NEW YORK (
) -- The ex-dividend date for
) is tomorrow, August 24, 2011. Owners of shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $29.63 as of 9:42 a.m. ET, the dividend yield is 3.3%.
The average volume for Carnival has been 5.6 million shares per day over the past 30 days. Carnival has a market cap of $18.3 billion and is part of the
industry. Shares are down 36% year to date as of the close of trading on Monday.
Carnival Corporation operates as a cruise and vacation company. The company has a P/E ratio of 12.4, below the average leisure industry P/E ratio of 16 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Carnival as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full