Jump to content
Cruise Critic Community
Sugarmag13

Sockholder Benefits

Recommended Posts

Hi,

 

We are considering purchasing some shares in CCL and know of but are not familiar with the benefits.

 

Can some of you pro's fill me in?

 

We seem to have gotten the cruise bug and someone on our last cruise mentioned this to us.

I know we need 100 shares.

 

Thanks

Share this post


Link to post
Share on other sites

We purchased the CCL stock back when it was in the high $20 range, planning to keep it long-term. The OBC for holding 100 shares is a great perk and can be combined with other OBC's. The stock does pay a dividend, too. Of course the  div's are taxable, but the OBC isn't something we get a 1099 for. The longer the cruise, the higher the OBC's!

 

Darcy

Share this post


Link to post
Share on other sites
8 minutes ago, Sugarmag13 said:

Can some of you pro's fill me in?

It's $100 OBC on a 7 day cruise, and more on a longer cruise I think.  That's the main benefit.

Share this post


Link to post
Share on other sites

If you buy them, you then fax your paperwork showing the shares to Princess before each cruise and they will add the OBC for you, or have your TA do it, either way.  I would do it at least a month in advance.

Share this post


Link to post
Share on other sites

Minimum ownership of 100 shares (can be in a personal account or even an IRA) for the following OBC

6 days or less    $50

7-13 days            $100

14+ days             $250

 

amounts are per cabin, so there is no OBC gain if each member of a married couple owns 100 shares and are in the same cabin

 

You must submit a fax or snail mail (NO EMAIL) prior to your cruise to Princess (address/phone # at the link above) stating your names, trip/ship, date of trip, booking # and proof of ownership. A copy of a brokerage report/page with your names visible and the stock info is proof (black out your account # and any other private info).

 

A good thing to note is that benefit is available on any of the brands listed at the link. We have use it for both Princess and Cunard.

Share this post


Link to post
Share on other sites
31 minutes ago, cruiserdru said:

Minimum ownership of 100 shares (can be in a personal account or even an IRA) for the following OBC

6 days or less    $50

7-13 days            $100

14+ days             $250

 

amounts are per cabin, so there is no OBC gain if each member of a married couple owns 100 shares and are in the same cabin

 

You must submit a fax or snail mail (NO EMAIL) prior to your cruise to Princess (address/phone # at the link above) stating your names, trip/ship, date of trip, booking # and proof of ownership. A copy of a brokerage report/page with your names visible and the stock info is proof (black out your account # and any other private info).

 

A good thing to note is that benefit is available on any of the brands listed at the link. We have use it for both Princess and Cunard.

 

• Those amounts are US$ for "North American Brand cruises".  Princess sells round trips out of Australia as "Australian Brand cruises" issuing those numerical amounts in AU$, and has in the past run "UK Brand cruises" where the amounts are £125, £60, and £25.  Check TailSpinTom's post, upthread, for a link to the official matrix.

 

• Some felt-tip inks are transparent to infra-red.  Some faxes see infra-red.  Just because you can't see what's blacked out doesn't mean it won't show up in the transmitted copy.  Better to scan and redact in Paint or whatever.

 

• "If it's free on the internet, then you and your information is what's being sold."  Use a real fax or a stamp.   Travel Agent's?  Broker's?  Work?  Staples, Walgreen, etc?

 

• Princess is amazingly prompt in posting SOBC to your Personalizer.

Share this post


Link to post
Share on other sites

The stock is down today; the Cuba experiment didn't materialize as a profit generator, so CCL is scrambling to move ships and keep its stockholders happy.

 $2. per share sure beats my BAC dividends.

 

Darcy

Share this post


Link to post
Share on other sites

And if you are planning to purchase the stock, the price has dropped significantly in the last week or so.  We bought before our first Princess cruise and have enjoyed the benefit of OBC many times.  The stock is now lower than it was when we purchased about 5 years ago.  We've seen it as high as 70, and now as low as 46.

Share this post


Link to post
Share on other sites

I decided to buy some using IRA money.  I plan to leave it in the IRA so the dividends are not taxable   Sit and ride without tax considerations.

Edited by zalusky

Share this post


Link to post
Share on other sites

FYI: You only need to be a shareholder when your brokerage statement is printed.

Share this post


Link to post
Share on other sites
2 hours ago, richmke said:

FYI: You only need to be a shareholder when your brokerage statement is printed.

 

Yea but isn't there a restriction that the statement can't be more than 3 months old and if you like do a lot of cruises well!

Share this post


Link to post
Share on other sites
9 minutes ago, zalusky said:

 

Yea but isn't there a restriction that the statement can't be more than 3 months old and if you like do a lot of cruises well!

Yes, but I submitted my statement last week for a cruise in January, fully expecting it to be bounced back....well, it went through. I am waiting to see if they want an updated statement as we get closer.

Share this post


Link to post
Share on other sites
1 minute ago, mjmalino said:

Yes, but I submitted my statement last week for a cruise in January, fully expecting it to be bounced back....well, it went through. I am waiting to see if they want an updated statement as we get closer.

 

It may be hit or miss depending on the agent and/or cruise line processing it.  Lucky for you!  Enjoy the dollars.

Share this post


Link to post
Share on other sites
2 minutes ago, zalusky said:

 

It may be hit or miss depending on the agent and/or cruise line processing it.  Lucky for you!  Enjoy the dollars.

That is what I figure as well. Since I don't planning on selling anytime soon, I can always print off another one if they request.

Share this post


Link to post
Share on other sites

I purchased 100 shares on Friday after the second drop and faxed my info to Princess. Had the OBC for my upcoming 15 and 16 day cruises within 90 minutes. Nice $500 bonus for our two cruises. Nice job by Princess. Couldn’t be happier. 

Share this post


Link to post
Share on other sites
13 minutes ago, mjmalino said:

That is what I figure as well. Since I don't planning on selling anytime soon, I can always print off another one if they request.

 

They never have asked for an updated statement. 

Share this post


Link to post
Share on other sites
2 minutes ago, Sugarmag13 said:

How far out can you send it? 

Pretty much as far out as you can book, I have one for a 2021 cruise posted a few months ago. It's an incentive to not cancel the cruise 🙂

 

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Forum Jump
    • Categories
      • Forum Assistance
      • New Cruisers
      • Cruise Lines “A – O”
      • Cruise Lines “P – Z”
      • River Cruising
      • ROLL CALLS
      • Digital Photography & Cruise Technology
      • Member Cruise Reviews
      • Special Interest Cruising
      • Cruise Discussion Topics
      • UK Cruising
      • Australia & New Zealand Cruisers
      • North American Homeports
      • Ports of Call
      • Cruise Conversations
×
×
  • Create New...