Carnival Stock

[thinfool]

I would like to start purchasing Carnival stock. My plan is to buy 1 share of stock per week so that I can hit my 100 shares in 2 years. Is this a good plan or should I save my money until I can buy 10 shares at a time? Also, this would be my first stock purchase, so where do I go or who do I talk to to purchase the stock. Thanks in advance for any advice given:)

 

If you buy 1 share at a time at an online discount broker, like Etrade or TDAmeritrade, then 100 shares will cost you $695. in brokerage fees, plus the cost of the CCL stock (currently in the $39./share range).

 

If you buy 100 shares all at once at an online discount broker, like Etrade or TDAmeritrade, then 100 shares will cost you $6.95 in brokerage fees, plus the cost of the CCL stock (currently in the $39./share range).

 

CCL also has it's own DRIP program, described at http://www.carnivalcorp.com.

[thinfool]

Mind you, the OBC is can not be combined with any other discounts

 

 

Totally untrue for CCL.

 

You may have in mind your RCL stock...it has limitations that you describe.

[Cruise-Crazy]

You don't mean that if you & your spouse and sis & her hubby are on the same cruise that you can get the OBC for both cabins, do you?

 

The stock needs to be in the name of the person requesting the OBC. If there are two names on the account you would need 200 shares.

[JustCruiseMe]

This isn't true. I have gotten the OBC and there is only 100 shares between my sister and I. Have we both gotten it at the same time? No but I read the shareholder benefit and it doesn't say that. It says there has to be two staterooms. Two in the same stateroom can't each receive 100.00 OBC no matter if you own 1000 shares. It's per stateroom NOT per person.

 

I could be wrong but I don't think so. Owning 200 shares isn't going to get you two 100 credits for 2 people any more than owning 100 shares by two people.

 

When two people own the same stock they own it equally, not 50/50. They both own 100%.

 

Yep just checked it, I was right.

This benefit is available to shareholders holding a minimum of 100 shares of Carnival Corporation or Carnival plc. 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. This benefit is not transferable, cannot be exchanged for cash and, cannot be used for casino credits/charges and gratuities charged to your onboard account. Only one onboard credit per shareholder-occupied stateroom. Reservations must be made by February 28, 2015. Please

 

Which means if there are two shareholders on the same account they must occupy two staterooms. It no where no how says anything about 100 shares per person shareholders.

 

Besides this fact if both names are on the stocks and one requests it under there name and then another requests under the other name there is no way for Carnvial cruise line reservations to cross reference it. They don't have access to out private stock account.

Edited March 12, 2014 by JustCruiseMe

[snc_cam]

Yep, I asked the same question to Carnival a few weeks ago... It is per stateroom for the shareholders :) So, if two shareholders, you can book 2 cabins and each would get the OBC.

[Sparky2]

This isn't true. I have gotten the OBC and there is only 100 shares between my sister and I. Have we both gotten it at the same time? No but I read the shareholder benefit and it doesn't say that. It says there has to be two staterooms. Two in the same stateroom can't each receive 100.00 OBC no matter if you own 1000 shares. It's per stateroom NOT per person.

 

I could be wrong but I don't think so. Owning 200 shares isn't going to get you two 100 credits for 2 people any more than owning 100 shares by two people.

 

When two people own the same stock they own it equally, not 50/50. They both own 100%.

 

Yep just checked it, I was right.

This benefit is available to shareholders holding a minimum of 100 shares of Carnival Corporation or Carnival plc. 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. This benefit is not transferable, cannot be exchanged for cash and, cannot be used for casino credits/charges and gratuities charged to your onboard account. Only one onboard credit per shareholder-occupied stateroom. Reservations must be made by February 28, 2015. Please

 

Which means if there are two shareholders on the same account they must occupy two staterooms. It no where no how says anything about 100 shares per person shareholders.

 

Besides this fact if both names are on the stocks and one requests it under there name and then another requests under the other name there is no way for Carnvial cruise line reservations to cross reference it. They don't have access to out private stock account.

 

That's amazing that 100 shares of stock owned jointly can get you obc for 2 cabins.

[ScottsSweetie]

Question for you CCL stockholders - is the $100 OBC for a 7 day cruise? Is OBC given on a sliding basis for 3-day, 4-day, 5-day or longer than 7 days?

