Carnival Corporation & plc logo
CCLCarnival Corporation & plc

Dividend Payout Ratio: 6.75%

Is the dividend payout ratio high or low?

The dividend payout ratio of 6.75% is in line with its 1-year average of 6.67%, near the high end of its 1-year range (6.66%–6.75%).

As of Sunday, June 28, 2026. 1.32% above its 12-month average of 6.67%.

Dividend Payout Ratio (6.75%) = TTM Dividends/Share ($0.15) / TTM EPS ($2.22)

CCL Dividend Payout Ratio (TTM)

CCL Dividend Payout Ratio (TTM) Chart

6.75%
+1.33% 1Y
CCL Dividend Payout Ratio

CCL Average Dividend Payout Ratio Chart

CCL Dividend Payout Ratio

CCL Current vs Average Dividend Payout Ratio Chart

CCL Dividend Payout Ratio Metrics

DIVIDEND PAYOUT RATIO

6.75%

DIVIDEND PAYOUT RATIO AVG TTM

6.67%

DIVIDEND PAYOUT RATIO AVG 3Y

6.67%

DIVIDEND PAYOUT RATIO AVG 5Y

6.67%

DIVIDEND PAYOUT RATIO AVG 10Y

43.42%

DIVIDEND PAYOUT RATIO AVG 15Y

52.28%

DIVIDEND PAYOUT RATIO AVG 20Y

46.86%

CURRENT VS TTM AVG

+1.32%

CURRENT VS 3Y AVG

+1.32%

CURRENT VS 5Y AVG

+1.32%

CURRENT VS 10Y AVG

-84.44%

CURRENT VS 15Y AVG

-87.08%

CURRENT VS 20Y AVG

-85.59%

Annual Payout Ratio History

YearEPSDividendPayout Ratio
2025$2.10$0.000.0%
2024$1.50$0.000.0%
2023($0.06)$0.00N/A (Loss)
2022($5.16)$0.00N/A (Loss)
2021($8.46)$0.00N/A (Loss)
2020($13.20)$0.50N/A (Loss)
2019$4.34$2.0046.1%
2018$4.45$1.9543.8%
2017$3.61$1.6044.3%
2016$3.73$1.3536.2%
2015$2.26$1.1048.7%
2014$1.59$1.0062.9%
2013$1.39$1.0071.9%
2012$1.67$1.5089.8%
2011$2.43$1.0041.2%
2010$2.51$0.4015.9%
2009$2.27$0.000.0%
2008$2.96$1.6054.1%
2007$3.04$1.3845.2%
2006$2.85$1.0236.0%
2005$2.80$0.8028.6%
2004$2.31$0.5322.7%
2003$1.65$0.4426.7%
2002$1.72$0.4224.4%
2001$1.58$0.4226.6%
2000$1.61$0.4226.1%
1999$1.68$0.3822.3%
1998$1.40$0.3122.5%
1997$1.12$0.2421.4%
1996$0.48$0.1939.6%

Dividend Payout Ratio Formula & Definition

The payout ratio shows the share of trailing-12-month earnings paid out as dividends. Lower leaves more room to grow the dividend; a ratio persistently above 100% means dividends exceed earnings.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Dividend Payout Ratio FAQ

What is the dividend payout ratio for Carnival Corporation & plc (CCL)?
The dividend payout ratio for CCL stock is 6.75%.
Is Carnival Corporation & plc's dividend payout ratio high or low?
The dividend payout ratio of 6.75% is in line with its 1-year average of 6.67%, near the high end of its 1-year range (6.66%–6.75%).
What is the TTM average dividend payout ratio for Carnival Corporation & plc (CCL)?
The TTM average dividend payout ratio for CCL stock is 6.67%.
What is the 3Y average dividend payout ratio for Carnival Corporation & plc (CCL)?
The 3Y average dividend payout ratio for CCL stock is 6.67%.
What is the 5Y average dividend payout ratio for Carnival Corporation & plc (CCL)?
The 5Y average dividend payout ratio for CCL stock is 6.67%.
What is the 10Y average dividend payout ratio for Carnival Corporation & plc (CCL)?
The 10Y average dividend payout ratio for CCL stock is 43.42%.
What is the 15Y average dividend payout ratio for Carnival Corporation & plc (CCL)?
The 15Y average dividend payout ratio for CCL stock is 52.28%.
What is the 20Y average dividend payout ratio for Carnival Corporation & plc (CCL)?
The 20Y average dividend payout ratio for CCL stock is 46.86%.

