Royal Caribbean Cruises Ltd (NYSE:RCL) announced a quarterly dividend on Tuesday, December 5th, RTT News reports. Investors of record on Thursday, December 21st will be given a dividend of 0.60 per share on Friday, January 5th. This represents a $2.40 dividend on an annualized basis and a yield of 1.97%. The ex-dividend date of this dividend is Wednesday, December 20th.
Shares of Royal Caribbean Cruises (RCL) opened at $121.66 on Friday. Royal Caribbean Cruises has a 52 week low of $81.59 and a 52 week high of $133.75. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.13 and a current ratio of 0.16. The stock has a market capitalization of $26,052.48, a P/E ratio of 16.40, a P/E/G ratio of 0.73 and a beta of 1.06.
Royal Caribbean Cruises (NYSE:RCL) last posted its earnings results on Tuesday, November 7th. The company reported $3.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.43 by $0.06. Royal Caribbean Cruises had a return on equity of 16.64% and a net margin of 18.41%. The business had revenue of $2.57 billion during the quarter, compared to analysts’ expectations of $2.57 billion. During the same period in the prior year, the business earned $3.20 EPS. Royal Caribbean Cruises’s revenue for the quarter was up .2% compared to the same quarter last year. analysts anticipate that Royal Caribbean Cruises will post 7.39 earnings per share for the current year.
In related news, CEO Richard D. Fain sold 20,000 shares of the firm’s stock in a transaction on Friday, October 13th. The shares were sold at an average price of $125.70, for a total value of $2,514,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders sold 60,000 shares of company stock valued at $7,449,200 over the last three months. 15.30% of the stock is owned by company insiders.
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Royal Caribbean Cruises Company Profile
Royal Caribbean Cruises Ltd. is a cruise company. The Company owns and operates three global cruise brands: Royal Caribbean International, Celebrity Cruises and Azamara Club Cruises (Global Brands). The Company also own joint venture interest in the German brand TUI Cruises, interest in the Spanish brand Pullmantur and interest in the Chinese brand SkySea Cruises (collectively, Partner Brands).
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