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Carnival Corp. boosts dividend 20%, to 30 cents per share

Carnival Corp. boosts dividend 20%, to 30 cents per share
Carnival Corp. & plc raised its quarterly dividend to 30 cents per share, a 20% increase.

This reflects the company's strong cash flow from operations, approaching $4bn this year, according to Arnold Donald, Carnival Corp. president and ceo. He added Carnival is committed to returning value to shareholders as it works toward the goal of providing double-digit return on invested capital.

The dividend is payable on Sept. 11 to shareholders of record on Aug. 21.