Carnival/Princess Shareholder

[twinkle toes]

Can someone tell me how you go about becoming a shareholder?

[WestLakeGirl]

You need instructions on how to buy stock? Or what to do to get the credit?

[twinkle toes]

Curious about buying the stock. Do they have their own special program, etc. or is it done just thru the old regular way. I guess I should have been more specific.

[biker1972]

Go to your stock broker or banker if they have a trust department and buy 100 shares. This will cost you $5329.00 plus the commission. (Price as of Friday and could be different Monday.) Ownership will give you from $50 to $250 of on board credit for each cruise depending on the cruise length. If you are only buying the stock for the benefit and don't know much about stocks in general, I would recommend seriously talking to a financial planner before doing anything. To get the same benefit from RCL for their cruises you would pay $8985.00.

[dorisis]

Carnival stock can be purchased the same as any other stock, Stock Broker.

[dorisis]

Stock Broker.

[paul929207]

You can use any stock broker. If you do not have one, any would be happy to help you. You will find there are "Full Service" and "Discount" brokers. As you are not looking for advice for the purchase, I would go with a discount broker. Most will charge you $10 or less. Often the firs trade is free. So there would be no commission.

 

Does a friend or a family member have an account?

[tml1230]

we did it all on-line through scott trade and it was very simple process..think it cost $6…i see many banks offering similar option. Good luck

[skynight]

"Carnival/Princess Shareholder

Can someone tell me how you go about becoming a shareholder"

 

Here is some other information:

 

The stock is Carnival Corp. not Carnival/Princess. The stock code is CCL.

The current stock value is in the area of $56/share and pays an annual dividend of $1.20 or approximately 2% of the current purchase price. You can purchase through any stock broker as mentioned by other posters. If you have an IRA account(s) or 401K you may also be able purchase into those accounts if your plan allows it. I have my CCL stock in an IRA account. The Shareholder Benefit has been going on for years now. The current benefit expires July 31, 2016. Each year in April the BOD has extended this benefit. The benefit is good for the N.Am. brands Carnival Cruise Lines, Princess, HAL, Sebourn, Cunard, Costa plus some European and Australian brands.

Edited August 1, 2015 by sknight

[Colo Cruiser]

Can someone tell me how you go about becoming a shareholder?

 

Just purchase the 100 shares. Its a great program. :)

[DanaPointBob]

Can someone tell me how you go about becoming a shareholder?

 

ETrade is simple to use; however, currently the stock is 20 bucks per share more expensive than it was this time last year. If I were considering the purchase today knowing that, I think my assessment would be that the ship has sailed.

 

Sent from my D2-927G using Forums mobile app

[WatchHill]

You can open a brokerage account online, using one of the discount brokers.

 

My first attempt was to open with Fidelity, but when it came to answering their security questions, the gremlins in their online identity verification program insisted I didn't live in my own house, but in another town - they had DH's business address as our home, duh. To correct this I would have had to make an appointment with a regular broker, not something I wanted to do and incur a much larger fee. So, I logged onto Scottrade, completed the application, same question about place of residence, but with the correct address, one more click and I was able to link my bank transfer of fund to Scottrade. Once the my bank opened, I was contacted their main office to verify the five cent, then one cent transfers, entered that info onto the Scottrade page, and once the market opened, the purchase went through.

 

Since purchase, the value has increased, plus the dividends provide a better %age return than keeping the same amount of $$ in a CD or money market account. In addition, having the OBC's are also a plus. If you look at the purchase like that, there is a financial advantage no matter what the cost per share. Buying stock is akin to a visit to the casino if you are looking for an immediate return; I purchased CCL for long-term benefits.

 

Darcy

Edited August 1, 2015 by WatchHill

[Orlando Vic]

I just submitted the brokerage statement showing my recent purchase of 100 shares of CCL. I scanned the statement and sent it via email to sb@princesscruises.com

 

They accepted this for our October 24th cruise but not for the March cruise to Hawaii. They said to submit a current statement within 90 days of that cruise date. I guess they want to make sure we haven't sold the stock.

[WatchHill]

I mark my desktop calendar for final cruise payment and then a few days later to submit the brokerage statement.

 

With the CCL shareholder's credit, military for DH, FCC OB booking, and any TA perks, they all help to mitigate the final statement damage$. Being able to combine all of them is yet another reason to sail with Princess.

 

Darcy

[I Luv Crusin]

I used eTrade and bought my stock over time. I paid anywhere from $30 to 44.51 per share. The most I bought were 30 shares at just over $36 dollars 2 years ago. This is part of a small Roth account I play with but I won't sell my CCL stock.

 

My first cruise was on Princess 32 years ago and I hope to sail again, probably Northern Europe in a couple years.

