Royal Caribbean Hikes Dividend, But Yield Remains Modest
Royal Caribbean Hikes Dividend, But Yield Remains Modest
finance.yahoo.com
| Royal Caribbean Cruises' (NYSE:RCL) Upcoming Dividend Will Be Larger Than Last Year's
Shareholder friendly capital allocation, and travel/tourism sector doing good is a good sign. Worth getting in.
This dividend hike to $1.00/share signals strong confidence in its recovery and cash flow, but with a sub-1% yield, it’s more a growth play than an income stock. Investors looking for high dividends may find better options elsewhere.
Modest? More like non-existent. It shouldn’t be considered to invest in . There’s plenty other reasons.
Royal Caribbean’s dividend boost highlights solid business momentum, but the low yield limits its appeal for income investors: the main upside still lies in stock price growth. So IMO, not too bad.