Carnival Declares Fresh Dividend

The ship is soon to sail on Carnival's (NYSE: CCL  ) (NYSE: CUK  ) latest dividend. The cruise operator has declared a quarterly distribution of $0.25 per share for both its common stock and its American Depositary Shares, to be paid on Dec. 13 to holders of record as of Nov. 22. That amount matches all of the firm's previous regular disbursements stretching back to March 2011. Prior to that, Carnival handed out $0.10 per share.

The company also paid a $0.50 per share special dividend at the end of December last year.

Holders of the firm's U.K.-listed shares receive their distribution in British pounds by default. They can opt to be paid in U.S. dollars instead.

The just-declared dividend annualizes to an even $1.00 per share. That yields 3.1% at Carnival's current stock price of $32.25.

link


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2682981, ~/Articles/ArticleHandler.aspx, 9/21/2014 10:30:43 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement