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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.
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