The board of directors of Royal Caribbean (RCL) declared a quarterly dividend of $1.00 per common share payable on January 14, 2026 to shareholders of record at the close of business on December 26, 2025. The company also announced today that its Board of Directors has approved the repurchase of up to $2B of the company’s common stock. “With the completion of the prior $1 billion share repurchase program and the retirement of 3.5 million shares, we have returned $1.9 billion to shareholders through dividends and share repurchases since July 2024” said CFO Naftali Holtz. “Our strong financial position and investment grade balance sheet allow us to introduce a new $2 billion share repurchase program. By doing that, we are reinforcing our commitment to delivering long term shareholder value through the execution of our strategic growth priorities and capital return to shareholders.”
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