When will $RCL Royal Caribbean reinstate their dividend?

Full disclosure: I am pretty heavy on Royal Caribbean in my portfolio. This is mainly due to the fact that I was probably one of the only "insane" people to really strengthen my position in the stock when it was $45 during covid and freefalling.

I originally bought the stock 8 years ago because it was my personal favorite cruise line and it had an attractive dividend payout. When Covid hit the world, they removed the dividend to stay afloat obviously. Now, the stock is at its ATH and I believe in it more than ever with the decisions the company has made to invest in the largest sized class of cruise liners. I also believe they will be the first cruise company to move into AI and automation to improve all aspects on board.

So my question is, when do y'all think they will reinstate that dividend payout or is it gone forever? Not sure if other companies have gone through this as well and brought back the dividend?



View Reddit by DSETkillaView Source

Leave a Reply

Your email address will not be published. Required fields are marked *