RCL Dividend History & Yield

Royal Caribbean Cruises Ltd. · NYSE

Stock Consumer Cyclical Quarterly payer Consumer Discretionary
$276.48
-3.37% today
as of Oct 25, 2026
TTM yield
1.99%
$5.50/share over the last 12 months
Forward yield
2.17%
$6.00/share indicated annual rate
Annual dividend
$6.00
per share, forward
Per payment
$1.50
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Dec 16, 2026 Estimated
in 51 days
Next pay date
Dec 30, 2026
in 65 days
Last ex-dividend date
Sep 17, 2026
$1.50 per share
Payout ratio
31%
of earnings
Market cap
73.9B
P/E 17.1
5y dividend CAGR
n/a
needs 6+ years of history
Growth streak
1 yr
consecutive annual raises
Years paying
33.2
since Aug 26, 1993
1y total return
-12.9%
price -14.6% + dividends 1.7%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Wed, Dec 16, 2026 (in 51 days) Dec 30, 2026 $1.50 $150.00 Estimated
Tue, Mar 16, 2027 (in 141 days) Mar 30, 2027 $1.50 $150.00 Estimated
Mon, Jun 14, 2027 (in 231 days) Jun 28, 2027 $1.50 $150.00 Estimated
Sun, Sep 12, 2027 (in 321 days) Sep 26, 2027 $1.50 $150.00 Estimated

Estimated dates and amounts are projected from RCL's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $6.00 per share.

Dividend payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from Sep 21, 2012 to Sep 17, 2026; most recent $1.50$0.00$1.00$2.00Sep 21, 2012: $0.12Sep '12Dec 13, 2012: $0.12Feb 19, 2013: $0.12May 17, 2013: $0.12Sep 20, 2013: $0.25Dec 12, 2013: $0.25Dec '13Feb 13, 2014: $0.25May 16, 2014: $0.25Sep 18, 2014: $0.30Dec 18, 2014: $0.30Feb 13, 2015: $0.30Feb '15May 15, 2015: $0.30Sep 16, 2015: $0.375Dec 17, 2015: $0.375Feb 18, 2016: $0.375May 26, 2016: $0.375May '16Sep 27, 2016: $0.48Dec 19, 2016: $0.48Mar 3, 2017: $0.48May 31, 2017: $0.48Sep 21, 2017: $0.60Sep '17Dec 20, 2017: $0.60Mar 6, 2018: $0.60Jun 1, 2018: $0.60Sep 20, 2018: $0.70Dec 19, 2018: $0.70Dec '18Mar 6, 2019: $0.70Jun 3, 2019: $0.70Sep 19, 2019: $0.78Dec 19, 2019: $0.78Mar 5, 2020: $0.78Mar '20Sep 20, 2024: $0.40Dec 27, 2024: $0.55Mar 7, 2025: $0.75Jun 4, 2025: $0.75Sep 25, 2025: $1.00Sep '25Dec 26, 2025: $1.00Mar 6, 2026: $1.50Jun 3, 2026: $1.50Sep 17, 2026: $1.50

Annual dividends per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$2.50$5.002017: $2.16$2.1620172018: $2.60$2.6020182019: $2.96$2.9620192020: $0.78$0.7820202021: $0.0020212022: $0.0020222023: $0.0020232024: $0.95$0.9520242025: $3.50$3.5020252026 (YTD): $4.50$4.502026 YTD

How much RCL do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month200$55,296$1,200
$500 / month1,000$276,480$6,000
$1,000 / month2,000$552,960$12,000

Based on the forward yield of 2.17%. $10,000 in RCL would currently pay about $217 a year ($18 a month on average). Model reinvestment and growth →

