Carnival Declares Dividend

By Finance

Carnival Corporation & plc has declared its dividend per share of $0.25. A record date was approved by the company's board of directors for the November 21, 2014 quarterly dividend, and December 12, 2014 payment date.

Holders of Carnival plc ADSs and Carnival Corporation common stock will receive their dividend payable in US dollars. The Carnival plc ordinary shares dividend will be payable in sterling as well. In case there is absence of elections or instructions to the contrary, Carnival plc ordinary shares’ holders will automatically receive their dividends in sterling. Dividend payable in sterling is converted from US dollars at the exchange rate of Bank of England - London at 12,00 on December 1, 2014. Carnival plc ordinary shares’ holders who wish to receive the dividend in US dollars or take part in Carnival’s Dividend Reinvestment Plan have to elect to do so by the 21st of November, 2014. Every shareholder in possession of at least 100 shares of Carnival can apply for Carnival cruise share benefits.

Carnival Corporation is currently the largest in the world cruise company, with a portfolio of brands in Europe, North America, Asia and Australia, and comprises Carnival Cruise Lines, AIDA Cruises, Holland America Line, Seabourn, Costa Cruises, Princess Cruises, Cunard, P&O Cruises (Australia), P&O Cruises (UK) and Ibero Cruises. Together, these operate 101 ships with total of 212,000 lower berths. Eight new cruise ships are scheduled for delivery in 2014-2017 period. Traded on both the London and New York Stock Exchanges, Carnival Corp is the only group included in both FTSE 100 and S&P 500 indices.

Carnival Freedom: Image by Dodo