OneSpaWorld Raises Quarterly Dividend 25% to $0.0625 Per Share

OneSpaWorld Holdings Limited raised its quarterly dividend by 25% to $0.0625 per common share, expanding shareholder payouts after a quarter in which revenue, net income and adjusted EBITDA all increased year over year.

OneSpaWorld announced the board-approved increase Oct. 28. The dividend is payable Dec. 2 to shareholders of record at the close of business Nov. 18. The previous quarterly dividend was $0.05 per share, payable Sept. 2 to shareholders of record Aug. 19.

The increase accompanied OneSpaWorld’s results for the third quarter of fiscal 2026, which ended Sept. 30. Revenue rose 7% from a year earlier to $276.5 million, a record for the company. Net income increased 16% to $28.2 million, while adjusted EBITDA grew 12% to $39.2 million.

The company’s board also approved a share repurchase program of up to $100 million on Oct. 20. The authorization does not require OneSpaWorld to repurchase a specific dollar amount or number of shares. Executive Chairman and CEO Leonard Fluxman said the dividend increase alongside the buyback approval reflected the strength of the company’s asset-light operations and its ability to generate consistently strong and growing free cash flow.

OneSpaWorld provides health, wellness and aesthetic services, products and experiences aboard cruise ships and at destination resorts. The next scheduled step for shareholders is the Dec. 2 dividend payment, with eligibility based on the Nov. 18 record date.