This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

10 Dividend Stocks Increasing Payouts


Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Carnival (CCL)

Company Profile : Miami-based Carnival is a cruise and vacation company, which has a portfolio of recognized cruise brands and a provider of cruises to all main vacation destinations.

On Jan. 20, Carnival announced a 150% spike to its quarterly cash dividend, to 25 cents per share, from 10 cents per share.

The higher dividend will be paid on March 11 to shareholders of record on Feb. 18. That will bring Carnival's yield to around 2.2%.

"Considering the current economic climate, our ability to more than double our dividend just a year after its reinstatement is a remarkable testament to the resilience of our global cruise brands and our confidence in the future of our business," said CEO Micky Arison. "Given our projected increase in cash from operations, expected to exceed $4 billion in 2011, combined with lower capital investment commitments due to the slower pace of our newbuild program, the company will begin generating significant free cash flow in 2011 and beyond," he added.

Earlier in January analysts at Credit Suisse raised their price target on Carnival to $47.20, from $42, citing solid fourth-quarter results. The firm, which maintained a neutral rating on the stock, also noted that trading momentum is building for Carnival.

Analysts at Deutsche Bank upgraded Carnival to buy from hold, maintaining a $57.50 price target.

In late December analysts at Citigroup increased their price target on Carnival to $56. The company should see improving pricing power, Citigroup said, giving the cruise ship operator a buy rating.

The favorable broker actions followed Carnival's better-than-expected quarterly report in which it grew profits 28.5% year-over-year and forecast a 3% to 4% increase in constant dollar net revenue yields for the full year 2011.
5 of 11

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
ABM $29.85 0.37%
APD $138.35 -0.80%
CUK $52.37 1.57%
JNJ $102.00 -0.04%
MRK $53.72 0.46%


Chart of I:DJI
DOW 17,813.39 +1.20 0.01%
S&P 500 2,088.87 -0.27 -0.01%
NASDAQ 5,116.1430 +13.3350 0.26%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs