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Royal Caribbean Cruises Ltd. (NYSE:RCL) Announces Dividend Increase - $1.50 Per Share
Royal Caribbean Cruises Ltd. (NYSE:RCL) has announced a 50% increase in its quarterly dividend to $1.50 per share, payable on April 3rd to shareholders of record on March 6th. Despite the dividend hike, the stock experienced a 4.1% dip in trading. The dividend is well-supported by the company’s earnings, with a payout ratio around 22.6% and strong forecasted full-year EPS.