Carnival Corp declares special dividend

Carnival has announced a special dividend

Carnival Corporation has announced a special dividend of US$0.50 per share – in addition to the already announced regular quarterly dividend of US$0.25.

The already announced dividend is due to be paid on 14 December 2012 with the new dividend due to be paid on 28 December 2012.

“This additional dividend is in keeping with our previously stated strategy of returning excess free cash flow to shareholders,” said Carnival Corporation CEO and chairman Micky Arison. “Looking forward, we remain committed to increasing shareholder returns through a combination of dividend distributions and opportune share repurchases.”

Carnival Corp is the biggest cruise line in the world, owning the likes of Carnival Cruise Lines, Holland America Line, Princess Cruises, Seabourn, AIDA Cruises, Costa Cruises, Cunard, Ibero Cruises, P&O Cruises (UK) and P&O Cruises (Australia). 

By Sam Ballard, 16 November 2012, Friday 3:30 PM