It is emphasized that the description below does not purport to exhaust all the terms and conditions included in the Ruling and is not a complete translation of the Ruling. The Dividend History page provides a single page to review all of the aggregated Dividend payment information. Investor Relations:Elana HolzmanZIM Integrated Shipping Services Ltd.+972-4-865-2300holzman.elana@zim.com, Leon BermanThe IGB Group212-477-8438lberman@igbir.com, Media: Avner ShatsZIM Integrated Shipping Services Ltd.+972-4-8652520shats.avner@zim.com, Equity attributable to owners of the Company, (U.S. dollars in thousands, except per share data). 2021 net income was $4.65B or $39 per share, up 787% YoY ZIM Integrated Shipping Services Ltd. (ZIM) will begin trading ex-dividend on December 15, 2021. By providing your email address below, you are providing consent to ZIM Integrated Shipping Services Ltd to send you the requested Investor Email Alert updates. Shareholders who purchased ZIM prior to the ex-dividend date are eligible for the cash dividend payment. The "King Of Quants" sees 10X potential Eric Fry believes he just discovered America's next "Wealth Supercluster" and it's forming in the place you'd least expect. Should You Take a Cruise in Royal Caribbean Stock? MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. contact@marketbeat.com A cash dividend payment of $2.5 per share is scheduled to be paid on December 27, 2021.. View which stocks are hot on social media with MarketBeat's trending stocks report. Fourth Quarter and Full Year 2021 Highlights, Yair Seroussi, Chairman of the Board of Directors stated, "2021 was a transformative year for ZIM. The other fundamental problem to understand regarding dividend stocks is that the dividend is not "free." On the ex-dividend date, Nov. 28, 2022, ZIM opened at $22.97, down ($2.70) or (10.5%). You can sign up for additional alert options at any time. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. Learn more on ZIM's dividend yield history. On March 9, 2022, ZIM announced a dividend payment of $17.00 per ordinary share (approximately $2.04 billion ), to holders of the ordinary shares as of March 23, 2022. The number of outstanding shares as of December 31, 2021, was 119,743,188.4See disclosure regarding "Use of Non-IFRS Financial Measures" below.5See disclosure regarding "Use of Non-IFRS Financial Measures" below. Forward-Looking Statements The following information contains, or may be deemed to contain forward-looking statements (as defined in the U.S. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Type a symbol or company name. Declared a special cash dividend of approximately $238 million , or $2.00 per ordinary share, to be paid on September 15, 2021 , to holders of the ordinary shares as of August 25, 2021 ; reiterated plan to distribute annual dividend of 30-50% of 2021 net income in 2022 (subject to Board approval) . In-depth profiles and analysis for 20,000 public companies. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Home Depot Stock Earnings Slide, Long Term Value Still There, AbbVie Stock Still a Solid Buy Despite Challenges, BREAKING: Tiny biotech successfully treats blindness, The One Ticker Retirement Plan Over the Shoulder Demo Now Available. ZIM Integrated Shipping Services distributed $2.95 per share that represents a 114.89% dividend yield. These 11 stocks will be Dividend Kings in 5 years or less. Disclaimer Financial and Operating Results for the Fourth Quarter Ended December 31, 2021Total revenues were $3.47 billion for the fourth quarter of 2021, compared to $1.36 billion for the fourth quarter of 2020, primarily driven by an increase in revenues from containerized cargo, reflecting an increase in freight rates as well as carried volume. Chartering Agreements for Newbuild Vessels During 2021 and subsequent to year end, ZIM entered into four charter agreements for a total of 36 newbuild vessels, as follows: All the newbuild vessels are expected to be delivered to ZIM during 2023 and2024. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. General Withholding Tax Treatment under Israeli Law In addition, such Shareholder will enclose its certificate of incorporation and all other documents required as set forth above. Following the conclusion of the call, a replay of the conference call will be available on the Company's website. SOURCE ZIM Integrated Shipping Services Ltd. ZIM Integrated Shipping Services Ltd. Analyst Alexia Dogani believes the industry will be oversupplied from 2023 through 2024. Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F. As an investor, you want to buy stocks with the highest probability of success. We refer to net cash when cash and cash equivalents, bank deposits and other investment instruments exceed the face value of short- and long-term debt. DividendMax.com is owned and operated by DividendMax Ltd. Our premium tools have predicted Zim Integrated Shipping Services Ltd with 37% accuracy. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score. Terms of Service apply. Dividend history information is presently unavailable for this company. Daqo Contracts During 4th Quarter, Becomes Value Play for 2023. When autocomplete results are available use up and down arrows to review and enter to select. