Carnival Corporation (CCL) has been an excellent performer in my nonPension portfolio for over a year and a half. During the time I have owned it, the value of the shares has increased nicely, but more importantly, there has been a significant increase in the dividend during the time I have owned CCL.
The most recent increase comes after just six months, and the increase before that was also only six months after the one before that. My next dividend will be be a huge 50% higher than my first payment in September 2016. The annualized increase in the dividend payment works out to 26%. Over just the last year, the dividend payment increase is 28%.
My suspicion is that more and more people will be going on vacations on cruise ships in the future, so I hope that CCL will continue to perform well for the nP portfolio.
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