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Carnival declares $0.50 dividend


richwmn
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Even more significant maybe the announcement of a $1,000,000,000 share buy back.

 

Very good observation, as historically stock prices rise immediately after the announcement, but fall (to below the pre-announcement price) as analysts adjust P/E ratios to account for the decrease in cash held by the corporation. (It should be noted that CCL stock was off by over $1 yesterday and is currently trading up $1.13 at $64.23.)

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