|Free Dividend Report|
|CCL Dividend History|
|CCL Stock Split History|
|Preferred Stock Newsletter|
|CCL Options Chain|
|Stock Message Boards|
Carnival (CCL) has 2 splits in our Carnival stock split history database. The first split for CCL took place on December 15, 1994. This was a 2 for 1 split, meaning for each share of CCL owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split. CCL's second split took place on June 15, 1998. This was a 2 for 1 split, meaning for each share of CCL owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split.
When a company such as Carnival splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the Carnival stock split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Carnival shares, starting with a $10,000 purchase of CCL, presented on a split-history-adjusted basis factoring in the complete Carnival stock split history.
Growth of $10,000.00
With Dividends Reinvested
|Average Annual Total Return:||-8.49%|
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||-4.23%|
|Carnival is a leisure travel company. Co. operates in four segments: North America and Australia (NAA), Europe and Asia (EA), Cruise Support, and Tour and Other. Co.'s NAA segment includes Carnival Cruise Line, Princess Cruises, Holland America Line, P&O Cruises (Australia), and Seabourn. Co.'s EA segment includes Costa Cruises, AIDA Cruises, P&O Cruises (the U.K.), and Cunard. Co.'s Cruise Support segment includes its portfolio of port destinations and other services, all of which are operated for the benefit of its cruise brands. Co.'s Tour and Other segment represents the hotels and transportation operations of Holland America Princess Alaska Tours and other operations. According to our Carnival stock split history records, Carnival has had 2 splits.|
|CCL Split History Table|
|12/15/1994||2 for 1|
|06/15/1998||2 for 1|
|Services Stock Splits|
|CCL is categorized under the Services sector; below are some other companies in the same sector that also have a history of stock splits:
Also explore: CCL shares outstanding history