Earn benefits for owning your favorite cruise line’s stock!
Many cruisers I speak to have no clue that the major cruise lines often offer some sort of benefit for being a shareholder of the cruise line’s stock. Carnival Corporation & PLC offers up to $250 of Onboard Credit just for being a shareholder!
“How much will this cost me?” is always the first question I receive when I tell cruisers about the benefit. For Carnival, you only need to hold 100 shares of the company’s stock in order to qualify. At the time of this writing, the current price of $21.02/share ($CCL Live Ticker), would cost new investors just over $2,100.
Of course, the cost of shares fluctuate based on how the stock performs. I bought in at $45/share ($4,500). So, if you purchase 100 shares today, you do so at a significant savings to what I spent, but you get the same benefits!
What do I get for my investment?
In addition to the possible gains (or losses*) you receive as a shareholder, Carnival provides the following benefits to shareholders:
As you can see from the table above, the longer your cruise, the more you stand to gain from your Shareholder Benefit! For my Panama Canal sailing in 2019, I received the full OBC of $250, however, the majority of my sailings are 7 days which earns me the $100 OBC. This is enough to cover gratuities onboard at the current rate of $13.99/day ($97.93)**.
Prior to the pandemic, Carnival also had a healthy dividend payout of $.50/share. That meant that each quarter, investors who held 100 shares received another $50 – or $200/year! The dividend has been suspended indefinitely.
How do I get the credit?
For years, the only option cruisers had to request the credit was to FAX a request, with proof of share ownership, to Carnival corporation. Thankfully, Carnival added an option to email Shareholder Services/Guest Admin. This makes the process so much easier.
To request your shareholder credit, you simply email shareholders@carnival.com a minimum of 3 weeks prior to your sail date with the following information:
Booking Number (6-digit booking ID used to access your sailing)
Ship
Embarkation date (first day of your cruise)
Port of Embarkation (where you’re sailing from)
Shareholder name
Additionally, you are required to attach a “recent investor statement” that proves share ownership. How recent that is depends on the human processing your request. I’ve used the same statement for cruises as far out as 5 months. At other times, I’ve been asked to resubmit a statement that’s 60 days prior to the sail date.
When requesting your credit, save a copy of your most current statement and include that with your request
The investor statement must include your full name and that name must match the name on the reservation
Redact any personal information (account numbers, information about other shares you hold, etc.) before sending your statement to Carnival
And if you’re just dying to find a use for that old fax machine that’s collecting dust, you can fax all of this information to Carnival at: 305-406-6102. I recommend including a cover letter that contains the information above and then a copy of your redacted statement that includes proof of ownership.
Is it worth the cost?
I’ve used the Shareholder credit on all of my cruises since 2015 and I’ve earned $2,900 in OBC. Additionally, when Carnival was paying out a healthy dividend, I earned over $1,000 in that same time period. So my $4,500 investment has paid for itself over the years! Of course, as I always say, your mileage may vary.
Fine Print and Disclaimers:
There are some Carnival fine print and some disclaimers:
Only one OBC is allowed per stateroom. So if you’re sailing with another person who has 100 shares of $CCL stock, only one onboard credit will be applied
Employees, travel agents cruising at travel agent rates, tour conductors or anyone cruising on a reduced-rate or complimentary basis are excluded from this offer (sorry Casino Rate Offers!)
Benefit cannot be exchanged for cash, nor can it be used for casino credits or charges
Reservations must be made by February 28, 2022 to qualify for the current Shareholder Benefit program
**Carnival states that the benefit cannot be used toward gratuities, however, we’ve used our OBC this way for nearly 30 sailings
*As with any stock purchase or investment, there is market risk. You could lose money with the investment. Additionally, as you buy/sell stock, there could be tax implications. Nothing on this page should be used to make an investment or tax decision and I retain zero liability for any decisions you may make
Carnival gets strict.
In late 2021, Carnival started to become much more strict with their Shareholder Credit program. In fact, my credit was denied for a sailing because I booked it using my VIFP number! I sent multiple emails to which I continued to be denied. I eventually called Carnival, waited on hold for an hour, and was told the same thing. I pushed back and said to the agent: “So what you’re saying is that no one who has ever sailed on a Carnival cruise can be a stockholder? You’re actually penalizing brand-loyal customers?” It was at this point the agent made the connection to what I was explaining and the rule. She called Shareholder Services/Guest Admin and the OBC was added to my account within minutes.
Carnival’s Shareholder Benefit program is included as part of Carnival Corp’s Annual Report if you’d like to learn more. You can also access the benefit information from Carnival’s Shareholder Information page.
