Carnival Corp. Ups Dividend by 20 Percent

carnival dream
Carnival Cruise Lines is one of Carnival Corp.'s 10 brands. 

Carnival Corporation & plc has announced that it has increased its quarterly dividend to $0.30 per share, a rise of 20 percent.

The company's board of directors approved a record date for the quarterly dividend of August 21, and a payment date of September 11.

Holders of Carnival Corporation common stock and Carnival plc ADSs will receive the dividend payable in U.S. dollars. The dividend for Carnival plc ordinary shares will be payable in U.S. dollars or sterling. In the absence of instructions or elections to the contrary, holders of Carnival plc ordinary shares will automatically receive the dividend in sterling. 

Dividends payable in sterling will be converted from U.S. dollars at the exchange rate quoted by the Bank of England in London at 12 noon on September 1. Holders of Carnival plc ordinary shares wishing to receive their dividend in U.S. dollars or participate in the Carnival plc Dividend Reinvestment Plan must elect to do so by August 21.

Read more on