Monday, April 1, 2024

Do you own cruise line stocks? You could get onboard perks

carnival cruise line stock benefits

Once you complete the order page, click to submit your trade and become a Carnival shareholder. This massive boat will feature six themed zones, new options for entertainment and dining, new art on its hull, and even a roller coaster on the top deck. If reading about that makes you want to try it out, think about how much it appeals to die-hard cruise-lovers. Check out our video recap on the benefits of being a Carnival Shareholder.

Royal Caribbean Group

Solo travelers must pay the full double occupancy fare to receive the credit. If shares are held jointly and you are requesting two or more cabins, a minimum holding of 100 shares per room is required. To receive the credit, first book your cruise vacation, then send the specific cruise line an email, fax or mailed letter with your legal name, reservation/booking number, ship and sailing date.

How to invest

Lastly, you can’t exchange your OBC for cash–after all, if people could do that, nothing would be stopping them from cashing in and walking off the boat with a couple hundred dollars in their wallets. As with any other stocks, the time you choose to buy can be critical in determining whether or not you make a profit. For specific step-by-step instructions on how to request the benefit, be sure to check out our original post. We’re putting together a separate Stockperks Job Aid that walks you through step-by-step how to create your Stockperks account and request your Shareholder Benefit. With the full transition to StockPerks, Carnival now requires you to download the StockPerks app from either the Apple or Google Play Store depending on your device. Once in the new account, it ask you to upload a copy of your statement, it also allows you to take a picture and upload while the account is open.

Do you own cruise line stocks? You could get onboard perks

Most banks and online brokerages charge a small fee for each stock trade or purchase. If you want to reap the benefits of your OBC, you’ll want to make sure to let your cruise line know that you are a shareholder. This requires that you submit a copy of your brokerage statement as much as three weeks before sailing. Unfortunately, free onboard credit for Carnival shareholders is limited to one credit benefit per person per sailing. The amount of onboard credit you’ll receive (and what currency it will be in) depends on the specific cruise brand and where it’s based. Carnival Corporation has engaged Stockperks to implement a more automated and streamlined process for the processing of shareholder benefits.

How to Invest in Carnival Cruise Lines - The Motley Fool

How to Invest in Carnival Cruise Lines.

Posted: Sun, 24 Sep 2023 01:11:31 GMT [source]

carnival cruise line stock benefits

One of my favorite perks of cruising is getting free onboard credit—often abbreviated to OBC— when I book during certain sales. Since I always use a cruise travel agent, I’ll often get extra onboard credit just for booking through the agency. It’s worth noting that these stock benefits are subject to change at any time, and some benefits may not be available to all employees. Employees should check with Carnival Cruise Line for the most up-to-date information on stock benefits.

Using Cell Phone on Royal Caribbean Cruises (Best Guide

Understanding these in advance can help you to play your investments smarter. Keep up to date with the company’s announcements and have your eye on the stock market around the time they first release bookings for a brand new ship that people are excited about. Chances are, if you time it right, you’ll be able to sell off your stocks at a profit once the new ship gets filled up with bookings.

Carnival, Princess, and Holland America are the most popular Carnival-owned lines for North American cruisers. But several other cruise lines around the world are also under the Carnival Corporation umbrella. After being on a Carnival Cruise for 25 – 74 nights, guests become Gold Members of the VIFP Club. Gold members receive a range of benefits, including a dedicated phone number for member support, exclusive member-only offers, and priority check-in and boarding.

In fact, in 2023 Carnival Corporation provided shareholders up to $250 in onboard credit – but that offer ended on February 28, 2024. This article walks you through changes to the new 2024 Carnival Shareholder Benefit along with big updates to the process requesting benefits. The benefit is only available for the stateroom in which the shareholder is staying and is based on your paying for two people in the cabin.

Should I invest in Carnival Cruise Lines?

It has adeptly navigated market volatilities and economic upheavals. Forecasted trends, grounded in the company’s incessant commitment to innovation and expansion, alongside strategic initiatives, project an optimistic outlook with potential for enhanced shareholder value. It’s important to understand a detailed 2025 forecast for Carnival Cruise Stock. The app bug of having to kill and relaunch and the disconnected verbiage between the app and email (seven days versus five days) creates a bit of an unpolished feeling.

The cruise line will apply the OBC only to the account that matches the name of the legal shareholder. The cruise passenger details must match the brokerage statements exactly in order to receive the cruise shareholder benefits. Additionally, you are required to attach a “recent investor statement” that proves share ownership. At other times, I’ve been asked to resubmit a statement that’s 60 days prior to the sail date. Royal Caribbean suggests you request onboard credit two to three weeks prior to your sail date. The response from the cruise company should come within seven days.

Not something you necessarily want to feel after you’ve granted the company full access to your investment portfolio. I can’t advise you which is the best, but I personally chose to buy my Carnival shares through an investing platform called etoro. I chose this one because it is one of the most popular platforms with 20 million registered users and has great reviews and low fees. To buy shares in any company, you’ll typically need to use a stockbroker. There are various fees involved with this, but an online platform is usually the cheapest and easiest way. The Defiance Hotel, Airline, and Cruise ETF (CRUZ 1.21%) had a much more meaningful allocation of Carnival stock.

As of mid-2023, the cruise line operator had yet to return to profitability. Through the first six months of the year, the company reported a net loss of $563 million, or $3.02 per share. However, that was a significant improvement from the same period of the previous year when it posted a net loss of almost $1.3 billion, or $6.90 per share. These come in the form of cash payments, so you can choose to put them in your pocket or reinvest. One way to keep track of this is with the metric known as booking volume. The first thing to keep your eye on is a dividend, which is issued in a percentage.

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