Carnival (CCL) Climbs 8% on Dividend Payment, Upbeat Outlook

Core Viewpoint - Carnival Corporation & PLC (NYSE: CCL) is experiencing a positive market response, with shares rising by 8.09% as investors anticipate a dividend payment and are optimistic about the cruise sector's outlook for the year [1][7]. Group 1: Financial Performance and Outlook - Carnival Corporation is set to pay a dividend of $0.15 per share to common shareholders as of February 13, 2026, on February 27, 2026 [1]. - The positive sentiment surrounding Carnival is influenced by strong earnings from competitor Royal Caribbean Group, which reported a 48% increase in attributable net income to $4.27 billion for the full year 2025, with revenues of $17.9 billion, an 8.5% year-on-year increase [3][4]. Group 2: Corporate Actions - Carnival Corporation plans to unify its two companies into one, with Carnival Corp. becoming the main entity and Carnival PLC as a wholly-owned subsidiary, creating a single stock for all shareholders [4][5]. - The company expects to secure shareholder approval for this unification plan on April 17, 2026 [5].