ROYAL CARIBBEAN CRUISES LTD (RCL) closed fiscal year 2025 with 270 M shares outstanding and a dividend of 3.50 USD per share.
ROYAL CARIBBEAN CRUISES LTD (RCL) closed fiscal year 2025 with 270 M shares outstanding and a dividend of 3.50 USD per share. Over the year the share count rose by 1.52 M shares on a net basis, typically through stock-based compensation and options. Since 2009 the share count has grown by 25.6 %. The dividend per share was 3.50 USD, up 268.4 % year on year. Total dividends paid came to 824 M USD, spread over 4 payments. The series covers 18 fiscal years, from 2008 to 2025. Per-share amounts are stated in USD. Share counts and dividends come from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares outstanding, year-end | 215M | 216M | 219M | 219M | 220M | 219M | 218M | 215M | 213M | 209M | 209M | 237M | 255M | 255M | 256M | 269M | 270M |
| Shares issued — SBC/options | — | 0.61M | 3.33M | 0.00M | 1.70M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 28.6M | 17.4M | 0.42M | 1.19M | 12.5M | 1.52M |
| Shares issued (%) | — | 0.28 % | 1.52 % | 0.00 % | 0.77 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 12.05 % | 6.84 % | 0.16 % | 0.46 % | 4.64 % | 0.56 % |
| Shares repurchased | — | 0.00M | 0.00M | -0.46M | 0.00M | -1.18M | -1.30M | -3.40M | -1.26M | -4.32M | -0.22M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Shares repurchased (%) | — | 0.00 % | 0.00 % | -0.21 % | 0.00 % | -0.54 % | -0.60 % | -1.58 % | -0.59 % | -2.07 % | -0.10 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Net addition/reduction | — | 0.61M | 3.33M | -0.46M | 1.70M | -1.18M | -1.30M | -3.40M | -1.26M | -4.32M | -0.22M | 28.6M | 17.4M | 0.42M | 1.19M | 12.5M | 1.52M |
| Net addition/reduction (%) | — | 0.28 % | 1.52 % | -0.21 % | 0.77 % | -0.54 % | -0.60 % | -1.58 % | -0.59 % | -2.07 % | -0.10 % | 12.05 % | 6.84 % | 0.16 % | 0.46 % | 4.64 % | 0.56 % |
Fiscal year end: December
| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend per share (DPS) | — | — | 0.20 | 0.12 | 0.74 | 1.10 | 1.35 | 1.71 | 2.16 | 2.60 | 2.96 | 0.78 | — | 0.00 | 0.00 | 0.95 | 3.50 |
| Payout Ratio (%) | — | — | 3.57 % | 643.66 % | 30.32 % | 26.04 % | 42.09 % | 27.00 % | 26.92 % | 29.13 % | 32.08 % | — | — | — | 0.00 % | 3.72 % | 19.31 % |
| Number of payments | — | — | 2.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 1.00 | — | — | — | 2.00 | 4.00 |
| Dividends paid (total) | — | — | 21.7M | 118M | 144M | 199M | 280M | 346M | 437M | 527M | 603M | 326M | 0.00M | 0.00M | 0.00M | 107M | 824M |
| Dividend Yield (%) | — | — | 0.81 % | 0.36 % | 1.57 % | 1.34 % | 1.35 % | 2.06 % | 1.79 % | 2.71 % | 2.22 % | 1.07 % | — | 0.00 % | 0.00 % | 0.41 % | 1.23 % |
Figures in USD
