Royal Caribbean Cruises (RCL) has disclosed a new risk, in the Accounting & Financial Operations category.
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Royal Caribbean Cruises has not issued a dividend since the first quarter of 2020, signaling potential uncertainty for investors seeking regular income. The company’s future dividend policy remains at the discretion of its Board of Directors, contingent upon various factors such as current profitability, cash reserves, and considerations deemed relevant by the board. Additionally, any decision to resume dividend payments may trigger the repayment of deferred sums under export credit facilities, further complicating the financial strategy of the cruise operator.
Overall, Wall Street has a Strong Buy consensus rating on RCL stock based on 10 Buys and 2 Holds.
To learn more about Royal Caribbean Cruises’ risk factors, click here.