[snc_cam]

Sweetie. $50 1-6 days, $100 7-13 days, $250 14+ days

 

Steve

[JustCruiseMe]

That's amazing that 100 shares of stock owned jointly can get you obc for 2 cabins.

Well if you think about it, it makes no difference than the two of us crusing separately. Most people won't share their stock accounts, that's why I don't think it's that popular.

[Waterloomarc]

Before ING Direct was bought out for Capital One (and became Capital One 360) they owned/operated an entity called Sharebuilder. I never used it but as a savings account holder I got numerous emails! IIRC their raison d'être was to allow people to do just as OP was wanting: buy shares a little at a time. OP I would suggest looking into something like this because, as mentioned, commissions will kill you otherwise. The benefit to something like the Sharebuilder program (and I would think there's others out the that do the same) is that it allows you to buy overtime without the onerous commissions and allows you to take advantage of dollar-cost averaging rather than HOPING to buy low or on a dip. (A statistically very difficult task)

 

But anyway this is about the worst place to get investment advice. I will say that I do own more than enough for the OBC and I'm ok.

 

I use Fidelity btw. $7.95 for most trades.

 

 

Sent from my iPhone using Tapatalk

Edited March 12, 2014 by Waterloomarc

[retiring soon]

HI all!

 

I sold my RCi because of the non combinability & bought CCL. Made enough on the former to pay for the latter.

 

My question is do you know when the next dividend is going to be paid?

Thanks for any help.

 

~ Jo ~:)

[asylum575]

No sure the "the OBC is can not be combined with any other discounts" part. I always use my stock OBC with other OBCs without any issue.

 

It is great that RCCL is up over 40%. But it does not mean CCL is bad. It is just not as good. For the record, I purchased CCL three times within the last year, for investment purpose. My paper gains are 20%, 5%, -1.5%, plus 2.5% dividend.

 

This is from CCL's Investor relations PDF

 

This benefit is available to shareholders holding a minimum of 100 shares of Carnival Corporation or Carnival plc. 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. This benefit is not transferable, cannot be exchanged for cash and, cannot be used for casino credits/charges and gratuities charged to your onboard account. Only one onboard credit per shareholder-occupied stateroom. Reservations must be made by February 28, 2015

That date also has me wondering if they are going to cancel the OBC.

Now, we are one of the lucky winners from another thread. According to the above, we're not eligible.

Edited March 13, 2014 by asylum575

[asylum575]

Here's the link

 

http://phx.corporate-ir.net/phoenix.zhtml?c=140690&p=irol-sharebenefit

[asylum575]

Totally untrue for CCL.

 

You may have in mind your RCL stock...it has limitations that you describe.

 

 

You're right. I couldn't use the shareholder OBC because I took a Crown and Anchor balcony discount. It's one or the other, I took the bigger of the two.

[Rod in Az]

HI all!

 

My question is do you know when the next dividend is going to be paid?

 

Thanks for any help.

 

~ Jo ~:)

 

Jo,

 

The ex-dividend date for the stock was February 19. If you owned the stock on that date, your dividend ($0.25 per share) will be paid on March 14th.

 

If the stock was purchased after that date, the next dividend date, if one is approved (I have not had a dividend date pass without one being paid), should be about the same day in June.

 

Hope that helps....

[thinfool]

This is from CCL's Investor relations PDF

 

This benefit is available to shareholders holding a minimum of 100 shares of Carnival Corporation or Carnival plc. 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. This benefit is not transferable, cannot be exchanged for cash and, cannot be used for casino credits/charges and gratuities charged to your onboard account. Only one onboard credit per shareholder-occupied stateroom. Reservations must be made by February 28, 2015

That date also has me wondering if they are going to cancel the OBC.

Now, we are one of the lucky winners from another thread. According to the above, we're not eligible.

 

Not eligible? Are you an employee or a travel agent using your TA benefits?

 

This does not mean that, if you had a nice discount or perk from your travel professional that you cannot receive the shareholder credit. The credit applies, basically, to all retail customers....even if you are booked in a group, receiving group rates.

 

 

Further research would reveal that the February booking date appears every year....well, for at least the last 11 years that I have been aware of it. The annual renewal date allows CCL to stop it without a vote, if deemed necessary.

