", 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. 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. Frequency: Quarterly. ZIM ZIM DIVIDEND HISTORY ZIM Dividend History EX-DIVIDEND DATE 11/28/2022 DIVIDEND YIELD 55.63% ANNUAL DIVIDEND $11.80 P/E RATIO 0.46 Back to ZIM Overview The Dividend. 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) . This makes sense since the dividend represents the cash per share dispersed from a company's balance sheet. 2022-06-08: $2.85-83.24%: 2022-03-22: 2022-04-04: $17.00: 2021-12-15: 2021-12-27: $2.50: 2021-08-24: 2021-09-15: $2.00: Special dividend: Top . The most recent change in the company's dividend was a decrease of $1.80 on Wednesday, November 16, 2022. The ex-dividend date was Nov. 28, 2022. We are excited to carry the exceptional momentum of 2021 forward into 2022, and well beyond. Adding If you do not, click Cancel. Dividends Dividend history for stock ZIM (ZIM Integrated Shipping Services Ltd.) including historic stock price, payout ratio history and split, spin-off and special dividends. Create your Watchlist to save your favorite quotes on Nasdaq.com. Notwithstanding the foregoing, as a result of the Ruling and subject to its terms and conditions, certain Shareholders, both Israeli and non-Israeli, may be eligible to a reduced Israeli withholding tax rate on their share of this dividend distribution, in comparison to the generally applicable withholding tax rate described above, (the "Reduced Withholding Tax Rate"), under certain terms and conditions as set forth below. ZIM is a global container liner shipping company with leadership positions in the markets where it operates. View 3 Midcap Energy Stocks Set For Triple-Digit Earnings Growth, View Want Monthly Income? His brainchild, the Underground Trader, was voted Forbes Best of the Web for four consecutive years under the active trader category. ZacksTrade and Zacks.com are separate companies. The Ruling is aimed to address solely the issue of tax withholding procedures and should not be construed as setting the actual tax liability of any Shareholder with respect to the Dividend or otherwise. (844) 978-6257. The current dividend yield for ZIM Integrated Shipping Services is 49.87%. These 11 stocks will be Dividend Kings in 5 years or less. Get short term trading ideas from the MarketBeat Idea Engine. Daily market news in bullet point format. On Feb. 13, 2023, Barclays downgraded ZIM shares to Underweight with a $15 price target, down from Equal Weight and $26.50 price target. 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. NYSE and AMEX data is at least 20 minutes delayed. Adjusted EBITDA was $2.36 billion for the fourth quarter of 2021, compared to $531 million for the fourth quarter of 2020. ZIM's current earnings per share, an indicator of a company's profitability, is $28.16. General Withholding Tax Treatment under Israeli Law. Appointment of Israeli Tax Withholding Agent. ZIM Integrated Shipping Services ( NYSE: ZIM) declares $4.75/share quarterly dividend or $571M in dividend. If you experience any issues with this process, please contact us for further assistance. Shareholders are advised to consult with their own personal tax and financial advisers as to the tax consequences resulting from their personal tax situation. investors@zim.com. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. Zacks Investment Research reports ZIM's forecasted earnings growth in 2021 as 661.29%, compared to an industry average of -10.8%. $23.63 About ZIM ZIM (NYSE: ZIM) is a global container liner shipping company with leadership positions in the markets in which it operates. See what's happening in the market right now with MarketBeat's real-time news feed. As a result of the Ruling, certain Shareholders may be eligible to a reduced Israeli withholding tax rate with respect to their share of this dividend distribution, in comparison to the generally applicable withholding tax rate (the "Reduced Withholding Tax Rate"), under certain terms and conditions as set forth below. 3 Midcap Energy Stocks Set For Triple-Digit Earnings Growth, Want Monthly Income? Disclaimer The problem is the underlying volatility of the stock and the shipping container industry and the fallacy of dividends. Payment of the Dividend is expected to be made on April 4, 2022 (the "Payment Date"). Could NVIDIA, Intel Become The Face of America's Semiconductors? On the ex-dividend date, Nov. 28, 2022, ZIM opened at $22.97, down ($2.70) or (10.5%). The following is a summary of some of the key terms of the Ruling. Should You Take a Cruise in Royal Caribbean Stock? In order to enjoy the Reduced Withholding Tax Rate, Shareholders must comply with all the terms of the Ruling, a copy of which in the Hebrew language as well as an unofficial non-binding English translation thereof can be obtained free of charge by email by approaching the Agent (as defined below) at the contact details provided below. Our daily ratings and market update email newsletter. Conference Call Details Management will host a conference call and webcast (along with a slide presentation) to review the results and provide a corporate update today at 8:00 AM ET. 