Real-time analyst ratings, insider transactions, earnings data, and more. Should You Take a Cruise in Royal Caribbean Stock? Collaboration with 2M Alliance Partners In February 2022, the Company announced the formal extension and modification of its operational collaboration agreement with the 2M alliance partners. ", Mr. Glickman added, "Given our outstanding cash generation in 2021, we decisively allotted capital to support our customers as we strive to provide best-in-class service. Payment of the Dividend . The most recent change in the company's dividend was a decrease of $1.80 on Wednesday, November 16, 2022. Any Shareholder who claims to be entitled to a Reduced Tax Withholding Rate in accordance with the foregoing, will be required to provide the Agent with all relevant documentation as detailed in the Ruling no later than October 11, 2021 (the end of the Change of Rate Period), including but not limited to, bank account details to which the dividend payment should be transferred, number of ZIM shares owned by the Shareholder in such account, identification document, and confirmation of residence issued by the taxing authority of the state of tax residence. The company declared a dividend of $2.95 or $354 million. Box 15067, Haifa 3190500, Israel, +972-4-865-2300 Provide specific products and services to you, such as portfolio management or data aggregation. Disclaimer The New York Times Reports: "No existing defense can stop it." Additional information about ZIM is available at www.ZIM.com. * Dividend amounts are adjusted for stock splits when applicable. Data Link's cloud-based technology platform allows you to search, discover and access data and analytics for seamless integration via cloud APIs. The ex-dividend date was Nov. 28, 2022. On November 16, 2022, ZIM announced a dividend payment of $2.95 per ordinary share (approximately $354 million ), to holders of the ordinary shares as of November 29, 2022. We use cookies to understand how you use our site and to improve your experience. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: 3 Secrets To Consistent Trading Success (From Vantage Point)document.write(''); Global container shipping and logistics company ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) stock has rebounded. 326 E 8th St #105, Sioux Falls, SD 57103 Investors are already flocking there for a chance at 1,000%+ returns. The Best High-Yield Dividend Stocks for 2023. 3Earnings per share calculation for all periods reflect a share split of 1:10 that became effective in 2021. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The next Zim Integrated Shipping Services Ltd dividend is expected to go ex in 13 days and to be paid in 26 days. 0 yrs. -0.03 (-0.13%) Free Stock Analysis Report: See The True Value of Any Stock, 5 stocks we like better than ZIM Integrated Shipping Services, 3 Secrets To Consistent Trading Success. At the current stock price of $49.47, the dividend yield is 5.05%. Appointment of Israeli Tax Withholding Agent. Operating margin for the full year of 2021 was 54%, compared to 18% for the full year of 2020. 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. View which stocks are hot on social media with MarketBeat's trending stocks report. We provide a platform for our authors to report on investments fairly, accurately, and from the investors point of view. Net income for the full year of 2021 included a tax expense of $1.01 billion. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. A Shareholder who declared that 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 set forth in the tax treaty between Israel and such Treaty State or by the limited withholding tax rate applicable to such dividend payment under the ITO, to the extent applicable. Latest Dividends Enter the number of Zim Integrated Shipping Services Ltd shares you hold and we'll calculate your dividend payments: Calculate Payment Previous Payment $295.00 Paid on 07 Dec 2022 (Wed) Next Payment Sign Up Required Paid on 27 Mar 2023 (Mon) Forecast Accuracy 37% STATEMENTS OF CASH FLOW, Impairment loss (recovery) in respect of tangible assets, Share of profits and change in fair value of investees, Change in trade receivables and other receivables, Change in trade and other payables including contract liabilities, Change in provisions and employee benefits, Net cash generated from operating activities, Proceeds from sale of tangible assets, intangible assetsandinterest in investees, Acquisition of tangible assets, intangible assets and interest in investees, Acquisition of investment instruments, net, Change in other investments (mainly deposits), net, Net cash generated from (used in) investing activities, Receipt of long-term loans and other long-term liabilities, Issuance of share capital, net of issuance costs, Repayment of borrowings and lease liabilities (including early repayments), Dividend paid to non-controllinginterests, Cash and cash equivalents at beginning of the year, Effect of exchange rate fluctuation on cash held, Cash and cash equivalents at the end of the year, RECONCILIATION OF NET INCOME TO ADJUSTED EBIT, RECONCILIATION OF NET INCOME TO ADJUSTED EBITDA, RECONCILIATION OF NET CASH GENERATED FROM OPERATINGACTIVITIES TO FREE CASH FLOW, View original content:https://www.prnewswire.com/news-releases/zim-reports-record-financial-results-for-the-fourth-quarter-and-full-year-2021-301498931.html. Operating margin for the fourth quarter of 2021 was 61%, compared to 32% in the fourth quarter of 2020. 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. A non-Israeli corporate Shareholder (excluding a Shareholder covered by section 9 below) that requests a Reduced Tax Withholding Rate, will also need to provide the Agent with its updated shareholders register as of August 25, 2021, and a statement confirming that more than 75% of its shareholders, directly or indirectly, are individuals of its state of residence. Investors are already flocking there for a chance at 1,000%+ returns. ZIM Integrated Shipping Services Ltd. (844) 978-6257. The Consecutive Annual Dividend Increases - the number of years this company has been increasing its dividends. These symbols will be available throughout the site during your session. Shareholders who purchased ZIM prior to the ex-dividend date are eligible for the cash dividend payment. