Intr3pid
DIS Veteran
- Joined
- Mar 2, 2018
It looks like the RCL stock is now down to about $50 per share from a high of $135 in February. What I am seeing though is that most folks are just postponing their trips. Of course, if a recession strikes, the demand may soften everywhere. You could end up with a $25 stock.
Ignoring the fair value for a moment, I see that - at the current prices - the stock pays a roughly 5% dividend. If I factor in a $250 stateroom credit for our annual Celebrity cruise (for every 100 shares), that's another 5% yield. In other words, the stock is providing a roughly 10% annual yield for those cruising one of its three brands, and then there is a possibility of the price going back up a sizable chunk next year.
What do you guys think? Good way to lower your cost of cruising?
Ignoring the fair value for a moment, I see that - at the current prices - the stock pays a roughly 5% dividend. If I factor in a $250 stateroom credit for our annual Celebrity cruise (for every 100 shares), that's another 5% yield. In other words, the stock is providing a roughly 10% annual yield for those cruising one of its three brands, and then there is a possibility of the price going back up a sizable chunk next year.
What do you guys think? Good way to lower your cost of cruising?