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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-29 | $0.93 | quarterly | 2024-09-05 |
2024-06-04 | $0.23 | quarterly | 2024-06-11 |
2023-04-04 | $6.40 | quarterly | |
2022-11-28 | $2.95 | quarterly | 2022-12-07 |
2022-08-26 | $4.75 | quarterly | 2022-09-08 |
2022-05-27 | $2.85 | quarterly | 2022-06-08 |
2022-03-22 | $17.00 | quarterly | 2022-04-04 |
2021-12-15 | $2.50 | quarterly | 2021-12-27 |
2021-08-24 | $2.00 | quarterly | 2021-09-15 |
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
ZIM Integrated Shipping Services Dividend FAQ
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.
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