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. Adjusted EBITDA was $6.60 billion for the full year of 2021, compared to $1.04 billion for the full year of 2020. Long-Term Chartering Agreements The dividend will be paid on April 4, 2022, to holders of record of the ordinary shares as of March 23, 2022. Q4 revenues of $3.47B, up 155% YoY Q4 EBITDA of $2.36B, up 345% YoY Q4 net income of $1.71B, up 366% YoY. 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. Add Zim Integrated Shipping Services Ltd to receive free notifications when they declare their dividends. 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. If you experience any issues with this process, please contact us for further assistance. About ZIM's dividend: Number of times Zim Integrated Shipping Services Ltd. has decreased the dividend in the last 3 years: 2; The number of times stock has increased the dividend in the . What is ZIM Integrated Shipping Services's dividend payout ratio? Contact Jea Yu via email at JeaYu21@gmail.com. The cup lip line formed in November 2022, peaking at $23.22 as it sold off to a low of $16.23 by December 2022. ZIM competes with other shippers like Diana Shipping Inc. (NYSE: DSX) and Genco Shipping & Trading Ltd. (NYSE: GNK). Develop and improve features of our offerings. If youre new to trading, then youve probably heard the wrong thing about optionsthat theyre risky, unpredictable, or difficult. Mr. Yu has a B.A. 26 votes, 34 comments. ZIM's agility and proactive strategies enabled us to unlock significant shareholder value during a time of unique and unprecedented challenges. We may use it to: To learn more about how we handle and protect your data, visit our privacy center. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. Operating margin for the fourth quarter of 2021 was 61%, compared to 32% in the fourth quarter of 2020. Terms of Service apply. Daqo Contracts During 4th Quarter, Becomes Value Play for 2023. 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%). Copy and paste multiple symbols separated by spaces. Revenues grew 2..92% year-over-year (YoY) to $3.23 billion, beating consensus analyst estimates by $21.86 million. Verify your identity, personalize the content you receive, or create and administer your account. Price/Earnings Ratio is a widely used stock evaluation measure. A stock's ex-dividend date is the day new shareholders are no longer eligible to receive an upcoming dividend payment. ", Summary of Key Financial and Operational Results, Net cash generated from operating activities ($ in millions). Net income for the fourth quarter of 2021 was $1.71 billion, compared to $366 million for the fourth quarter of 2020. ZIM Integrated Shipping Services pays Quarterly dividends to shareholders. Dividend history information is presently unavailable for this company. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. ago by Reasoned-Listener Next ex-dividend date Maybe it's not announced yet, but when is the next ex-dividend date? Copy and paste multiple symbols separated by spaces. Will Q4 Results Send Zoom Video Stock Higher? P.O. When autocomplete results are available use up and down arrows to review and enter to select. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. ZIM's net leverage ratio as of December 31, 2021 was 0.0x, compared to 1.2x as of December 31, 2020. How we use your information depends on the product and service that you use and your relationship with us. Will Q4 Results Send Zoom Video Stock Higher? 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. 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. Weighted average number of shares for EPS calculation: CONSOLIDATED He commented, "We are increasingly confident that the 46 newbuild charters may be quite competitively priced.. Avg Price Recovery. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service. 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. 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. The exact Q4 Ex-Dividend Date will likely be provided within the Q4 & Full Year 2022 Earnings Report. ZIM Integrated Shipping Services distributed $2.95 per share that represents a 114.89% dividend yield. 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. ZIM has paid out $10.55 per share in dividends for the first three quarters of 2022, including the recent Q3 2022 dividend of $2.95. Data Link's cloud-based technology platform allows you to search, discover and access data and analytics for seamless integration via cloud APIs. Is Most-Watched Stock ZIM Integrated Shipping Services Ltd. (ZIM) Worth Betting on Now? 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. in Liberal Arts and minor in Business Administration from the University of Maryland. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. In addition, such Shareholder will enclose its certificate of incorporation and all other documents required as set forth above. (844) 978-6257. Is Rocky Brands Dividend A Good Fit For Your Portfolio? In this case, though, May 28 was a Sunday, so the investor would have . 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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