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GuruFocus has detected 3 Warning Signs with Carnival Corp $CCL.
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Carnival Corp (NYSE:CCL)
Dividend Payout Ratio
0.73 (As of Feb. 2017)

Carnival Corp's dividend payout ratio for the three months ended in Feb. 2017 was 0.73.

CCL' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.16   Max: 0.74
Current: 0.35

0.16
0.74

During the past 13 years, the highest Dividend Payout Ratio of Carnival Corp was 0.74. The lowest was 0.16. And the median was 0.49.

CCL's Dividend Payout Ratio is ranked higher than
74% of the 459 Companies
in the Global Leisure industry.

( Industry Median: 0.43 vs. CCL: 0.35 )

As of Today, the Trailing Annual Dividend Yield of Carnival Corp is 2.37%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Carnival Corp was 10.15%. The lowest was 0.23%. And the median was 2.56%.

Carnival Corp's Dividends Per Share for the three months ended in Feb. 2017 was $0.35.

During the past 12 months, Carnival Corp's average Dividends Per Share Growth Rate was 21.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Carnival Corp was 37.80% per year. The lowest was 0.00% per year. And the median was 7.70% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Definition

Dividend payout ratio measures the percentage of the company’s earnings paid out as dividends.

Carnival Corp's Dividend Payout Ratio for the fiscal year that ended in Nov. 2016 is calculated as

Dividend Payout Ratio=Dividends Per Share (A: Nov. 2016 )/EPS without NRI (A: Nov. 2016 )
=1.35/3.72
=0.36

Carnival Corp's Dividend Payout Ratio for the quarter that ended in Feb. 2017 is calculated as

Dividend Payout Ratio=Dividends Per Share (Q: Feb. 2017 )/EPS without NRI (Q: Feb. 2017 )
=0.35/0.48
=0.73

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Related Terms

EPS without NRI, Net Income, Dividends Per Share, Earnings per Share, Dividend Yield, 3-Year Dividends Growth Rate, 5-Year Dividends Growth Rate


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Carnival Corp Annual Data

Nov07Nov08Nov09Nov10Nov11Nov12Nov13Nov14Nov15Nov16
payout 0.470.550.000.160.410.600.740.640.490.36

Carnival Corp Quarterly Data

Nov14Feb15May15Aug15Nov15Feb16May16Aug16Nov16Feb17
payout 0.004.170.860.190.861.670.440.180.420.73
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