Carnival (LON:CCL) declared a dividend on Wednesday, April 11th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, May 24th will be paid a dividend of $0.50 per share on Friday, June 15th. This represents a yield of 0.78%. The ex-dividend date is Thursday, May 24th. This is a positive change from Carnival’s previous dividend of $0.45. The official announcement can be accessed at this link.
Shares of CCL traded up GBX 14 ($0.20) during trading hours on Thursday, hitting GBX 4,615 ($66.08). 235,399 shares of the stock were exchanged, compared to its average volume of 778,140. Carnival has a fifty-two week low of GBX 4,437 ($63.53) and a fifty-two week high of GBX 5,435 ($77.82).
CCL has been the subject of several recent analyst reports. HSBC reiterated a “buy” rating and set a GBX 5,500 ($78.75) price objective on shares of Carnival in a research report on Friday, February 16th. Morgan Stanley increased their price objective on shares of Carnival from GBX 5,000 ($71.59) to GBX 5,100 ($73.02) and gave the stock an “equal weight” rating in a research report on Thursday, March 8th. Shore Capital reiterated a “hold” rating on shares of Carnival in a research report on Wednesday, March 14th. Finally, Berenberg Bank decreased their price objective on shares of Carnival from GBX 5,300 ($75.89) to GBX 5,050 ($72.31) and set a “hold” rating for the company in a research report on Tuesday, April 3rd. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of GBX 5,411.67 ($77.49).
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Carnival Company Profile
Carnival plc operates as a leisure travel and cruise company. It offers cruises under the Carnival Cruise Line, Princess Cruises, Holland America Line, and Seabourn brands in North America; and Costa, AIDA, P&O Cruises (UK), Cunard, and P&O Cruises (Australia) brands in Europe, Australia, and Asia.
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