CCL Stock — Carnival Corp.

Carnival Corp. (CCL)

Updated October 16, 2026.

CCL is a Stock. its distribution rate is 2.32%, its trailing-12-month yield is 1.74%. Dividend Vision Distribution Safety Score™ is 65/100 (Generally safe). Total return is 1259.8% over the past 39.2 years.

Carnival Corporation operates leisure cruise ship services under nine brand names including Carnival Cruise Line, Princess Cruises, Holland America Line, and Costa Cruises, with additional businesses in port destinations, hotels, and tour operations across North America and Europe. The company distributes dividends quarterly at a modest current rate. This business appeals to income investors seeking dividend-paying exposure to the travel and leisure sector.

CCL performance

Price and return data through 2026-10-16.

Total return is 1259.8% over the past 39.2 years. Over the past year its total return — price change plus distributions reinvested — is -6.7%. Its deepest 1-year drawdown was 34.9%.

CCL key facts

Distribution Safety Score™

65 · Generally safe

Safety-Adjusted Yield

1.51%

Asset type

Stock

Asset class

Equity

Inception date

07/24/1987

Distribution rate

2.32%

Distribution frequency

Quarterly

Trailing yield

1.74%

5-year average yield

3.44

Last close

$25.90 (as of 2026-10-16)

Market cap

$34,825,402,341

Average volume

22289050.0

Dividend

$0.15

Ex-dividend date

08/07/2026

Payment date

08/28/2026

Beta

2.381

Payout ratio

18.9%

P/E ratio

11.41

Forward P/E

8.4317

EPS

$2.27

How Dividend Vision calculates yield and returns

Distribution rate (2.32%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.74%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

CCL risks and drawbacks

CCL's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 34.9%.

Who may consider CCL — and who may not

CCL may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (CCL pays quarterly); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

More on CCL

• All tickers starting with C

Tagged: Dividend.

Frequently asked questions