Shares of Royal Caribbean Cruises Ltd (NYSE:RCL) are trading higher Thursday afternoon, propelled by the company’s announcement of a 33% increase in its quarterly dividend.
What To Know: The cruise operator’s board of directors declared a new quarterly dividend of $1.00 per share on Wednesday. “Today’s dividend increase reflects both the strength of our performance and our commitment to return capital to shareholders,” stated President and CEO Jason Liberty, highlighting a balanced approach to funding growth while rewarding investors.