RCL dividend history

Show recent only Download CSV
Ex-datePay dateAmountChange
Sep 17, 2026 — $1.50 +0.0%
Jun 3, 2026 — $1.50 +0.0%
Mar 6, 2026 — $1.50 +50.0%
Dec 26, 2025 — $1.00 +0.0%
Sep 25, 2025 — $1.00 +33.3%
Jun 4, 2025 — $0.75 +0.0%
Mar 7, 2025 — $0.75 +36.4%
Dec 27, 2024 — $0.55 +37.5%
Sep 20, 2024 — $0.40 -48.7%
Mar 5, 2020 — $0.78 +0.0%
Dec 19, 2019 — $0.78 +0.0%
Sep 19, 2019 — $0.78 +11.4%
Jun 3, 2019 — $0.70 +0.0%
Mar 6, 2019 — $0.70 +0.0%
Dec 19, 2018 — $0.70 +0.0%
Sep 20, 2018 — $0.70 +16.7%
Jun 1, 2018 — $0.60 +0.0%
Mar 6, 2018 — $0.60 +0.0%
Dec 20, 2017 — $0.60 +0.0%
Sep 21, 2017 — $0.60 +25.0%
May 31, 2017 — $0.48 +0.0%
Mar 3, 2017 — $0.48 +0.0%
Dec 19, 2016 — $0.48 +0.0%
Sep 27, 2016 — $0.48 +28.0%
May 26, 2016 — $0.375 +0.0%
Feb 18, 2016 — $0.375 +0.0%
Dec 17, 2015 — $0.375 +0.0%
Sep 16, 2015 — $0.375 +25.0%
May 15, 2015 — $0.30 +0.0%
Feb 13, 2015 — $0.30 +0.0%
Dec 18, 2014 — $0.30 +0.0%
Sep 18, 2014 — $0.30 +20.0%
May 16, 2014 — $0.25 +0.0%
Feb 13, 2014 — $0.25 +0.0%
Dec 12, 2013 — $0.25 +0.0%
Sep 20, 2013 — $0.25 +108.3%
May 17, 2013 — $0.12 +0.0%
Feb 19, 2013 — $0.12 +0.0%
Dec 13, 2012 — $0.12 +0.0%
Sep 21, 2012 — $0.12 +20.0%
May 18, 2012 — $0.10 +0.0%
Feb 27, 2012 — $0.10 +0.0%
Dec 20, 2011 — $0.10 +0.0%
Aug 10, 2011 — $0.10 -33.3%
Sep 11, 2008 — $0.15 +0.0%
Jun 4, 2008 — $0.15 +0.0%
Mar 13, 2008 — $0.15 +0.0%
Dec 26, 2007 — $0.15 +0.0%
Sep 26, 2007 — $0.15 +0.0%
Jun 15, 2007 — $0.15 +0.0%
Feb 27, 2007 — $0.15 +0.0%
Dec 20, 2006 — $0.15 +0.0%
Sep 27, 2006 — $0.15 +0.0%
Jun 7, 2006 — $0.15 +0.0%
Feb 27, 2006 — $0.15 +0.0%
Dec 14, 2005 — $0.15 +0.0%
Sep 22, 2005 — $0.15 +15.4%
Jun 8, 2005 — $0.13 +0.0%
Feb 25, 2005 — $0.13 +0.0%
Dec 21, 2004 — $0.13 +0.0%
Sep 9, 2004 — $0.13 +0.0%
May 27, 2004 — $0.13 +0.0%
Feb 26, 2004 — $0.13 +0.0%
Dec 17, 2003 — $0.13 +0.0%
Sep 24, 2003 — $0.13 +0.0%
Jun 2, 2003 — $0.13 +0.0%
Feb 27, 2003 — $0.13 +0.0%
Dec 11, 2002 — $0.13 +0.0%
Sep 13, 2002 — $0.13 +0.0%
Jun 3, 2002 — $0.13 +0.0%
Mar 14, 2002 — $0.13 +0.0%
Dec 13, 2001 — $0.13 +0.0%
Sep 17, 2001 — $0.13 +0.0%
Jun 4, 2001 — $0.13 +0.0%
Feb 27, 2001 — $0.13 +0.0%
Dec 15, 2000 — $0.13 +0.0%
Sep 14, 2000 — $0.13 +18.2%
Jun 5, 2000 — $0.11 +0.0%
Feb 28, 2000 — $0.11 +0.0%
Dec 1, 1999 — $0.11 +0.0%
Sep 9, 1999 — $0.11 +22.2%
May 28, 1999 — $0.09 -1.1%
Apr 28, 1999 — $0.091 +1.1%
Feb 25, 1999 — $0.09 +0.0%
Dec 16, 1998 — $0.09 +0.0%
Aug 28, 1998 — $0.09 +20.0%
May 29, 1998 — $0.075 +0.0%
Feb 26, 1998 — $0.075 +0.0%
Dec 17, 1997 — $0.075 +0.0%
Aug 28, 1997 — $0.075 +7.1%
May 29, 1997 — $0.07 +0.0%
Mar 6, 1997 — $0.07 +0.0%
Nov 27, 1996 — $0.07 +0.0%
Sep 12, 1996 — $0.07 +7.7%
May 28, 1996 — $0.065 +0.0%
Feb 28, 1996 — $0.065 +0.0%
Nov 29, 1995 — $0.065 +13.0%
Aug 30, 1995 — $0.0575 +4.5%
May 25, 1995 — $0.055 +0.0%
Feb 23, 1995 — $0.055 +0.0%
Nov 25, 1994 — $0.055 +0.0%
Aug 26, 1994 — $0.055 +22.2%
May 25, 1994 — $0.045 +0.0%
Feb 23, 1994 — $0.045 +0.0%
Nov 24, 1993 — $0.045 -50.0%
Aug 26, 1993 — $0.09 —

