SmarterDividends
CCL

Carnival Corporation Ltd.

CCL

Consumer Cyclical · Stock · quarterly payer

Forward Yield

1.08%

Annual Dividend

$0.30

Payout Ratio

7%

5-Yr Growth

Ex-Date

May 18, 2026

Frequency

Quarterly

CCL Dividend Safety Score

72/ 100
Grade B

Safe

Dividend-growth streak9 consecutive years of growth
Cut historyCut its dividend in 2010
Earnings payout coverage7% of earnings paid out
Free-cash-flow coverage17% of free cash flow
Balance-sheet strengthDebt/equity of 2.04

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is CCL a good dividend stock?

Yes, with caveats

Carnival Corporation Ltd. (CCL) pays a quarterly dividend yielding 1.08% ($0.30/yr), with 10 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • 10 consecutive years of dividend growth
  • Comfortable payout ratio (7%)

Risks

  • Cut its dividend in 2010

Key Data

Dividend Yield
1.08%
Payout Ratio
7%
Annual Dividend
$0.30
5-Yr Avg Growth
Ex-Dividend Date
May 18, 2026
Years of Growth
10
Frequency
quarterly
Beta
2.33
Market Cap
$38.6B
P/E Ratio
12.3
5-Yr Total Return
5%
52-Week Range
$22.11 – $34.03
Dividend Safety
B · 72/100
Ever Cut?
Yes (2010)
CCL ex-dividend date & scheduleNext ex-date May 18, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $0.30 / yr per share

Per payment (quarterly)$7.50
Annual$30.00
Monthly avg$2.50