$23.63 2021 Dividends In accordance with the Company's dividend policy, ZIM's Board of Directors declared a cash dividend of approximately $2.04 billion, or $17.00 per ordinary share, reflecting approximately 50% of 2021 net income on a cumulative basis, including the $2.50 per share interim dividend paid in December 2021 on account of Q3 2021 results. Net debt decreased by $1.74 billion from $1.24 billion as of December 31, 2020 to a net cash position of $509 million as of December 31, 2021. ZIM Next Dividend Date Projection Last known ex-date: NA Last known frequency: NA Last known na dividend: 0.00 Expected annual yield: 0.00% Typical ex-date schedule: August 24th Predicted Next Dividend Ex-Date For ZIM: August 24th Sign up to receive an email alert when the next ZIM dividend is declared Dividend Capture Strategy for ZIM Dividend capture strategy is based on ZIM's historical data. ZIM Integrated Shipping Services Ltd. (ZIM) will begin trading ex-dividend on December 15, 2021. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. There are important factors that could cause the Company's actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by the forward-looking statements. Wed like to share more about how we work and what drives our day-to-day business. 9 Andrei Sakharov St. (Matam Center) Copyright 2023 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. This compares to 26% and 18% for the full year of 2020. Here's 3 Dividend Stocks That Pay Monthly, Occidental Petroleum Pulls Back To The Sweet Spot. Copy and paste multiple symbols separated by spaces. You must click the activation link in order to complete your subscription. The following is a summary of some of the key terms of the Ruling. 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. How Long Can Wingstop Stock Continue to Defy Gravity? 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. 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. Is the 49% Dividend Yield for ZIM Integrated Shipping For Real? When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. Box 15067, Haifa 3190500, Israel, +972-4-865-2300 Looking to generate income with your stock portfolio? And, if last year's timeframe is a good guide, then the Q4 Ex-Dividend Date should be on or about March 22, 2023. A Shareholder who is a resident of a country with which Israel has a tax treaty (". ZIM currently pays investors $11.80 per share, or 48.08%, on an annual basis. The dividend is paid every three months and the last ex-dividend date was Nov 28, 2022. Dividend Yield 116.44% Annual Dividend $27.55 Ex-Dividend Date Nov 28, 2022 Payout Frequency Quarterly Payout Ratio 54.70% Dividend Growth n/a Dividend History Export We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters. He has been quoted and featured in USA Today, Wall Street Journal, Traders Magazine and the Financial Times and various trade publications like Stocks & Commodities, Active Trader and Online Investor. 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. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. The Ruling solely deals with the withholding tax question and does not exhaust the full tax liability of any Shareholder. Free cash flow is a non-IFRS financial measure which we define as net cash generated from operating activities minus capital expenditures, net. Gear advertisements and other marketing efforts towards your interests. Export data to Excel for your own analysis. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) has secured a tax ruling from the Israeli Tax Authority (ITA) with respect to the tax withholding procedures relating to the payment of. A publicly traded non-Israeli corporate Shareholder whose shares are traded on a stock market outside of Israel and is a resident of a Treaty State, or a direct or indirect subsidiary of such Shareholder, will also provide the Agent with a declaration that it is a resident of such Treaty State or another non-Israeli state, as applicable. 2 Oil Refiners Posting Record Margins: Can the Trend Continue? Pullback support levels are $21.08 weekly MSH trigger, $20.20 handle low, $19.13, $18.19 weekly MSL trigger, and $17.57. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Full-Year 2022 Guidance In 2022, the Company expects to generate Adjusted EBITDA of between $7.1 billion and $7.5billion and Adjusted EBIT of between $5.6billion to $6.0billion. February 27th, 2023 7:00 AM Dividend kings are a popular choice for income investors. 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. 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. The previous trading day's last sale of ZIM was $49.47, representing a -20.47% decrease from the 52 week high of $62.20 and a 336.24% increase over the 52 week low of $11.34. These symbols will be available throughout the site during your session. Years of Dividend Increase. Will Q4 Results Send Zoom Video Stock Higher? Carried volume in the full year was 3,481 thousand TEUs, a year-over-year increase of 23%, significantly above industry average growth, Average freight rate per TEU in fourth quarter was $3,630, a year-over-year increase of 139%. Data Link's cloud-based technology platform allows you to search, discover and access data and analytics for seamless integration via cloud APIs. The most recent change in the company's dividend was a decrease of $1.80 on Wednesday, November 16, 2022. Withholding Tax Procedures on a Special Dividend to be Distributed by ZIM in September 2021, https://www.prnewswire.com/news-releases/withholding-tax-procedures-on-a-special-dividend-to-be-distributed-by-zim-in-september-2021-301360480.html. We may use it to: To learn more about how we handle and protect your data, visit our privacy center. Is Target Stock Aiming For A Breakout In 2023? This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. American Consumer News, LLC dba MarketBeat 2010-2023. This includes personalizing content and advertising. 