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Mr. Yu has a B.A. 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. Revenues grew 2..92% year-over-year (YoY) to $3.23 billion, beating consensus analyst estimates by $21.86 million. ZIM Integrated Shipping Services (ZIM) announced on November 16, 2022 that shareholders of record as of November 28, 2022 would receive a dividend of $2.95 per share on December 7, 2022. Why Investors Need to Take Advantage of These 2 Transportation Stocks Now, ZIM to Release Full Year and Fourth Quarter 2022 Results on Monday, March 13, 2023. Avg Price Recovery. 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. 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) . All DividendMax content is provided for informational and research purposes only and is not in any way meant to represent trade or investment recommendations. Maintaining independence and editorial freedom is essential to our mission of empowering investor success. On Feb. 13, 2023, Barclays downgraded ZIM shares to Underweight with a $15 price target, down from Equal Weight and $26.50 price target. Stock Price and Dividend Data for Ord/ZIM Integrated Shipping Services Ltd (ZIM), including dividend dates, dividend yield, company news, and key financial metrics. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. A cash dividend payment of $2.5 per share is scheduled to be paid on December 27, 2021.. There are typically 4 dividends per year (excluding specials). ZIM is a global container liner shipping company with leadership positions in the markets where it operates. Learn more on ZIM's dividend yield history. These returns cover a period from January 1, 1988 through January 2, 2023. On May 19, 2021, ZIM announced a dividend payment of $2.00 per share (approximately $238 million) (the "Dividend"), which trades ex-dividend on August 24, 2021. Global container shipping and logistics company ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) stock has rebounded. To see all exchange delays and terms of use please see Barchart's disclaimer. Net debt is a non-IFRS financial measure which we define as face value of short- and long-term debt, minus cash and cash equivalents, bank deposits and other investment instruments. The dividend will be paid on April 4, 2022 to holders of ZIM ordinary shares as of March 23, 2022, During 2021 and subsequent to year end, entered into multiple charter agreements for a total of 36 newbuild vessels, of which 28 are LNG dual-fuel container vessels. It operates as fleet and a network of shipping lines offering cargo transportation services on all major global trade routes, it also offers multi-modal, cargo handling, tariff management, schedule information, and other related services supported by the company's local offices and representatives around the world. The record date for the dividend was May 31, 2017, so given trade settlement times of 3 days, an investor would have needed to buy the stock by May 28 in order to be paid the dividend. Dividend History (adjusted for splits) Ex-Dividend Date Payout Date Cash Amount % Change; 2023-05-27: 2023-06-08: $2.95** . Box 15067, Haifa 3190500, Israel, +972-4-865-2300 In-depth profiles and analysis for 20,000 public companies. ZIM carried 858 thousand TEUs in the fourth quarter of 2021, compared to 799 thousand TEUs in the fourth quarter of 2020. 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. The forward dividend yield for ZIM as of Feb. 28, 2023 is 48.22% . Type a symbol or company name. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Shares staged a rally on the weekly market structure low (MSL) breakout through $18.19. At ZIM Integrated Shipping Services Ltd, we promise to treat your data with respect and will not share your information with any third party. ZIM carried 3,481 thousand TEUs in the full year of 2021, compared to 2,841 thousand TEUs in the full year of 2020. Terms of Service apply. 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. Net cash generated from operating activities was $2.00 billion for the fourth quarter of 2021, compared to $414 million for the fourth quarter of 2020. 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). Payment of the Dividend. Payment of the Dividend is expected to be made on December 27, 2021 (the "Payment Date"). An Israeli corporate Shareholder which is entitled to a Reduced Tax Withholding Rate (including an exemption from withholding tax at source), will be able to apply to the Agent no later than October 11, 2021 (the end of the Change of Rate Period) and enclose an applicable valid ITA issued certificate setting forth a Reduced Tax Withholding Rate or an exemption from withholding tax. These statements are only predictions based on the Company's current expectations and projections about future events or results. By creating a free account, you agree to our, Occidental Petroleum Pulls Back To The Sweet Spot. Freight rates are expected to fall under pre-pandemic levels, which poses a big problem as costs are still 45% to 70% above pre-pandemic levels. These symbols will be available throughout the site during your session. As set out in the Company's Annual Report on Form 20-F filed with the Commission on March 22, 2021, with respect to dividends sourced from regular earnings, under the Israeli Tax Ordinance and regulations issued under the Israeli Tax Ordinance (collectively, "ITO"), the current Israeli rate of withholding tax on dividends paid by an Israeli company is 30% for distributions to a "substantial shareholder" (in general, being someone who holds, directly or indirectly, by himself or together with others, at least 10% of one or more of the means of control in the company) and 25% with respect to distributions to all other holders of Ordinary Shares ("Withholding Tax"). 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