Carnival (LON:CCL) declared a dividend on Wednesday, April 11th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, May 24th will be paid a dividend of $0.50 per share on Friday, June 15th. This represents a dividend yield of 0.78%. The ex-dividend date is Thursday, May 24th. This is a boost from Carnival’s previous dividend of $0.45. The official announcement can be seen at this link.
Shares of CCL stock traded up GBX 17 ($0.24) on Thursday, hitting GBX 4,518 ($63.86). 105,617 shares of the stock traded hands, compared to its average volume of 778,140. Carnival has a twelve month low of GBX 4,437 ($62.71) and a twelve month high of GBX 5,435 ($76.82).
Several analysts have issued reports on the company. Shore Capital reissued a “hold” rating on shares of Carnival in a research note on Wednesday, March 14th. HSBC reissued a “buy” rating and issued a GBX 5,500 ($77.74) price target on shares of Carnival in a research note on Friday, February 16th. Morgan Stanley lifted their price target on Carnival from GBX 5,000 ($70.67) to GBX 5,100 ($72.08) and gave the company an “equal weight” rating in a research note on Thursday, March 8th. Finally, Berenberg Bank dropped their price target on Carnival from GBX 5,300 ($74.91) to GBX 5,050 ($71.38) and set a “hold” rating on the stock in a research note on Tuesday, April 3rd. Five investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of GBX 5,411.67 ($76.49).
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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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