Yes, as of March 2026, Royal Caribbean Group (RCL) pays a quarterly cash dividend to its shareholders. After suspending dividends during the pandemic era to preserve liquidity, the company officially reinstated them in late 2024. For the first quarter of 2026, Royal Caribbean declared a dividend of $1.50 per share, which is a significant increase from the previous quarters, reflecting the company’s strong post-pandemic recovery and record-breaking revenues. The ex-dividend date for the current cycle is March 6, 2026, and the payment is scheduled for April 3, 2026. With a current dividend yield of approximately 1.9% to 2.0%, the stock has regained its status as a "dividend-paying" favorite in the consumer discretionary sector. Investors who hold the stock before the ex-dividend date are eligible for this payout, which the company’s management has indicated will be a "progressive" dividend policy as they continue to reduce debt and return capital to shareholders in the 2026 fiscal year.