Carnival Corporation & plc Declares Special Dividend
MIAMI, Nov. 16, 2012 -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK)
has announced that the
board of directors declared a special dividend of $0.50 per share, which is in
addition to its previously announced
regular quarterly dividend of $0.25 per share already scheduled to be paid
December 14, 2012. For the special
dividend, the board approved a payment date of December 28, 2012 based on a
record date of December 7,
Commenting on the special dividend, Micky Arison, chairman and CEO of Carnival
Corporation & plc, stated,
"This additional dividend is in keeping with our previously stated strategy of
returning excess free cash flow to
shareholders. Looking forward, we remain committed to increasing shareholder
returns through a combination of
dividend distributions and opportune share repurchases."
Holders of Carnival Corporation common stock and Carnival plc ADSs will receive
the dividend payable in U.S.
dollars. The dividend for Carnival plc ordinary shares will be payable in U.S.
dollars or sterling. In the absence of
instructions or elections to the contrary, holders of Carnival plc ordinary
shares will automatically receive the
dividend in sterling.
Dividends payable in sterling will be converted from U.S. dollars at the
exchange rate quoted by the Bank of
England in London at 12 noon on December 3, 2012. Holders of Carnival plc
ordinary shares wishing to receive
their dividend in U.S. dollars or participate in the Carnival plc Dividend
Reinvestment Plan must elect to do so
between November 26, 2012 and December 7, 2012.
Carnival Corporation & plc is the largest cruise company in the world, with a
portfolio of cruise brands in North
America, Europe, Australia and Asia, comprised of Carnival Cruise Lines,
Holland America Line, Princess
Cruises, Seabourn, AIDA Cruises, Costa Cruises, Cunard, Ibero Cruises, P&O
Cruises (UK) and P&O Cruises
Together, these brands operate 100 ships totaling approximately 203,000 lower
berths with nine new ships
scheduled to be delivered between March 2013 and March 2016. Carnival
Corporation & plc also operates
Holland America Princess Alaska Tours, the leading tour company in Alaska and
the Canadian Yukon. Traded on
both the New York and London Stock Exchanges, Carnival Corporation & plc is the
only group in the world to be
included in both the S&P 500 and the FTSE 100 indices.
SOURCE Carnival Corporation
CONTACT: MEDIA CONTACT, Jennifer de la Cruz, +1-305-599-2600, ext. 16000;
CONTACT, Beth Roberts, +1-305-406-4832
-0- Nov/16/2012 14:15 GMT
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