Royal Caribbean Boosts Dividend 36%, Announces $1 Billion Buyback Program; Shares up After Hours

MT Newswires Live

02/13

Royal Caribbean Group (RCL) said late Wednesday its board raised the company's quarterly dividend by 36% to $0.75 per share, payable April 4 to shareholders of record at the close of business on March 7.

The board also approved a $1 billion common stock repurchase program, valid for 12 months.

The company's shares were up 2% in after-hours activity.

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