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Carnival increases dividend, authorizes up to $1bn in share buybacks

Carnival Corp. & plc's quarterly dividend is going up to 40 cents per share from 35 cents previously.

Anne Kalosh, Editor, Seatrade Cruise News & Senior Associate Editor, Seatrade Cruise Review

April 7, 2017

1 Min Read
Credit: Seatrade Cruise News

Additionally, the company's board approved the re-authorization of up to $1bn in share repurchases covering both Carnival Corp. common stock and Carnival plc ordinary shares.

Since resuming the share repurchase program in late 2015 the company has bought back more than 56m shares valued at $2.7bn.

The dividend is payable on June 16 to shareholders of record on May 26.

About the Author

Anne Kalosh

Editor, Seatrade Cruise News & Senior Associate Editor, Seatrade Cruise Review

Anne Kalosh covers global stories, reporting both breaking and in-depth news on cruising's significant people, places, ships and trends. A sought-after expert on cruising, she has moderated conferences around the world, including the high-profile State of the Industry panel at Seatrade Cruise Global. She created and led the acclaimed itinerary-planning case study for Seatrade's cruise master classes held at Cambridge and Oxford universities. She has been the cruise columnist for AFAR.com, and her freelance stories have appeared in a wide range of publications, from The New York Times to The Miami Herald.

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