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Carnival stopped giving dividends due to the global pandemic and the impact on the business. Prior to this, shares were trading at £40-£50 a share, before plummeting to £5. While it doesn’t appear dividends will reappear anytime soon, there are still some shareholder benefits in the form on Onboard Credit.
Is anyone excluded from receiving free onboard credit for being a Carnival shareholder?
Passengers report it “stacking” with OBC offered as part of booking promotions, Future Cruise Deposit bonus OBC, referral bonuses, military/veteran benefits, goodwill OBC and the late, lamented Loyalty Commend OBC. If combined with Refundable OBC, all Non-Refundable OBC is depleted first. Prior to the pandemic, Carnival also had a healthy dividend payout of $.50/share.
Royal Caribbean Shareholder Benefits
We strongly advise doing your own research and seeking out the counsel of a financial adviser before making any stock purchase. Cruises on all brands operated by Norwegian Cruise Line Holdings, Ltd., including Norwegian, Oceania and Regent Seven Seas are eligible for the benefit. All Carnival brands -- which include Carnival, Princess, Holland America, Seabourn, Cunard, Costa, Aida and P&O -- earn benefits, though the amounts are adjusted slightly for European and Australian brands.
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Over the past year, Carnival Corporation tested an updated process through an app called StockPerks. A quick search will bring up countless Facebook threads and cruise message board posts with questions about the app. If you book cruises every year like I do, then over time, you might even make back the cost of your investment – whilst hopefully seeing your invested money grow at the same time. Just make sure you always remember to claim your credit before every sailing. There are a few terms and conditions that you need to be aware of with the shareholder benefits for Carnival.
But let’s be honest, the cost of a cruise can add up quickly, especially if you want to indulge in all the onboard amenities. Practically, “current” seems to mean “within 90 days”, as “the most recent quarterly statement” is routinely accepted. Carnival’s Shareholder Benefit program is included as part of Carnival Corp’s Annual Report if you’d like to learn more. You can also access the benefit information from Carnival’s Shareholder Information page. Ultimately, only you can decide what is best for your personal financial situation; Cruise Critic can neither support nor advise against your decision to purchase stocks.
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Only one onboard credit per shareholder-occupied stateroom is permitted. Make sure to provide your legal name, booking number, ship and sailing date, and proof of stock ownership at least four weeks before sailing. Another mistake is not checking whether you are eligible for additional benefits, such as those available to forces veterans. Also know that the benefit is limited to one credit per cabin per 100 shares on each sailing and is nontransferable. You will be required to submit a copy of your brokerage statement, usually two to three weeks before sailing. The name on the statement must match the name of the person sailing, so no sharing among friends, unless you plan to jointly own the stock.
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You can apply for you shareholder benefits any time between 90days and 28days prior to sailing. While we have heard of people having them added in advance of 90 days, in most cases people are told to reapply nearer the cruise. Investing in Carnival shares may have tax implications, so it’s important to consult with a financial advisor. As part of an investment strategy, buying shares could potentially provide benefits such as onboard credit for Carnival-owned cruise lines. It’s also worth noting that the benefit is not applied automatically and must be claimed every time you book a cruise with PO or any other cruise line in the group. Despite the claiming process, the potential to receive onboard credit for every subsequent cruise sailed on is a great perk for shareholders.
She provides valuable insights into the latest cruise industry trends and stock market updates with her extensive knowledge and experience. Her expertise covers everything from the best cruise lines to invest in, to the latest onboard amenities and perks. It should be added that the shareholder benefit only applies to the cruise portion of a land/sea tour. We will only receive a shareholder benefit of $100 for the 7-day cruise.
Unlock Cruise Perks: P&O And Carnival Shareholder Benefits
For Carnival, you only need to hold 100 shares of the company’s stock in order to qualify. At the time of this writing, the current price of $21.02/share ($CCL Live Ticker), would cost new investors just over $2,100. Anyone who owns 100 shares or more of the Carnival Corporation can enjoy an amount of onboard credit on their next cruise, up to $250 on sailings on cruise lines operating out of the US. Just like any other cruise onboard credit you might receive in a special sale or via your travel agent, Carnival shareholder onboard credit isn’t transferable. The cruise line will apply the OBC only to the account that matches the name of the legal shareholder.
Most banks and online brokerages charge a small fee for each stock trade or purchase. Since shareholders receive the same benefits regardless of which Carnival stock they own, we're lumping them together going forward. Buying shares is inherently a risk, and so I can’t tell you whether it’s a good idea or a bad idea to invest in Carnival stock. However, if you do decide that it’s a risk you want to take with your funds, you can enjoy a healthy amount of onboard credit with every cruise on a Carnival Corporation ship in the future. Unfortunately, the Carnival stock benefits are not applied to your cruise automatically. They’re handled by a separate team and need to be manually applied to your account every time you sail.
You need to make sure to make your claim at least four weeks before your sailing date. For example, here’s the On Board Account Statement from my recent cruise with P&O Cruises that shows that I received £60 of company cruise credit, thanks to owning shares in Carnival. Let’s take a look at what the Carnival stock ownership benefits are, which cruise lines they apply to, and how you go about claiming the benefit. Carnival Corporation & PLC is one of the biggest cruise companies in the world, in terms of the number of brands (and therefore ships) that it operates. It’s a huge organisation, and owning shares in it means that you have a stake in some of the biggest cruise brands on the ocean, including Carnival itself, Princess Cruises, Seabourn and more.
There are tons of ways you can use your free onboard credit for owning Carnival stock on a cruise. Make sure you know these exclusions before you assume you’re covered (and stuck with an unexpected bill). Unlike some cruise lines that allow you to use OBC before your cruise to pay for packages and services on board, Carnival and its subsidiaries only allow you to use onboard credit once you’re physically on the ship.
If you book one parent into each of the two rooms, both adults can get the free credit. Be sure to also include your full name, reservation or booking number, ship name, and sailing date to ensure you’re credited correctly. Proof of shareholder status could include a copy of your shareholder proxy card, a dividend tax voucher, or a nominee statement with both your mailing address and brokerage account number blacked out. You’ll need to mail, email, or fax proof of your shares to your specific cruise line at least three weeks before your sail date. Carnival Cruise Line values its employees and recognizes their hard work and dedication. The company has a number of recognition and rewards programs in place, including the Carnival Cruise Line President’s Club, which honors top performers each year.
The company offers a range of training and development opportunities, including online courses, in-person training sessions, and leadership development programs. Cruise Hive was established back in 2008 and among the earliest blogs in the industry. Since the start, it's been our aim to provide the latest cruise news covering all the major cruise lines. We make sure cruisers are fully prepared for their cruise vacation with tips on ships and ports.Millions of travelers rely on Cruise Hive in the United States, Europe, Australia, and around the world. One additional Diamond-level benefit is also rescinded for these three sailings. Diamond is the highest current level in Carnival Cruise Line’s VIFP loyalty program, requiring 200+ points to reach that status.
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