Carnival Corporation Lifts Dividend

By ,   April 15, 2016 ,   Cruise Industry

On the day of company's annual shareholders meeting in New York City, Carnival Corporation & plc announced its 17% increase in quarterly dividend.

The pay is going up to 35 cents per share. According to Arnold Donald, president and CEO:

'The increase in our quarterly dividend follows a 20% increase less than a year ago and reflects our sustained earnings improvement and growing net cash flow which is forecasted to reach $4.5 billion in 2016.'

May 27 is the record date for the dividend; June 17 is the payment date.