Higher dividends may be in store for shareholders this year, Mickey Arison, CEO and chairman of Carnival Cruises, told CNBC Thursday.
“We do have some free cash flow, because our capital expenditures are coming down. Hopefully, the dividend will be increased,” added Arison, who said the board will meet next week and is expected to decide about a 2011 dividend.
“We’re doing well with more cash flow. Obviously, we should reward our shareholders.”