From the Wires
Carnival Corporation & plc Announces Exchange Rate for Quarterly Dividend and Special Dividend
By: PR Newswire
Dec. 4, 2012 09:15 AM
MIAMI, Dec. 4, 2012 /PRNewswire/ -- On October 9, 2012, Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) announced a quarterly cash dividend of $0.25 (U.S.) per share. The dividend is payable on December 14, 2012, to shareholders of record on November 23, 2012.
The company also announced a special dividend of $0.50 per share which is in addition to the previously announced quarterly dividend of $0.25 per share. The payment date for the special dividend is December 28, 2012, to shareholders of record on December 7, 2012.
Holders of Carnival Corporation common stock or Carnival plc ADSs will receive a dividend payable in U.S. dollars. The quarterly dividend for Carnival plc ordinary shares will be payable in sterling unless shareholders elected to receive the dividend in U.S. dollars by November 23, 2012. The special dividend for Carnival plc ordinary shares will be payable in sterling unless shareholders elect to receive the dividend in U.S. dollars by December 7, 2012.
Both the quarterly dividend and special dividend 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 (US$1 = 62.30530 pence). Accordingly, the quarterly dividend payable in sterling on December 14, 2012 will be 15.57632 pence per share, and the special dividend payable in sterling on December 28, 2012, will be 31.15265 pence per share.
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 (Australia).
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 & plc
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