Carnival Corporation (CCL) to Issue Quarterly Dividend of $0.15 on November 27th

Carnival Corporation (NYSE:CCL) announced a quarterly dividend on Wednesday, October 21st. Shareholders of record on Friday, November 6th will be given a dividend of $0.15 per share on Friday, November 27th. This represents a $0.60 annualized dividend and a yield of 2.1%. The ex-dividend date is Friday, November 6th.

Carnival has decreased its dividend by an average of 1.0% annually over the last three years. Carnival has a payout ratio of 27.9% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Carnival to earn $2.55 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 23.5%.

Carnival Price Performance

Shares of CCL opened at $29.18 on Wednesday. Carnival has a twelve month low of $21.45 and a twelve month high of $34.03. The firm has a 50 day moving average of $25.01 and a 200 day moving average of $27.11. The company has a quick ratio of 0.23, a current ratio of 0.27 and a debt-to-equity ratio of 1.54. The company has a market capitalization of $39.23 billion, a P/E ratio of 12.74, a price-to-earnings-growth ratio of 1.28 and a beta of 2.48.

Carnival (NYSE:CCL) last released its earnings results on Tuesday, September 29th. The company reported $1.43 earnings per share for the quarter, beating the consensus estimate of $1.35 by $0.08. Carnival had a return on equity of 24.83% and a net margin of 11.37%. The company had revenue of $8.44 billion for the quarter, compared to the consensus estimate of $8.39 billion. During the same period in the previous year, the business earned $1.43 earnings per share. Carnival’s quarterly revenue was up 3.5% compared to the same quarter last year. Carnival has set its Q4 2026 guidance at 0.200-0.200 EPS and its FY 2026 guidance at 2.240-2.240 EPS. As a group, equities research analysts anticipate that Carnival will post 2.26 earnings per share for the current fiscal year.

Carnival Company Profile

Carnival Corporation & plc (NYSE: CCL) is one of the world’s largest leisure travel and cruise companies. It operates cruise lines that provide vacation travel, onboard entertainment, dining, accommodations, recreational activities and shore excursions. The company’s brands serve a broad range of travelers, from mainstream and contemporary vacationers to premium and luxury guests.

Carnival’s portfolio includes Carnival Cruise Line, Princess Cruises, Holland America Line, Seabourn, Cunard, Costa Cruises, AIDA Cruises, P&O Cruises UK and P&O Cruises Australia.