If You'd Invested $1,000 in Carnival Stock 20 Years Ago, Here's How Much You'd Have Today
I won't sugarcoat it: Leading cruise line operator Carnival Corporation (NYSE: CCL) has been a poor long-term investment.Over the past 20 years, Carnival's share price has taken investors on a bit of a roller-coaster ride but overall is about 64% lower. However, because it has paid dividends in the past, Carnival's 20-year total return has been a somewhat less terrible negative-45%.This means that if you invested $1,000 in Carnival stock 20 years ago, in March 2005, and reinvested any dividends you received along the way, your investment would be worth about $550 today.Continue reading
I won't sugarcoat it: Leading cruise line operator Carnival Corporation (NYSE: CCL) has been a poor long-term investment.
Over the past 20 years, Carnival's share price has taken investors on a bit of a roller-coaster ride but overall is about 64% lower. However, because it has paid dividends in the past, Carnival's 20-year total return has been a somewhat less terrible negative-45%.
This means that if you invested $1,000 in Carnival stock 20 years ago, in March 2005, and reinvested any dividends you received along the way, your investment would be worth about $550 today.
