Stocks Going Ex-Dividend on 21 November: Carnival PLC, Imperial Brands PLC and DCC PLC

Stocks Going Ex-Dividend on 21 November: Carnival PLC, Imperial Brands PLC and DCC PLC

Carnival PLC

Carnival Plc (CCL) is a leisure travel group that operates in Europe, Asia, North America, and Australia. The company split its business activities into four operating segments. Carnival Cruise Line, Holland America Line, Seabourn, Costa, and AIDA are few of the brand name that operates under Carnival Plc.

CCL-Dividend The company announced the declaration of a quarterly dividend per share of $0.50 cents. The board approved record date as 22nd November 2019 and 13th December 2019 as a payment date. The ex-dividend date is on 21st November 2019.

CCL-Financial Highlights for Q3 FY19 period ended 31st August 2019

For the third quarter of 2019, the company’s U.S. GAAP net income stood at $1.8 billion with diluted EPS recorded at $2.58, an increase from the corresponding period of the last year. The group’s adjusted net income stood at $1.8 billion, or $2.63 adjusted earnings per share, an increase from the same period in 2018. The adjusted net income, excluding net charges, for the third quarter of 2019 was $39 million. For the third quarter of 2019, the total revenues increased to $6.5 billion as compared to the corresponding period of the last year, due to an increase in gross cruise revenues and net cruise revenues (constant currency basis). On a constant currency basis, the net revenue yields are anticipated to decrease by 2-3 per cent in the fourth quarter of 2019. For the full year 2019, the company expects adjusted EPS to be in the range of $4.23-$4.27, reflecting the surge in recent fuel price.

CCL-Share price performance

While writing (as on 21st November 2019, at 09:42 AM GMT), Carnival PLC shares were trading at GBX 3,088.00 per share. The company’s total market capitalisation was approximately £22.78 billion.

CCL shares have made a high of GBX 4,696.00 (as on 29th November 2018) and a low of GBX 3,037.00 (as on 18th October 2019) in the past one year.

At the time of writing, the stock’s volume before the market close, stood at 55,820. The company’s stock beta (5Y monthly) was 0.71, which makes it less volatile as against the benchmark index.

In the past 1 month, CCL shares have delivered a positive return of 3.30 per cent. Also, on a YTD (Year-to-Date) time interval, the stock plunged by approximately 16.00 per cent and was down by 10.86 per cent in the last three months. 

Imperial Brands PLC

Imperial Brands PLC (IMB) is a British fast-moving consumer business company, with operational interest in a variety of cigarettes, fine cut and smokeless tobaccos, papers and cigars. Its geographical operational segments are divided into Growth Markets, USA, Returns Markets North, Returns Markets South and Logistics.

IMB-Dividend The company had paid two interim dividends totalling 62.56 pence per share in June 2019 and September 2019, in line with the quarterly dividend payment policy to give shareholders a more regular cash return. The group’s board approved an additional interim dividend per share of 72 pence and will recommend a final dividend per share of 72.01 pence, bringing the total dividend per share for the year 2019 to 206.57 pence. The third interim dividend will be paid on 31 December 2019 with an ex-dividend date of 21 November 2019. The proposed final dividend will be paid on 31 March 2020, with an ex-dividend date of 21 February 2020.

IMB-Financial Highlights for FY19

(Source: London Stock Exchange)

The group's net revenue increased by 2.2 per cent, led by growth in tobacco and Net Generation Product. However, the group’s major tobacco net revenue surged 2.7 per cent on an actual term and by 1.1 per cent on a constant currency basis to £7,713 million from £7,510 million against the year-over period.  Group's total adjusted operating profit contracted by 0.5 per cent on an actual basis to £3,749 million and reduced by 2.4 per cent on a constant currency basis. Adjusted earnings per share for the FY19, increased marginally by 0.4 per cent on an actual basis to 273.3 pence from 272.2 pence reported a year-ago period.

IMB-Share price performance

While writing (as on 21st November 2019, at 09:46 AM GMT), Imperial Brands PLC shares were trading at GBX 1,702.20 per share. The company’s total market capitalisation was approximately £16.67 billion.

IMB shares have made a high of GBX 2,713.50 (as on 20th February 2019) and a low of GBX 1,670.00 (as on 04th November 2019) in the past one year.

At the time of writing, the stock’s volume before the market close, stood at 1,202,545. The company’s stock beta (5Y monthly) was 1.03, which makes it as volatile as the benchmark index.

In the past 1 month, IMB shares have delivered a negative return of 5.48 per cent. Also, on a YTD (Year-to-Date) time interval, the stock plunged by approximately 25.92 per cent and was down by 15.40 per cent in the last three months.

 

DCC PLC

DCC PLC (DCC) is a sales, distribution, and support services group operating primarily in the UK, Ireland and mainland Europe. The company’s business is split into four divisions: Liquified Petroleum Gas (LPG), Retail & Oil, Healthcare, and Technology.

DCC-Dividend

The management of the company decided to pay an interim dividend per share of 49.48 pence, which translates to a 10 per cent rise from the previous year interim dividend per share of 44.98 pence per share. The dividend shall be paid on 11th December 2019 to investors on the register at the close of business hours on 22 November 2019. The ex-dividend date is 21st November 2019.

DCC-Financial highlights for H1 FY20

(Source: London Stock Exchange)

The company’s revenue was down by 1.4 per cent (1.7 per cent decrease on a constant currency basis) to £7.312 billion in H1 FY20 as against £7.418 billion in H1 FY19. The company’s adjusted operating profit surged by 14.5 per cent (13.7 per cent on a constant currency basis) to £162.6 million in H1 FY20. The company’s Net finance and other costs rose to £26.7 million in H1 FY20 in contrast to £22.1 million in H1 FY19. The company’s profit (excluding net exceptional items, amortisation of intangible assets and tax) surged by 12.5 per cent on a constant currency basis to £135.9 million. The company’s profit before tax stood at £57.6 million in H1 FY20. The company’s Adjusted earnings per share improved by three per cent to 110.2 pence in H1 FY20.

The company has a Free cash flow of £30.4 million in the six months ended 30 September 2019 as compared to £91.1 million in H1 FY19. The company’s interim dividend surged by 10 per cent to 49.5 pence per share. The company has a strong balance sheet with its net debt recorded at £245.3 million as on 30th September 2019. The company believes that FY20 will be another good year in terms of operating profit growth.

DCC-Share price performance

While writing (as on 21st November 2019, at 09:49 AM GMT), DCC PLC shares were trading at GBX 6,384.00 per share. The company’s total market capitalisation was approximately £6.39 billion.

DCC shares have made a high of GBX 7,548.00 (as on 08th November 2019) and a low of GBX 5,585.00 (as on 21st November 2018) in the past one year.

At the time of writing, the stock’s volume before the market close, stood at 41,871. The company’s stock beta (5Y monthly) was 0.90, which makes it less volatile as against the benchmark index.

In the past 1 month, DCC shares have delivered a negative return of 7.62 per cent. Also, on a YTD (Year-to-Date) time interval, the stock surged by approximately 8.54 per cent and was down by 1.34 per cent in the last three months.

Stock price comparison of CCL, IMB and DCC.

(Source: Thomson Reuters)

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