[caribill]

I just submitted the brokerage statement showing my recent purchase of 100 shares of CCL. I scanned the statement and sent it via email to sb@princesscruises.com

 

They accepted this for our October 24th cruise but not for the March cruise to Hawaii. They said to submit a current statement within 90 days of that cruise date. I guess they want to make sure we haven't sold the stock.

 

Interesting. A couple of years ago they stopped accepting the OBC request via e-mail. Had to be FAX or snail mail.

[paul929207]

Interesting. A couple of years ago they stopped accepting the OBC request via e-mail. Had to be FAX or snail mail.

That was also my information

[Kenswing]

At $50+ per share I don't know that buying it just to get the OBC is such a great idea. When it was in the low $30's maybe..

 

The stock is trading at an all time high right now.

[SeaMystique]

I sent in my request for OBC last week for our 10/18 cruise to Mexico. The procedure is really simple:: print out the form from Carnival Corp website (not Princess or Carnival Cruise sites), fill it out (takes 2 minutes), and print out the first page of your most recent statement as well as the page that actually shows that you own 100 shares of CCL stock. Then scribble off a cover sheet and fax.

The first time I did this, it was bounced back because I hadn't included the first page of the statement, showing my name and address. Once I included that page, the OBC showed up on my Cruise Personalizer page about 4 hours later.

This is a great program, especially if you're going on a longer cruise. When we did our 17 day Panama Canal cruise, the stock "paid" for our Ultimate Ship's Tours. Worth every penny.

[Astro Flyer]

Here's the current SOBC application form...it's not required however Princess appreciates using it because that ensures a thorough application & they can quickly issue our SOBC. :)

Princess_Shareholder_Request_Form_2016.pdf

Edited August 2, 2015 by Astro Flyer

[paul929207]

At $50+ per share I don't know that buying it just to get the OBC is such a great idea. When it was in the low $30's maybe..

 

The stock is trading at an all time high right now.

In part it really depends on how many cruises a person will take and the length of them. We take multiple long cruises each year. I book them to maximize the OBC (including shareholder). We usually get 750 to $1250. Averaging these out to $1000, it is still close to a 20% return. For people like us, even at 53 or so, the OBC makes the purchase worthwhile.

 

Most sail less than us and each must make their own decision if the purchase is worth it for them.

[Kenswing]

In part it really depends on how many cruises a person will take and the length of them. We take multiple long cruises each year. I book them to maximize the OBC (including shareholder). We usually get 750 to $1250. Averaging these out to $1000, it is still close to a 20% return. For people like us, even at 53 or so, the OBC makes the purchase worthwhile.

 

Most sail less than us and each must make their own decision if the purchase is worth it for them.

 

I totally agree. We looked at it closely before we bought. It was in the low $30's. It made sense from both an investment standpoint as well as a OBC standpoint. Although we've only used it 3 times so far, being in our early fifties hopefully we'll get to use it many many more times in the future.

 

I think one of the things I like most is the OBC is tax free.. :D

Edited August 2, 2015 by Kenswing

[AE_Collector]

Averaging these out to $1000, it is still close to a 20% return. For people like us, even at 53 or so, the OBC makes the purchase worthwhile.

 

Most sail less than us and each must make their own decision if the purchase is worth it for them.

 

But you are treating the purchase price as if it will eventually be consumed and worthless. Other than the fact that it can be up or down in value at any moment in time they average out to being worth what you paid for them if you sell them.

 

So for me a more accurate comparison would be to what you are earning on the money now that you will use to purchase the shares. If the money is in a bank account then it is earning virtually nothing.

 

While I am disappointed in the growth of CCL share value compared to RCL over the 5 years that I have owned them both (CCL $30 to $53 and RCL $24 to $89), I also own shares in several Energy companies that I would rather not talk about. Fortunately I have taken the opportunity to buy more of both cruises lines whenever there was a significant drop in the share price so obviously I have been happy with their performance and dividends overall as I get no further OBC on these additional shares beyond the first 100.

 

Terry

Edited August 2, 2015 by AE_Collector

[Astro Flyer]

I've read that RCI's value has increased considerably more than CCL's shares however in less than 4 years I've recovered my investment in OBC but it varies depending on how often someone cruises.

 

I've only sailed Royal Caribbean a couple of times & as I recall their OBCs are not combinable which they are on Princess so that is another factor I consider. Shareholder, FCC, loyalty, Princess, TA & military are all combinable on Princess which usually results in our best cruise at the best price. :)

[RDC1]

Also keep in mind that the OBC is tax free, where as any capital gains is taxable.

 

I purchased the CCL shares about 5 years ago. We cruise several times per year (Have 62 days scheduled next year). I have already received far more in OBC then the current value of the stock, let alone the original purchase price. The capital appreciation and dividends are a bonus.

 

Used to also have RCL shares but recently sold them and took the capital appreciation. The policy of RCL makes the OBC considerations far far less valuable for their shares.