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

We recently published 10 Big Names Already Crushing This February. Carnival Corporation & PLC (NYSE:CCL) was one of the top performers on Monday.

Carnival Corp. soared by 8.09 percent on Monday to nearly touch its 52-week high, as investors increased their positions ahead of a dividend payment while digesting an optimistic outlook for the cruise sector this year.

Common shareholders as of February 13 record are set to receive $0.15 worth of dividends for every unit they own on Feb. 27, 2026.

“This decision highlights confidence in our future performance and continued commitment to delivering value to shareholders,” Carnival Corporation & PLC (NYSE:CCL) CFO David Bernstein said earlier.

Meanwhile, the strong earnings performance and highly optimistic outlook from its competitor, Royal Caribbean Group, continued to spill over to Carnival Corporation & plc (NYSE:CCL) and its peers.

Last week, Royal Caribbean said that it grew its attributable net income 48 percent to $4.27 billion in full-year 2025, with revenues of $17.9 billion, or 8.5 percent higher year-on-year. Investors took the robust figures as a cue about how the cruise industry performed during the quarter.

Meanwhile, Carnival Corporation & PLC (NYSE:CCL) told the Securities and Exchange Commission that it is set to unify its two companies into one, alongside their listed shares on the London and New York Stock Exchanges.

It would make Carnival Corp. the main company and have Carnival PLC become a wholly-owned subsidiary, which would then create one single stock for all shareholders.

The firm’s shares are currently traded under the ticker symbols CCL and CUK.

It expects to secure shareholder approval for the plan on April 17, 2026.

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READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.