Carnival Corporation (NYSE:CCL) Announces Quarterly Dividend of $0.15

Posted by Linda Flegge on Jul 9th, 2026

Carnival Corporation (NYSE:CCL – Get Free Report) declared a quarterly dividend on Thursday, July 9th. Investors of record on Friday, August 7th will be given a dividend of 0.15 per share on Friday, August 28th. This represents a c) annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Friday, August 7th.

Carnival has decreased its dividend by an average of 1.0%annually over the last three years. Carnival has a dividend payout ratio of 27.9% indicating that its dividend is sufficiently covered by earnings. Analysts expect Carnival to earn $2.60 per share next year, which means the company should continue to be able to cover its $0.60 annual dividend with an expected future payout ratio of 23.1%.

Carnival Trading Up 4.1%

CCL stock traded up $1.05 during midday trading on Thursday, reaching $26.69. 16,726,575 shares of the company’s stock traded hands, compared to its average volume of 25,706,818. The company has a debt-to-equity ratio of 1.80, a current ratio of 0.33 and a quick ratio of 0.29. Carnival has a fifty-two week low of $23.45 and a fifty-two week high of $34.03. The business has a 50-day moving average price of $27.40 and a two-hundred day moving average price of $28.44. The company has a market capitalization of $36.56 billion, a P/E ratio of 12.02, a PEG ratio of 1.18 and a beta of 2.32.

Carnival (NYSE:CCL – Get Free Report) last released its quarterly earnings data on Tuesday, June 23rd. The company reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.07. Carnival had a net margin of 11.24% and a return on equity of 26.11%. The company had revenue of $6.66 billion during the quarter, compared to analyst estimates of $6.69 billion. During the same quarter in the prior year, the business earned $0.35 earnings per share. The business’s quarterly revenue was up 5.3% compared to the same quarter last year. Carnival has set its FY 2026 guidance at 2.220-2.220 EPS and its Q3 2026 guidance at 1.350-1.350 EPS. Equities research analysts forecast that Carnival will post 2.22 EPS for the current fiscal year.

About Carnival

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Carnival Corporation (NYSE: CCL) is a global cruise operator that provides leisure travel services through a portfolio of passenger cruise brands. The company’s core business is operating cruise ships that offer multi-night voyages and associated vacation services, including onboard accommodations, dining, entertainment, spa and wellness offerings, casinos, youth programs, and organized shore excursions. Carnival markets cruise vacations to a broad range of consumers, from value-focused travelers to premium and luxury segments, through differentiated brand positioning and onboard experiences.

Its operating structure comprises multiple well-known cruise brands that target distinct geographic and demographic markets.