 

CCL knows that the shareholder and military OBC credits that are available are a powerful driver for loyalty and bookings. IMO, the shareholder credit isn't going away anytime soon.....likely never.

[guxu]

This is from CCL's Investor relations PDF

 

 

This benefit is available to shareholders holding a minimum of 100 shares of Carnival Corporation or Carnival plc. 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. This benefit is not transferable, cannot be exchanged for cash and, cannot be used for casino credits/charges and gratuities charged to your onboard account. Only one onboard credit per shareholder-occupied stateroom. Reservations must be made by February 28, 2015

 

That date also has me wondering if they are going to cancel the OBC.

Now, we are one of the lucky winners from another thread. According to the above, we're not eligible.

Are you saying you have to book full retail rate to get shareholder OBC? If so, you are wrong.

 

According to CC, the OBC was cancelled once in last 20 years.

[asylum575]

Maybe I'm reading it wrong.

As I read it after it refers to travel agents and employees it reads"or anyone receiving a discounted or complimentary". So say you get a free casino cruise, you can't get the OBC.

That's how RCCL does it. I'm just trying to understand how CCL does it.

 

 

Sent from my iPhone using Forums

[guxu]

I never receiced free cruise offer, so I do not know. But I never booked full brochure price either. And I got OBC every time.

 

One Christmas, I got a personal deep discount offer (had to log in to see the price) from Princess. I got sharehold OBC on that cruise too.

[retiring soon]

HI all!

 

Thanks Rod in Az, that does help!:D Great that it's payable tomorrow as I want to take the cash out of my account to pay for my next cruise.

 

Do you know if I can send one OBC request for both my Carnival & HAL cruise please?

 

~ Jo ~ :)

[gtaylor]

CCL stock is floating around $40/share with a dividend of 2.58%

That's about $100 annually in dividends, so if you cruise once a year, you earn the same as the dividend

Mind you, the OBC is can not be combined with any other discounts

 

I bought RCCL when it dipped because of the CCL bad press

 

CCL is still lagging since, RCCL is up over 40%

 

 

Sent from my iPhone using Forums

 

The dividend yield on a stock depends entirely on the price that you paid for it.

 

Carnival has dependably paid a dividend of $1/year for a while (with a special $.50 dividend in 2012). If you own 100 shares, then you get $100 in dividends no matter what you paid for the stock.

 

We cruised on the Splendor a few days after the Concordia disaster. I explained to friends cruising with us the benefits of our Carnival stock ownership, and a couple of weeks after he got home he purchased 100 shares at $30 and change. His yield is a very nice 3.3%, even though he gets the same $100/year dividend as someone buying it today and getting the 2.58% yield.

 

Carnival stock is up about 28% from those days, plus paying the dividend and the additional bonus of $100 OBC per cruise.

 

We got in three Carnival cruises last year. Only one (so far) this year.

 

We look at the stock as a great investment both ways.

 

gary

[Rod in Az]

HI all!

 

Thanks Rod in Az, that does help!:D Great that it's payable tomorrow as I want to take the cash out of my account to pay for my next cruise.

 

Do you know if I can send one OBC request for both my Carnival & HAL cruise please?

 

~ Jo ~ :)

 

Jo,

 

You are welcome.

 

I do not know the process for the other Carnival Brands, so hopefully someone else can help out with that.

 

Rod

[gtaylor]

HI all!

 

Thanks Rod in Az, that does help!:D Great that it's payable tomorrow as I want to take the cash out of my account to pay for my next cruise.

 

Do you know if I can send one OBC request for both my Carnival & HAL cruise please?

 

~ Jo ~ :)

 

I doubt it.

 

We had to send separate requests for credit for December and January cruises on the Splendor. Can't imagine it would cross cruise lines, but good luck.

 

gary

[thinfool]

Do you know if I can send one OBC request for both my Carnival & HAL cruise please?

 

~ Jo ~ :)

 

Hi....the short answer is no. There is a whole page of addresses for the cruise lines under the CCL umbrella that are to be used to request the shareholder benefit. http://www.carnivalcorp.com

 

The Carnival request will go to an address in Miami. HAL goes to Seattle.

[retiring soon]

HI all!

 

Thank you very much for your prompt replies & thank you thinfool, for the link.

 

Have a nice day.

 

~ Jo ~ :)