What are the benefits of holding Carnival cruise shares? Anyone that owns 100 shares or more of the Carnival Corporation can enjoy an amount of onboard credit on their next cruise, up to $250 on sailings on cruise lines operating out of the US.
What are the benefits of holding Carnival cruise shares? Anyone that owns 100 shares or more of the Carnival Corporation can enjoy an amount of onboard credit on their next cruise, up to $250 on sailings on cruise lines operating out of the US.
Shareholder perks can include offering products and services, or discounts, to investors that are currently invested in the stock. While most investors are focused on the financial benefits of owning a stock, like its price increase or being paid a dividend, other investors look for companies they relate to.
Owners of Royal Caribbean stock do not get a direct discount on their cruise fares. Instead, stockholders are able to claim onboard credit for their cruise, which varies depending on the length of the sailing. This could qualify as a discount if it saves you spending your own money on-board.
Princess® is pleased to offer a special Carnival Corporation shareholder onboard spending money program. This program is available to shareholders holding a minimum of 100 shares of Carnival Corporation or Carnival plc. * This benefit is applicable on all published sailings.
To request your shareholder credit, you simply email shareholders@carnival.com a minimum of 3 weeks prior to your sail date with the following information: Booking Number (6-digit booking ID used to access your sailing) Ship. Embarkation date (first day of your cruise)
Many companies pay cash to shareholders in the form of a dividend. Shareholders receive a dividend per each share they own, usually paid once or twice a year. This money flows from profits made by the company.
The right to receive dividends from company profits. The right to receive company reports (but not all financials), vote and attend general meetings. Whether their stock can be exchanged for money. Voting in exceptional circ*mstances.
When a stockholder purchases shares in a company, they can benefit in two important ways: Receiving dividends from the shares and a portion of the company's profits.
A shareholder-level discount or premium is one that affects only a defined group of shareholders rather than the whole company. As with discounts for lack of marketability, other shareholder-level discounts should be applied to the net amount after entity-level discount, if any.
Spot a better price on your booked cruise? Our Best Price Guarantee lets you take advantage of a better price within 48 hours from the time you booked— just give us a call. You'll receive the difference as a non-refundable onboard credit inside final payment or rate adjustment outside final payment.
Along with Royal Caribbean Cruises Ltd. (NYSE:RCL), The Walt Disney Company (NYSE:DIS), and Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH), Lindblad Expeditions Holdings, Inc.(NASDAQ:LIND) is one of the best cruise company stocks.
Largest shareholders include Vanguard Group Inc, BlackRock Inc., Public Investment Fund, Truist Financial Corp, State Street Corp, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, VIMSX - Vanguard Mid-Cap Index Fund Investor Shares, VFINX - Vanguard 500 Index Fund Investor Shares, Geode Capital ...
Historical dividend payout and yield for Carnival (CCL) since 1991. The current TTM dividend payout for Carnival (CCL) as of June 15, 2023 is $0.00. The current dividend yield for Carnival as of June 15, 2023 is 0.00%. Carnival Corporation operates as a cruise and vacation company.
You must own at least 100 shares of Norwegian for two months (or more) before you apply for the shareholder benefit. The shares have to be held by the person who is applying.
CCL Industries's upcoming ex-dividend date is on Jun 14, 2023. CCL Industries shareholders who own TSE:CCL. B stock before this date will receive CCL Industries's next dividend payment of C$0.26 per share on Jun 29, 2023.
You can use onboard credit at the casino; however, you can only cash out your winnings. There is also a 3% fee for withdrawing funds at a table game, but there isn't a fee to withdraw at a slot machine.
Onboard credit is applied on a per stateroom basis, double occupancy. Only one shareholder credit per stateroom on any one sailing. If shares are held jointly, 100 shares are required for each onboard credit request on any one sailing.
Typically, shareholders of U.S. based stocks can expect a dividend payment quarterly, though companies pay monthly or even semi-annually. There's no requirement for how often dividends are paid, so it's up to each company.
Profits made by limited by shares companies are often distributed to their members (shareholders) in the form of cash dividend payments. Dividends are issued to all members whose shares provide dividend rights, which most do.
Three characteristic benefits are typically granted to owners of ordinary shares: voting rights, gains, and limited liability. Common stock, through capital gains and ordinary dividends, has proven to be a great source of returns for investors, on average and over time.
Shareholder value is the value given to stockholders in a company based on the firm's ability to sustain and grow profits over time. Increasing shareholder value also increases the total amount in the stockholders' equity section of the balance sheet. A well-managed firm maximizes the use of its assets.
