MIAMI, Oct. 19, 2017 /PRNewswire/ -- Carnival
Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) has announced
a 12 percent increase in its quarterly dividend to $0.45 per share from the previous dividend amount
of $0.40 per share.
"The increase in our quarterly dividend follows a 14 percent
increase earlier this year reflecting continued confidence in our
sustained earnings improvement and strong cash flow. The increased
dividend, combined with our ongoing share repurchase program,
affirms our continued commitment to return cash to shareholders,"
said David Bernstein, chief
financial officer for Carnival Corporation & plc.
The board approved a record date for the quarterly dividend of
November 24, 2017 with a payment date
of December 15, 2017. 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 December 1, 2017. 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 November 24,
2017.
Carnival Corporation & plc is the world's largest
leisure travel company and among the most profitable and
financially strong in the cruise and vacation industries, with a
portfolio of 10 dynamic brands that include nine of the world's
leading cruise lines. With operations in North America,
Europe, Australia and
Asia, its portfolio features
Carnival Cruise Line, Holland America Line, Princess Cruises,
Seabourn, AIDA Cruises, Costa Cruises,
Cunard, P&O Cruises (Australia) and P&O Cruises (UK), as
well as Fathom, the corporation's immersion and enrichment
experience brand.
Together, the corporation's cruise lines operate 103 ships with
231,000 lower berths visiting over 700 ports around the world, with
18 new ships scheduled to be delivered between 2018 and 2022.
Carnival Corporation & plc also operates Holland America
Princess Alaska Tours, the leading tour company in Alaska and
the Canadian Yukon. Traded on both the New York and
London Stock Exchanges, Carnival Corporation & plc is
the only group in the world to be included in both the S&P 500
and the FTSE 100 indices.
In 2017, Fast Company recognized Carnival Corporation as
being among the "Top 10 Most Innovative Companies" in both the
design and travel categories. Fast Company specifically
recognized Carnival Corporation for its work in developing Ocean
Medallion™, a high-tech wearable device that enables the world's
first interactive guest experience platform capable of
transforming vacation travel into a highly personalized and
elevated level of customized service.
Additional information can be found on www.carnival.com,
www.fathom.org, www.hollandamerica.com, www.princess.com,
www.seabourn.com, www.aida.de, www.costacruise.com, www.cunard.com,
www.pocruises.com.au and www.pocruises.com.
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SOURCE Carnival Corporation & plc