Royal Caribbean Cruises Ltd. announced on December 11, 2024, that its Board of Directors declared a quarterly dividend of $0.55 per common share. This represents a 38% increase from the previous dividend.
The dividend is payable on January 13, 2025, to shareholders of record at the close of business on December 27, 2024. This increase reflects the company's ongoing efforts to enhance shareholder returns.
This significant dividend hike underscores Royal Caribbean Group's strong financial position and confidence in its sustained profitability. It is a direct return of capital to shareholders, indicating a positive outlook from management.
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