Bata sends its shareholders every year a special discount coupon of 20% discount. Ugar Sugar sends 1Kg sugar with its Annual Report every year. Restaurant Brand Asia gives its shareholders a special 50% discount coupon. Indian Hotels Company Ltd provides it's shareholders 25% discount on Hotel services.
Having a majority holding of 75% or more of the shares in a company evidently puts that shareholder in a stronger position as they can pass special resolutions. In the eyes of company law, this is an important threshold to attain.
(A 2-percent shareholder is someone who owns more than 2 percent of the outstanding stock of the corporation or stock possessing more than 2 percent of the total combined voting power of all stock of the corporation.)
So the 3-1-1 rule is the TSA's quick reminder: 3 ounces, 1 quart bag and 1 bag per traveler. Note that food items, such as peanut butter, sauces or beverages need to fit within this 1 bag and larger items will be confiscated and discarded.
The best cruise deals can often be found as soon as Royal Caribbean releases new itineraries, but it's not unheard of to find fantastic last-minute cruise deals. Royal Caribbean will sometimes lower a cruise fare closer to the sail date if demand is low, leading to low prices for those who can sail at the last minute.
The more equities you hold in your portfolio, the lower your unsystematic risk exposure. A portfolio of 10 or more stocks, particularly those across various sectors or industries, is much less risky than a portfolio of only two stocks.
Historical daily share price chart and data for Royal Caribbean Cruises since 1993 adjusted for splits. The latest closing stock price for Royal Caribbean Cruises as of June 16, 2023 is 95.30. The all-time high Royal Caribbean Cruises stock closing price was 133.47 on January 17, 2020.
While there is no actual limit to the amount of shares you can purchase in a company, it's possible that there will be rules or restrictions that may interfere with your ability to buy as many shares as you want.
The largest cruise line in the world is Mediterranean Shipping Company (MSC), with a revenue of $22.86 billion. As of 2022, the global cruise line industry has a market size of $7.67 billion.
Both gross profit and EBITDA margins are profoundly depressed due to inflationary pressures, and the company is losing cash at a very fast pace. The company is taking too much debt and interest expenses are skyrocketing amidst recessionary concerns. Share dilution has damaged shareholders permanently.
Covid-19 shut the industry for the best part of two years, leaving the Big Three — Carnival Corp, Royal Caribbean Group and Norwegian Cruise Line Holdings — under an unprecedented pile of debt that they will be paying down for years. Carnival is $35bn in the hole, Royal Caribbean owes $24bn and Norwegian owes $13.4bn.
Out of 11 analysts, 6 (54.55%) are recommending CCL as a Strong Buy, 2 (18.18%) are recommending CCL as a Buy, 1 (9.09%) are recommending CCL as a Hold, 0 (0%) are recommending CCL as a Sell, and 2 (18.18%) are recommending CCL as a Strong Sell. If you're new to stock investing, here's how to buy Carnival stock.
In order to claim your Carnival shareholder benefits for a Princess cruise, you need to provide a number of details either to the cruise line, and you have to do so no later than four weeks before you sail. The details you need to provide are: Your legal name. Your booking number.
What are the benefits of holding Carnival cruise shares? Anyone that owns 100 shares or more of the Carnival Corporation can enjoy an amount of onboard credit on their next cruise, up to $250 on sailings on cruise lines operating out of the US.
The company is taking too much debt and interest expenses are skyrocketing amidst recessionary concerns. Share dilution has damaged shareholders permanently.
Dividends are a way for companies to distribute profits to their shareholders, but not all companies pay dividends. Some companies may decide to retain their earnings to re-invest for growth opportunities instead.
If you buy in at a particularly low-cost time, you can get 100 stocks in Carnival Corp. for less than $2,000. When prices are closer to the average, you may be investing $4,000 to $5,000, and when prices are particularly high, the price of 100 stocks could be over $6,000.
Given its recovering revenue levels, Carnival should survive. Nonetheless, its ability for near-term prosperity appears seriously in doubt. As significant portions of the debt mature in 2026 and beyond, Carnival could find itself in a deeper debt trap.
Although Carnival's long-term debt since 2019 grew more than Royal Caribbean's, Carnival has a better (lower) D/E ratio. That means, when compared to shareholder equity, Carnival's liabilities represent a smaller percentage. And with more appealing P/S and P/B ratios, Carnival is today's better buy.
The intrinsic value of one CCL stock under the Base Case scenario is 21.05 USD. Compared to the current market price of 15.8 USD, Carnival Corp is Undervalued by 25%. What is intrinsic value?
Introduction: My name is Kimberely Baumbach CPA, I am a gorgeous, bright, charming, encouraging, zealous, lively, good person who loves writing and wants to share my knowledge and understanding with you.
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