RCL dividend increases & cuts

Market-wide changes →
Ex-dateChangeOldNewStatus
Mar 6, 2026 Raised 50.0% $1.00 $1.50 Paid
Sep 25, 2025 Raised 33.3% $0.75 $1.00 Paid

Detected from the regular payment stream; supplemental and special dividends are excluded. Pro members get an email the morning a holding raises or cuts.

Payout risk check

Yield-trap heuristicLow risk

RCL scores 0/100 on our yield-trap heuristic (low risk).

No warning flags: the payout ratio, yield level, 5-year cut history and price trend all look ordinary.

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About Royal Caribbean Cruises Ltd.

Royal Caribbean Cruises Ltd. operates as a cruise company worldwide. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, and Silversea Cruises brands, which comprise a range of itineraries. As of December 31, 2025, it operated 69 ships. Royal Caribbean Cruises Ltd. was founded in 1968 and is headquartered in Miami, Florida.

Sector: Consumer Cyclical. Industry: Travel Services. First dividend on our records: Aug 26, 1993. 106 payments tracked. Data last refreshed Oct 25, 2026. Spotted a mistake? Report it and we'll fix it.

RCL dividend FAQ

When is RCL's next ex-dividend date?

RCL's next ex-dividend date is Dec 16, 2026 (in 51 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $1.50 per share, expected on Dec 30, 2026.

How often does RCL pay dividends?

RCL pays dividends every quarter, 4 times a year. The most recent payment was $1.50 per share with an ex-date of Sep 17, 2026.

What is RCL's dividend yield?

RCL's trailing 12-month dividend yield is 1.99%, based on $5.50 per share paid over the last year and a share price of $276.48. The forward yield, using the indicated annual rate of $6.00 per share, is 2.17%.

How much does RCL pay per share?

RCL pays about $1.50 per share each quarter, which works out to roughly $6.00 per share a year. 100 shares would collect about $600.00 a year.

Has RCL grown or cut its dividend?

RCL has raised its annual dividend for 1 consecutive year. Over the last year the regular payout changed +80.3%. There has been no cut to a regular payment in the last 5 years.

How many shares of RCL do I need to earn $100 a month?

At the current forward yield of 2.17%, you would need about 200 shares of RCL (roughly $55,296 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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