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Carnival sets dividend exchange rate

02 December 2016 14:26

Carnival Corporation & plc has confirmed the exchange rate for its quarterly cash dividend of $0.35 per share announced on 20 October.

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 25 November.

Dividends payable in sterling will be converted from US dollars at the exchange rate quoted by the Bank of England in London at noon on 1 December (US$1 = 79.22047 pence).

Accordingly, the dividend payable in sterling on 16 December will be 27.72716 pence per share.

At 2:26pm: (LON:CCL) Carnival PLC share price was -40p at 3885p

Story provided by StockMarketWire.com

Related Company: CCL

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