The company released a press statement on Tuesday verifying that its board of directors declared a 15 cent per share quarterly dividend for the quarter. The dividend is payable to shareholders on October 10, 2006.
“This is the 52nd consecutive quarter Royal Caribbean’s Board of Directors has voted to declare a dividend to shareholders,” read the company’s release.
The global cruise vacation company operates a fleet of 29 ships under the Royal Carib-bean International and Celebrity Cruises banner.
Royal Caribbean also has service into The Bahamas and its latest ship, Freedom of The Seas, sails to CocoCay which is owned by the company.
The company also reported this year that it would expand its market base, announcing in July that its cruise ships would sail to Asia in 2007.
“The introduction of Rhap-sody of the Seas into Asia, together with our previously announced deployments of ships to South America and the Dominican Republic are all part of the company’s strategy of international business development and expansion into emerging and high-growth markets,” said the president of Royal Caribbean International, Adam Goldstein, a week ago.
By: BARRY WILLIAMS, The Nassau Guardian
