Carnival PLC (CCL)

[PinkDalek]

Carnival PLC RNS Announcements may be found here:

https://www.investegate.co.uk/CompData. ... ouncements

https://www.londonstockexchange.com/exc ... 0GBGBXSET1

The “Investors” section of the company’s website is here:

http://www.carnivalcorp.com/phoenix.zht ... witchQuote

The “Dividend information” section is here:

http://www.carnivalcorp.com/phoenix.zht ... -dividends


The latest RNS https://www.investegate.co.uk/carnival- ... 1500P98CF/ includes (my bold):

On January 17, 2019, Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) announced a quarterly cash dividend of $0.50 (U.S.) per share. The dividend is payable on March 15, 2019, to shareholders of record on February 22, 2019.

Holders of Carnival Corporation common stock or Carnival plc ADSs will receive a dividend payable in U.S. dollars. The dividend for Carnival plc ordinary shares will be payable in sterling unless shareholders elected to receive the dividend in U.S. dollars by February 22, 2019.

Dividends payable in sterling will be converted from U.S. dollars at the exchange rate quoted by Bloomberg (BFIX) at 12 noon London time on March 1, 2019 (US$1 = 75.62866 pence). Accordingly, the dividend payable in sterling on March 15, 2019, will be 37.81433 pence per share.

[PinkDalek]

Static quarterly dividend in dollar terms.

https://www.investegate.co.uk/carnival- ... 1500PFBCF/

MIAMI, April 18, 2019 -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) today announced that it has declared a quarterly dividend of $0.50 per share.

The company's boards of directors approved a record date for the quarterly dividend of May 24, 2019, and a payment date of June 14, 2019.

... 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 Bloomberg (BFIX) at 12 noon London time on June 3, 2019. ...

[PinkDalek]

https://www.investegate.co.uk/carnival- ... 3000PA7F6/

Dividends payable in sterling will be converted from U.S. dollars at the exchange rate quoted by Bloomberg (BFIX) at 12 noon London time on June 3, 2019 (US$1 = 79.06076 pence). Accordingly, the dividend payable in sterling on June 14, 2019, will be 39.53038 pence per share.

Previous quarter 37.81433p (same $0.50).

[PinkDalek]

CARNIVAL PLC - Half-year Report Carnival Corporation & plc Reports Second Quarter Earnings covered by IanTHughes over at High Yield Portfolios (HYP) - Practical:

viewtopic.php?p=230997

His executive summary being:

So, a decrease in the expected full year earnings, ouch!

[PinkDalek]

Great timing for the fx!

https://www.investegate.co.uk/carnival-plc/prn/carnival-announces-dividend-exchange-rate/20190903164614P57D7/

Dividends payable in sterling will be converted from U.S. dollars at the exchange rate quoted by Bloomberg (BFIX) at 12 noon London time on September 3, 2019 (US$1 = 83.12206 pence). Accordingly, the dividend payable in sterling on September 13, 2019, will be 41.56103 pence per share.

Previous quarter 39.53038p (same $0.50).

[PinkDalek]

Already reported elsewhere on TLF but for the record:

https://www.investegate.co.uk/carnival-plc/ccl/carnival-exchange-rate-for-quarterly-dividend/20191202175500P53EE/

Dividends payable in sterling will be converted from U.S. dollars at the exchange rate quoted by Bloomberg (BFIX) at 12 noon London time on December 2, 2019 (US$1 = 77.41736 pence). Accordingly, the dividend payable in sterling on December 13, 2019, will be 38.70868 pence per share.

Previous quarter 41.56103p (same $0.50).

[PinkDalek]

Something for the weekend (Released 14:15)?:

Carnival Corp & plc Fourth Quarter Results
Carnival Corporation & plc Reports Fourth Quarter And Full Year Earnings

Record fourth quarter and full year revenues ...

https://www.investegate.co.uk/carnival-plc--ccl-/prn/carnival-corp--amp--plc-fourth-quarter-results/20191220141500P6230/

[PinkDalek]

Unsurprisingly, quarterly dividend payable 13 March 2020 remains at US$0.50 per share.

Carnival Corporation & plc Declares Dividend
https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/CCL/14387654.html

Exchange rate to be revealed March 2, 2020.

[PinkDalek]

Not a surprise:

CCL Princess Cruises Update
Released 12:40 12-Mar-2020

Princess Cruises Announces a Voluntary and Temporary Pause of its Global Ship Operations for 60 Days
https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/CCL/14458710.html

[PinkDalek]

Update on Debt Funding and Other Matters
Released 13:15 16-Mar-2020

https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/CCL/14462908.html

Including:

On March 13, 2020, Carnival Corporation provided notice to the Lenders to borrow approximately $3 billion under the Facility Agreement for a period of six months. As of this borrowing, Carnival Corporation will have fully drawn down the Facility Agreement. The Corporation borrowed under the Facility Agreement in order to increase its cash position and preserve financial flexibility in light of current uncertainty in the global markets resulting from the COVID-19 outbreak. The proceeds from the Facility Agreement borrowings will be available to be used for working capital, general corporate or other purposes. ... Given the uncertainty of the situation, the Corporation is currently unable to provide an earnings forecast, however we expect results of operations for the fiscal year ending November 30, 2020 to result in a net loss.

No kidding to the last sentence.

[idpickering]

P&O Cruises Australia Extends Pause in Operations

https://www.investegate.co.uk/carnival- ... 0000P5248/

CARNIVAL Q4 2020 BUSINESS UPDATE

https://www.investegate.co.uk/carnival- ... 0000P554E/

[PinkDalek]

Carnival Corporation & plc Provides Preliminary Financial Information For The Fourth Quarter
Released 14:15:00 11 January 2021
https://www.londonstockexchange.com/news-article/CCL/carnival-4q-preliminary-financial-info/14822216

Including:

"With the aggressive actions we have taken, managing the balance sheet and reducing capacity, we are well positioned to capitalize on pent up demand and to emerge a leaner, more efficient company, reinforcing our industry leading position."