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Payment of the Dividend. Is the 49% Dividend Yield for ZIM Integrated Shipping For Real? 9 Andrei Sakharov St. (Matam Center) (844) 978-6257. On top of that, they have an income tax bill since dividends are usually taxed as income unless it's a qualified dividend which is taxed at long-term capital gains. ZIM Integrated Shipping Services Ltd. (ZIM) dividend summary: yield, payout, growth, announce date, ex-dividend date, payout date and Seeking Alpha Premium dividend score. If a company issues a $2 cash dividend, the stock is intrinsically worth $2 less, based on the cash drop. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Your account is set up to receive Zim Integrated Shipping Services Ltd notifications. ZIM Dividend History & Dividend Dates | Morningstar ZIM Integrated Shipping Services Ltd Ordinary Shares ZIM Dividends Morningstar Rating | Rating as of Feb 21, 2023 Quote Chart Stock. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. In total, including our special dividend paid in September 2021, we will return to shareholders approximately $2.6 billion or $21.50 per share since our IPO, which represents approximately 30% of our current market cap and, incredibly, approximately 50% higher than our IPO market cap. See what's happening in the market right now with MarketBeat's real-time news feed. Analyst Samuel Bland said he's expecting negative cash flow from 2023 to 2025 but believes ZIM will still have $2.3 billion in net cash at the trough. All future dividends are subject to the Company's Board discretion and to the restrictions provided by Israeli law. The dividend yield is calculated by dividing the annual dividend payment by the prevailing share price, The table below shows the full dividend history for Zim Integrated Shipping Services Ltd. We remain focused on maintaining our strong execution and agility in 2022 and beyond, while advancing the highest standards of corporate governance and responsibility. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. The bounce from there forms the handle as shares rally again to the cup lip line on a breakout attempting to hold above there. On the Payment Date the Company will withhold 25% of the Dividend amount and will remit the tax amount to the Agent, to be handled by the Agent in accordance with the terms and conditions of the Ruling. Learn more. Complementing our ESG objectives, we continue to invest in digital initiatives and disruptive technologies and further strengthen our commercial prospects to drive long-term profitable growth, while maintaining our disciplined approach to capital allocation to maximize value for all of ZIM's stakeholders. Payout Ratio (FWD) 28.17%. We also returned substantial capital to shareholders, highlighted by a full year dividend of $19.50 per share, reflective of 50% of our 2021 net income. Accordingly, ZIM will solely operate two out of the six joint Asia to USEC services (ZCP & ZSE) as well as three additional vessels on one of two joint Asia to USGC services (ZGX). Learn more on ZIM's dividend yield history. Delayed quotes by FIS. When was ZIM Integrated Shipping Services's most recent dividend payment? The company reported an earnings-per-share (EPS) profit of $9.66, excluding non-recurring items, beating consensus analyst estimates by $0.19. Atlas Corp. (ATCO) Stock Data. How much is ZIM Integrated Shipping Services's annual dividend? Payable Sept. 15; for shareholders of record Aug. 25; ex-div Aug. 24. Liquidity, Cash Flows and Capital Allocation ZIM's total cash position (which includes cash and cash equivalents and investments in bank deposits and other investment instruments) increased by $3.24 billion from $572 million as of December 31, 2020 to $3.81 billion at December 31, 2021. * indicates the important links in the menu, After-Market: You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. The dividend will be paid on April 4, 2022, to holders of record of the ordinary shares as of March 23, 2022. Payment of the Dividend is expected to be made on September 15, 2021 (the "Payment Date"), to the Shareholders on record as at close of trading on August 25, 2021. A Shareholder who did not declare that it, he or she is a resident of a Treaty State and is the beneficial owner of the Dividend, may apply to the Agent during the Change of Rate Period only (subject to complying with all the documentation requirements detailed below) requesting the receipt of the monetary difference between the tax amount remitted to the Agent (at a rate of 25%) and the amount represented by the withholding tax rate applicable to such dividend payment under the ITO or by the limited withholding tax rate applicable to such dividend payment under the ITO, to the extent applicable. It makes one wonder why ZIM isn't a no-brainer buy for income investors. ZIM Integrated Shipping Services's most recent Quarterly dividend payment of $2.95 per share was made to shareholders on Wednesday, December 7, 2022. 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