CCL Dividend Payout Ratio History

DATEDIVIDEND PAYOUT RATIO
2026-06-266.75%
2026-06-256.67%
2026-06-236.66%
2026-06-186.67%
2026-06-166.67%
2026-06-126.67%
2026-06-106.67%
2026-06-086.66%
2026-06-046.67%
2026-06-026.66%
2026-05-296.67%
2026-05-276.67%
2026-05-226.67%
2026-05-206.67%
2026-05-186.67%
2020-07-0855.52%
2020-07-0655.54%
2020-07-0155.56%
2020-06-2955.51%
2020-06-2555.59%
2020-06-2355.58%
2020-06-1955.52%
2020-06-1755.55%
2020-06-1555.56%
2020-06-1155.56%
2020-06-0955.53%
2020-06-0555.58%
2020-06-0355.57%
2020-06-0155.54%
2020-05-2855.56%
2020-05-2655.56%
2020-05-2174.11%
2020-05-1974.13%
2020-05-1574.02%
2020-05-1374.06%
2020-05-1174.08%
2020-05-0774.06%
2020-05-0574.10%
2020-05-0174.08%
2020-04-2974.06%
2020-04-2774.11%
2020-04-2374.12%
2020-04-2174.16%
2020-04-1774.04%
2020-04-1574.15%
2020-04-1374.09%
2020-04-0874.06%
2020-04-0674.05%
2020-04-0246.17%
2020-03-3146.32%
2020-03-2746.36%
2020-03-2546.30%
2020-03-2346.33%
2020-03-1946.20%
2020-03-1746.26%
2020-03-1346.30%
2020-03-1146.25%
2020-03-0946.27%
2020-03-0546.29%
2020-03-0346.31%
2020-02-2846.32%
2020-02-2646.29%
2020-02-2446.29%
2020-02-2057.88%
2020-02-1846.32%
2020-02-1346.30%
2020-02-1146.29%
2020-02-0746.30%
2020-02-0546.31%
2020-02-0346.32%
2020-01-3046.30%
2020-01-2846.28%
2020-01-2445.24%
2020-01-2245.27%
2020-01-1745.24%
2020-01-1545.24%
2020-01-1345.26%
2020-01-0945.24%
2020-01-0745.25%
2020-01-0345.26%
2019-12-3145.25%
2019-12-2745.24%
2019-12-2445.23%
2019-12-2045.25%
2019-12-1845.26%
2019-12-1645.24%
2019-12-1245.25%
2019-12-1045.23%
2019-12-0645.25%
2019-12-0445.26%
2019-12-0245.27%
2019-11-2745.25%
2019-11-2545.26%
2019-11-2145.23%
2019-11-1945.27%
2019-11-1545.26%
2019-11-1345.26%
2019-11-1145.26%
2019-11-0745.24%
2019-11-0545.25%
2019-11-0145.26%
2019-10-3045.27%
2019-10-2845.27%
2019-10-2445.24%
2019-10-2245.26%
2019-10-1845.24%
2019-10-1645.25%
2019-10-1445.24%
2019-10-1045.23%
2019-10-0845.25%
2019-10-0445.26%
2019-10-0245.27%
2019-09-3045.25%
2019-09-2645.23%
2019-09-2447.04%
2019-09-2047.08%
2019-09-1847.05%
2019-09-1647.06%
2019-09-1247.08%
2019-09-1047.04%
2019-09-0647.07%
2019-09-0447.07%
2019-08-3047.05%
2019-08-2847.05%
2019-08-2647.06%
2019-08-2258.83%
2019-08-2047.06%
2019-08-1647.05%
2019-08-1447.06%
2019-08-1247.07%
2019-08-0847.06%
2019-08-0647.05%
2019-08-0247.04%
2019-07-3147.05%
2019-07-2947.05%
2019-07-2547.06%
2019-07-2347.06%
2019-07-1947.06%
2019-07-1747.06%
2019-07-1547.07%
2019-07-1147.04%
2019-07-0947.04%
2019-07-0547.07%
2019-07-0247.07%
2019-06-2847.05%
2019-06-2647.07%
2019-06-2447.04%
2019-06-2045.66%
2019-06-1845.67%
2019-06-1445.67%
2019-06-1245.66%
2019-06-1045.66%
2019-06-0645.66%
2019-06-0445.68%
2019-05-3145.67%
2019-05-2945.66%
2019-05-2445.65%
2019-05-2245.68%
2019-05-2045.67%
2019-05-1645.65%
2019-05-1445.67%
2019-05-1045.68%
2019-05-0845.65%
2019-05-0645.65%
2019-05-0245.65%
2019-04-3045.68%
2019-04-2645.64%
2019-04-2445.67%
2019-04-2245.68%
2019-04-1745.65%
