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

Carnival Corporation (NYSE:CCL) declared a quarterly dividend on Friday, December 19th. Shareholders of record on Friday, February 13th will be given a dividend of 0.15 per share on Friday, February 27th. This represents a c) annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend is Friday, February 13th.

Carnival has decreased its dividend payment by an average of 1.0%per year over the last three years. Carnival has a dividend payout ratio of 27.9% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Carnival to earn $2.09 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 28.7%.

Carnival Stock Up 0.1%

Shares of NYSE CCL opened at $33.37 on Wednesday. The firm’s 50-day moving average price is $29.88 and its 200-day moving average price is $29.34. The company has a current ratio of 0.32, a quick ratio of 0.28 and a debt-to-equity ratio of 1.96. The stock has a market capitalization of $41.27 billion, a price-to-earnings ratio of 16.69, a P/E/G ratio of 1.20 and a beta of 2.49. Carnival has a 12-month low of $15.07 and a 12-month high of $34.03.

Carnival (NYSE:CCL) last released its quarterly earnings results on Friday, December 19th. The company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.25 by $0.09. Carnival had a return on equity of 28.39% and a net margin of 10.37%.The company had revenue of $6.33 billion during the quarter, compared to analyst estimates of $6.38 billion. During the same quarter last year, the business posted $0.14 earnings per share. The firm’s revenue was up 6.6% on a year-over-year basis. Carnival has set its Q1 2026 guidance at 0.170-0.170 EPS and its FY 2026 guidance at 2.480-2.48 EPS. On average, equities research analysts anticipate that Carnival will post 1.77 EPS for the current fiscal year.

Institutional Investors Weigh In On Carnival

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Evolution Wealth Management Inc. bought a new stake in Carnival during the 2nd quarter valued at $25,000. BOCHK Asset Management Ltd bought a new position in shares of Carnival in the 4th quarter worth $25,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of Carnival during the 3rd quarter worth $25,000. Lloyd Advisory Services LLC. bought a new stake in Carnival during the fourth quarter valued at about $26,000. Finally, Newbridge Financial Services Group Inc. boosted its position in Carnival by 381.0% during the fourth quarter. Newbridge Financial Services Group Inc. now owns 962 shares of the company’s stock valued at $29,000 after purchasing an additional 762 shares in the last quarter. Institutional investors own 67.19% of the company’s stock.

About Carnival

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.