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ZIM Integrated Shipping Services Ltd., together with its subsidiaries, provides container shipping and related services in Israel and internationally. It provides door-to-door and port-to-port transportation services for various types of customers, including end-users, consolidators, and freight forwarders. The company also offers ZIMonitor, a premium reefer cargo tracking service. As of December 31, 2021, it operated a fleet of 118 vessels, which included 110 container vessels and 8 vehicle transport vessels, of which four vessels were owned by it and 114 vessels are chartered-in; and network of 70 weekly lines. The company was incorporated in 1945 and is headquartered in Haifa, Israel.

ZIM Integrated Shipping Services Dividend Announcement

ZIM Integrated Shipping Services announced a quarterly dividend of $0.93 per ordinary share which will be made payable on 2024-09-05. Ex dividend date: 2024-08-29
ZIM Integrated Shipping Services annual dividend for 2024 was $1.16
ZIM Integrated Shipping Services annual dividend for 2023 was $6.40
ZIM Integrated Shipping Services's trailing twelve-month (TTM) dividend yield is 8.78%
ZIM Integrated Shipping Services's payout ratio for the trailing twelve months (TTM) is -2.96%

ZIM Integrated Shipping Services Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-29$0.93quarterly2024-09-05
2024-06-04$0.23quarterly2024-06-11
2023-04-04$6.40quarterly
2022-11-28$2.95quarterly2022-12-07
2022-08-26$4.75quarterly2022-09-08
2022-05-27$2.85quarterly2022-06-08
2022-03-22$17.00quarterly2022-04-04
2021-12-15$2.50quarterly2021-12-27
2021-08-24$2.00quarterly2021-09-15

ZIM Integrated Shipping Services Dividend per year

ZIM Integrated Shipping Services Dividend growth

ZIM Integrated Shipping Services Dividend Yield

ZIM Integrated Shipping Services current trailing twelve-month (TTM) dividend yield is 8.78%. Interested in purchasing ZIM Integrated Shipping Services stock? Use our calculator to estimate your expected dividend yield:

ZIM Integrated Shipping Services Financial Ratios

P/E ratio-1.46
PEG ratio-0.01
P/B ratio0.99
ROE-74.98%
Payout ratio-2.96%
Current ratio1.04
Quick ratio0.97
Cash Ratio0.33

ZIM Integrated Shipping Services Dividend FAQ

Does ZIM Integrated Shipping Services stock pay dividends?
ZIM Integrated Shipping Services does not currently pay dividends to its shareholders.
Has ZIM Integrated Shipping Services ever paid a dividend?
No, ZIM Integrated Shipping Services has no a history of paying dividends to its shareholders. ZIM Integrated Shipping Services is not known for its dividend payments.
Why doesn't ZIM Integrated Shipping Services pay dividends?
There are several potential reasons why ZIM Integrated Shipping Services would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will ZIM Integrated Shipping Services ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While ZIM Integrated Shipping Services has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is ZIM Integrated Shipping Services a dividend aristocrat?
ZIM Integrated Shipping Services is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is ZIM Integrated Shipping Services a dividend king?
ZIM Integrated Shipping Services is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is ZIM Integrated Shipping Services a dividend stock?
No, ZIM Integrated Shipping Services is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy ZIM Integrated Shipping Services stocks?
To buy ZIM Integrated Shipping Services you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy ZIM Integrated Shipping Services stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.