2019-04-1545.66%
2019-04-1145.66%
2019-04-0945.66%
2019-04-0545.03%
2019-04-0345.05%
2019-04-0145.03%
2019-03-2845.05%
2019-03-2645.06%
2019-03-2245.05%
2019-03-2045.04%
2019-03-1845.06%
2019-03-1445.05%
2019-03-1245.06%
2019-03-0845.04%
2019-03-0645.06%
2019-03-0445.05%
2019-02-2845.05%
2019-02-2645.05%
2019-02-2245.05%
2019-02-2043.90%
2019-02-1543.90%
2019-02-1343.92%
2019-02-1143.93%
2019-02-0743.92%
2019-02-0543.92%
2019-02-0143.93%
2019-01-3043.90%
2019-01-2843.91%
2019-01-2443.42%
2019-01-2243.42%
2019-01-1743.41%
2019-01-1543.44%
2019-01-1143.43%
2019-01-0943.43%
2019-01-0743.44%
2019-01-0343.43%
2018-12-3143.43%
2018-12-2743.43%
2018-12-2443.42%
2018-12-2043.43%
2018-12-1843.43%
2018-12-1443.44%
2018-12-1243.44%
2018-12-1043.43%
2018-12-0643.44%
2018-12-0343.42%
2018-11-2943.44%
2018-11-2743.44%
2018-11-2343.43%
2018-11-2042.33%
2018-11-1642.30%
2018-11-1442.30%
2018-11-1242.33%
2018-11-0842.30%
2018-11-0642.31%
2018-11-0242.31%
2018-10-3142.31%
2018-10-2942.31%
2018-10-2542.32%
2018-10-2342.33%
2018-10-1942.33%
2018-10-1742.32%
2018-10-1542.33%
2018-10-1142.30%
2018-10-0942.32%
2018-10-0542.31%
2018-10-0342.33%
2018-10-0142.31%
2018-09-2742.33%
2018-09-2548.58%
2018-09-2148.60%
2018-09-1948.58%
2018-09-1748.60%
2018-09-1348.61%
2018-09-1148.59%
2018-09-0748.59%
2018-09-0548.60%
2018-08-3148.60%
2018-08-2948.61%
2018-08-2748.59%
2018-08-2348.59%
2018-08-2146.05%
2018-08-1746.03%
2018-08-1546.03%
2018-08-1346.05%
2018-08-0946.05%
2018-08-0746.04%
2018-08-0346.03%
2018-08-0146.03%
2018-07-3046.03%

Showing the most recent 260 of 1,752 data points. The chart above shows the full history.

About Carnival Corporation & plc

Carnival Corporation & plc operates as a prominent global entity in the leisure travel sector. Its extensive fleet of vessels navigates to nearly 700 different ports globally, sailing under a diverse portfolio of acclaimed brands such as Carnival Cruise Line, Princess Cruises, Holland America Line, P&O Cruises (Australia), Seabourn, Costa Cruises, AIDA Cruises, P&O Cruises (UK), and Cunard. Beyond its core cruise operations, the company also provides port services and other related offerings. Its holdings include and it manages hotels, lodges, unique glass-domed railcars, and motor coaches. Customers primarily book their cruises through a network of travel agencies, tour operators, vacation planners, and direct online channels. The corporation maintains a broad international presence, with operations spanning the United States, Canada, continental Europe, the United Kingdom, Australia, New Zealand, Asia, and other global markets. It commands a significant fleet of 87 ships, collectively providing capacity for 223,000 passengers in lower berths. Carnival Corporation & plc was established in 1972 and has its headquarters situated in Miami, Florida.

Miami, FL
160,000 employees
Consumer Cyclical / Leisure
Sector
Consumer Cyclical
Industry
Leisure
CEO
Joshua Ian Weinstein