Royal Caribbean Boosts Shareholder Value with Dividend Increase and $1 Billion Stock Buyback Plan
The Board of Directors of Royal Caribbean Group (NYSE: RCL) has declared a quarterly dividend of $0.75 per common share, set to be paid on April 4, 2025, to shareholders of record by the close of business on March 7, 2025.
In addition to the dividend announcement, the Board has also approved a stock repurchase program allowing for the buyback of up to $1 billion of the company’s common stock over the next twelve months.
Jason Liberty, president and CEO of Royal Caribbean Group, noted that this strong performance and solid balance sheet enable the company to increase capital allocation while planning for the future. He highlighted that nearly $500 million in dividends have been paid or declared in the past four months, and the newly authorized share repurchase program underscores confidence in their business strategy, disciplined capital allocation, and commitment to providing long-term value to shareholders.
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At CruiseShip.net, our editorial team is made up of passionate travelers, seasoned cruisers, and maritime industry enthusiasts who live and breathe life at sea. From the latest ship launches and destination spotlights to detailed reviews and onboard tips, we are dedicated to helping readers discover the joy of cruising. Our mission is to make every article both inspiring and useful, whether you are planning your first voyage or your fiftieth. We research, fact-check, and collaborate with cruise insiders around the world to bring you accurate, up-to-date, and exciting coverage of the global cruise industry. Join us as we chart new horizons, exploring one port, one ship, and one unforgettable experience at a time.
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