2023 Stock Analysis. Want to know last day to get shares to enjoy March dividend. This could indicate that the company has never provided a dividend or In-depth profiles and analysis for 20,000 public companies. Generates Record Full Year Results:Net Income of $4.65 Billion, Adjusted EBITDA[1] of $6.60 billion, and Adjusted EBIT of $5.82 billion; Continues to Deliver Industry Leading Operating Margins, Declares $17.00 per Share Dividend; Annual 2021 Dividend Represents 50% of 2021 Net Income[2], Dividends Declared Since IPO Total $2.6 Billion or $21.50 per Share, Full Year 2022 Guidance of Adjusted EBITDA between $7.1 Billion and $7.5 Billion and Adjusted EBIT between $5.6 Billion and $6.0 Billion. Please note that the dividend history might include thecompanys preferred securities as well. 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. Founded in Israel in 1945, ZIM is a veteran shipping liner, with decades of experience providing customers with innovative seaborne transportation and logistics services, a reputation for industry-leading transit times, schedule reliability and service excellence. This translates into receiving an 11.5% dividend, but the underlying stock fell (-10.5%) on the open and ended the day losing ($4.46) or (17.3%). ZIM Integrated Shipping Services Ltd. ( ZIM ) . General Withholding Tax Treatment under Israeli Law Get 30 Days of MarketBeat All Access Free, Sign in to your free account to enjoy these benefits. Buy THIS stock before Taiwan is attacked (Ad). 326 E 8th St #105, Sioux Falls, SD 57103 How Long Can Wingstop Stock Continue to Defy Gravity? 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. Tel No: +972-3-7536823Fax No: +972-3-7602636Email: esop-helpdesk@esop.co.il. 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. Type a symbol or company name. Your account is set up to receive Zim Integrated Shipping Services Ltd notifications. ZIM's agility and proactive strategies enabled us to unlock significant shareholder value during a time of unique and unprecedented challenges. ZIM declared a $2.95 per share dividend on its Q3 2022 earnings report. Its 49% dividend is a real standout. Provide specific products and services to you, such as portfolio management or data aggregation. Zim Integrated Shipping Services's next ex-dividend date has not been announced yet. Total dividend distribution since ZIM's initial public offering in January 2021, including the 2021 annual dividend of $19.50 per share and special dividend of $2.00 per share (~$237 million) paid in September 2021, amounted to approximately $2.57 billion, or $21.50 per ordinary share. Net income for the fourth quarter of 2021 included a tax expense of $374 million. 326 E 8th St #105, Sioux Falls, SD 57103 ZIM Integrated Shipping Services's most recent ex-dividend date was Monday, November 28, 2022. The scores are based on the trading styles of Value, Growth, and Momentum. These 11 stocks will be Dividend Kings in 5 years or less. With the Hughes Optioneering Strategy, youll soon learn that the safest option for new accounts is options themselves! These measures should not be considered in isolation, or as a substitute for operating income, any other performance measures, or cash flow data, which were prepared in accordance with Generally Accepted Accounting Principles as measures of profitability or liquidity. 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. This site is protected by reCAPTCHA and the Google Is Target Stock Aiming For A Breakout In 2023? Home Depot Stock Earnings Slide, Long Term Value Still There, AbbVie Stock Still a Solid Buy Despite Challenges, [BREAKING] New "Living Missile" to Replace Nuclear Missiles, The One Ticker Retirement Plan Over the Shoulder Demo Now Available, 7 Mighty Mid-Caps to Strengthen Your Portfolio. ZIM Integrated Shipping: Are the Bears Losing Their Grip? Add Zim Integrated Shipping Services Ltd to receive free notifications when they declare their dividends. 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. Adjusted EBITis a non-IFRS financial measure which we define as net income (loss) adjusted to exclude financial expenses (income), net and income taxes, in order to reach our results from operating activities, or EBIT, and further adjusted to exclude impairment of assets, non-cash charter hire expenses, capital gains (losses) beyond the ordinary course of business and expenses related to legal contingencies. 0 yrs. Operating income (EBIT) for the full year of 2021 was $5.82 billion, compared to $722 million for the full year of 2020. View 3 Midcap Energy Stocks Set For Triple-Digit Earnings Growth, View Want Monthly Income? ZIM's current earnings per share, an indicator of a company's profitability, is $28.16. 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. Effective April 2, 2022, ZIM and the 2M alliance partners will operate their joint services on the Asia US East Coast (USEC) and Asia US Gulf Coast (USGC) trades based on a slot exchange and vessel sharing agreement. Could NVIDIA, Intel Become The Face of America's Semiconductors? Operating margin for the full year of 2021 was 54%, compared to 18% for the full year of 2020. 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. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. Purposes or advice, and is delayed year of 2020 they declare Their dividends share, or %. Technology platform allows you to search, discover and access data and analytics for integration! 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Some of the Ruling order to complete your subscription 15067, Haifa 3190500, Israel, +972-4-865-2300 Looking generate! % Dividend Yield for zim Integrated Shipping Services & # x27 ; s next ex-dividend date has not announced... 3190500, Israel, +972-4-865-2300 Looking to generate income with your Stock portfolio add it to My Quotes by it! A summary of some of the Ruling solely deals with the Hughes Optioneering Strategy youll... Learn more about how we handle and protect your data, visit our privacy.. Might include thecompanys preferred securities as well as net cash generated from operating activities minus expenditures... Add zim Integrated Shipping Services Ltd to receive free notifications when they declare dividends!