Carnival Corporation declared a quarterly dividend of $0.15 per share, payable August 28 to shareholders of record as of August 7, 2026, the cruise operator announced this week.
The August payment marks the fourth consecutive quarterly dividend since Carnival reinstated its dividend program in December 2025 after a multi-year suspension caused by the pandemic’s impact on the cruise industry.
With this declaration, Carnival will have paid $0.60 per share in total dividends during 2026, representing a dividend yield of approximately 2.25 percent based on recent stock prices.
The dividend reinstatement came after Carnival delivered record financial results in 2025. The company reported adjusted net income of $3.1 billion, up over 60 percent from the prior year, and record revenues of $26.6 billion. The company also achieved EBITDA of $6.91 billion, the highest in its company history, surpassing the pre-pandemic peak of $5.43 billion in 2019, according to Yahoo Finance.
Carnival suspended its dividend in 2020 as the pandemic shuttered the cruise industry. The reinstatement in December 2025 signaled the company’s financial recovery and confidence in its business trajectory. CEO Josh Weinstein called 2025 “a truly phenomenal year,” following record quarterly earnings throughout the year.
The cruise operator operates more than 90 vessels across eight brands globally. Carnival’s dividend reinstatement reflects broader recovery across the cruise industry, which has seen strong demand and pricing power as travel resumed post-pandemic.
Sources
- Yahoo Finance Canada — Carnival’s July 9, 2026 dividend declaration with record date and payment date details
- MarketScreener — Confirmation of the August 28, 2026 payment date
- Investing.com — Dividend amount, annual total of $0.60, and dividend yield of 2.34%
- Macrotrends — TTM dividend payout of $0.60 and dividend yield of 2.25%
- Travel Weekly — December 2025 dividend reinstatement announcement and record 2025 results
- Yahoo Finance — 2025 EBITDA of $6.91 billion as company record
- Reuters — Dividend reinstatement following record 2025 profit
