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Carnival sets dividend exchange rate

02 September 2016 14:38

Carnival Corporation & plc has set the exchange rate for the quarterly dividend of $0.35 per share announced on 14 July.

The dividend is payable on 16 September to shareholders of record on 26 August.

Holders of Carnival Corporation common stock or Carnival plc ADSs will receive a dividend payable in US dollars.

The dividend for Carnival plc ordinary shares will be payable in sterling unless shareholders elected to receive the dividend in US dollars by 26 August.

Dividends payable in sterling will be converted from US dollars at the exchange rate quoted by the Bank of England in London at 12 noon on 1 September (US$1 = 75.49449 pence). Accordingly, the dividend payable in sterling, will be 26.42307 pence per share.

At 2:38pm: (LON:CCL) Carnival PLC share price was -156p at 3510p

Story provided by StockMarketWire.com

Related Company: CCL

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