael W. Bayley sold 12,811 shares of the stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $315.99, for a total value of $4,048,147.89. Following the sale, the chief executive officer owned 45,297 shares of the company’s stock, valued at approximately $14,313,399.03. This represents a 22.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 6.44% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. HighTower Advisors LLC boosted its holdings in shares of Royal Caribbean Cruises by 3.6% in the 2nd quarter. HighTower Advisors LLC now owns 42,178 shares of the company’s stock valued at $13,393,000 after buying an additional 1,457 shares in the last quarter. California State Teachers Retirement System increased its holdings in shares of Royal Caribbean Cruises by 34,251.2% in the second quarter. California State Teachers Retirement System now owns 118,498,068 shares of the company’s stock valued at $37,626,692,000 after purchasing an additional 118,153,108 shares during the period. Saudi Central Bank boosted its holdings in shares of Royal Caribbean Cruises by 86.5% in the 2nd quarter. Saudi Central Bank now owns 17,835 shares of the company’s stock valued at $5,663,000 after acquiring an additional 8,272 shares during the last quarter. Angeles Wealth Management LLC boosted its holdings in Royal Caribbean Cruises by 6.1% in the second quarter. Angeles Wealth Management LLC now owns 854 shares of the company’s stock valued at $272,000 after purchasing an additional 49 shares during the last quarter. Finally, NBH Bank purchased a new stake in shares of Royal Caribbean Cruises in the second quarter worth about $29,000. Institutional investors own 87.53% of the company’s stock.

About Royal Caribbean Cruises

Royal Caribbean Cruises (NYSE: RCL), operating as part of the Royal Caribbean Group, is a global cruise company that develops, markets and operates passenger cruise ships. The company operates multiple consumer-facing cruise brands that offer short- and long-duration itineraries and a range of onboard experiences. Its core activities include itineraries and voyage operations, guest services and hospitality, onboard food and beverage, entertainment and recreation programming, and the commercial activities needed to sell and support cruises through both direct and travel?agent channels.

Royal Caribbean’s ships serve a broad set of geographies worldwide, regularly deploying vessels in the Caribbean, North America (including Alaska), Europe, Asia, Australia and South America.