Adjusted EBITDA was $2.36 billion for the fourth quarter of 2021, compared to $531 million for the fourth quarter of 2020. TTM. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. In accordance with the new dividend policy, the Company's Board of Directors declared a cash dividend of approximately $296 million, or $2.50 per ordinary share, reflecting approximately 20% of Q3 2021 net income, to be paid on December 27, 2021, to holders of the ordinary shares as of December 16, 2021. Dividend History (adjusted for splits) Ex-Dividend Date Payout Date Cash Amount % Change; 2023-05-27: 2023-06-08: $2.95** . Adding With the Hughes Optioneering Strategy, youll soon learn that the safest option for new accounts is options themselves! Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. 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. Importantly, we made sizable investments in equipment to facilitate the movement of cargoes for customers, as well as meaningfully expanded our operating fleet capacity and launched 17 new lines since June 2020, resulting in ZIM's year-over-year carried volume tripling the global volume growth rate. Fourth Quarter and Full Year 2021 Highlights, Yair Seroussi, Chairman of the Board of Directors stated, "2021 was a transformative year for ZIM. Delayed quotes by FIS. These returns cover a period from January 1, 1988 through January 2, 2023. We remain focused on maintaining our strong execution and agility in 2022 and beyond, while advancing the highest standards of corporate governance and responsibility. Visit Performance Disclosure for information about the performance numbers displayed above. 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. Stock Price and Dividend Data for Ord/ZIM Integrated Shipping Services Ltd (ZIM), including dividend dates, dividend yield, company news, and key financial metrics. Register for your free account today atdata.nasdaq.com. 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 . The previous Zim Integrated Shipping Services Ltd dividend was 295c and it went ex 3 months ago and it was paid 3 months ago. 1See disclosure regarding "Use of Non-IFRS Financial Measures" below.2 2021 annual dividend includes interim dividend declared on account of Q3 2021 quarterly results already distributed. The call (and slide presentation) will be available via live webcast through ZIM's website, located at the following link. Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank. Dividend history information is presently unavailable for this company. The ex-dividend date was Nov. 28, 2022. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. The company revised full-year 2022 guidance for adjusted EBITDA of $7.4 billion to $7.7 billion and adjusted EBIT of $6 billion to $6.3 billion. With over 20 years of active participation and analysis of the US equities, options and futures markets, Mr. Yu brings fresh insights into the workings of the financial markets. It makes one wonder why ZIM isn't a no-brainer buy for income investors. Type a symbol or company name. 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. Daily market news in bullet point format. We also respect individual opinionsthey represent the unvarnished thinking of our people and exacting analysis of our research processes. Hard copies of the Annual Report will be provided free of charge upon request from the Company. (844) 978-6257. Get short term trading ideas from the MarketBeat Idea Engine. Best dividend capture stocks in Mar. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. To access the live conference call by telephone, please dial the following numbers: United States +1-855-265-6958 or +1-718-705-8796; Israel +972-3-721-9662 or UK/international +44-1-212-818-004. 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. 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.Payment of the Dividend is expected . You can find more details by going to one of the sections under this page such as ex-date, dividend and . Analyst Alexia Dogani believes the industry will be oversupplied from 2023 through 2024. ZIM's current earnings per share, an indicator of a company's profitability, is $28.16. SOURCE ZIM Integrated Shipping Services Ltd. ZIM Integrated Shipping Services Ltd. The next dividend for ZIM is projected to be 2.95. The many accomplishments of the past year and our remarkable performance, both financially and operationally, are the direct outcome of the unrivaled execution of our talented and dedicated management team and employees around the world, supported by the Board. These statements are only predictions based on the Company's current expectations and projections about future events or results. 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. A cash dividend payment of $2.5 per share is scheduled to be paid on December 27, 2021. Many profitable companies pay dividends to their shareholders periodically . Factors that could cause such differences include, but are not limited to: market changes in freight, bunker, charter and other rates or prices, new legislation or regulation affecting the Company's operations, new competition and changes in the competitive environment, the outcome of legal proceedings to which the Company is a party, global and/or regional political instability, and other risks and uncertainties detailed from time to time in the Company's filings with the U.S. Securities and Exchange Commission (SEC), including under the caption "Risk Factors" inits 2021 Annual Report filed with the SEC today. See what's happening in the market right now with MarketBeat's real-time news feed. Use of Non-IFRS Measures in the Company's 2022 Guidance A reconciliation of the Company's non-IFRS financial measures included in its full-year 2022 guidance to corresponding IFRS measures is not available on a forward-looking basis. contact@marketbeat.com In 2021, we took important steps to best position ZIM for long term enduring growth and value creation for our shareholders. ZIM Integrated Shipping Services's most recent ex-dividend date was Monday, November 28, 2022. Although the Company believes the expectations reflected in the forward-looking statements contained herein are reasonable, it cannot guarantee future results, level of activity, performance or achievements. Wed like to share more about how we work and what drives our day-to-day business. The payable date was Dec. 7, 2022, for shareholders of record on Nov. 29, 2022. Is the 49% Dividend Yield for ZIM Integrated Shipping For Real? If you experience any issues with this process, please contact us for further assistance. Nothing shall substitute for the independent investigations and sound judgement of our users. 9 Andrei Sakharov St. (Matam Center) Adjusted EBITDAis a non-IFRS financial measure which we define as net income (loss) adjusted to exclude financial expenses (income), net, income taxes, depreciation and amortization in order to reach EBITDA, 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. ZIM Integrated Shipping Services's most recent Quarterly dividend payment of $2.95 per share was made to shareholders on Wednesday, December 7, 2022. ZIM Integrated Shipping Services (ZIM) Quote Overview, ZIM Integrated Shipping Services (ZIM) Dividend History. ", 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. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. General Withholding Tax Treatment under Israeli Law Data Link's cloud-based technology platform allows you to search, discover and access data and analytics for seamless integration via cloud APIs. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. 2023, Nasdaq, Inc. All Rights Reserved. ", Eli Glickman, ZIM President & CEO, stated, "In our first year as the only global container liner listed on New York Stock Exchange, ZIM has achieved historically extraordinary results and executed on commitments made during our IPO process. Past performance is no guarantee of future results. Learn more on ZIM's annual dividend history. Here's 3 Dividend Stocks That Pay Monthly, 3 Lithium Stocks Powering Up For Big 2023 Gains, Why You Absolutely Must Buy Dividend Stocks This Year, Get 30 Days of MarketBeat All Access Free, Sign in to your free account to enjoy these benefits. 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. Payment of the Dividend is expected to be made on April 4, 2022 (the "Payment Date"). Years of Dividend Increase. Payment of the Dividend. Visit www.zacksdata.com to get our data and content for your mobile app or website. Type a symbol or company name. P.O. In addition to the foregoing, the Shareholder will provide a written declaration in the form annexed to this announcement which will include declarations as to the following: (i) the Shareholder's tax residence, (ii) the Shareholder's beneficial ownership of the dividend, (iii) the investment in ZIM shares has not been made through a permanent establishment in Israel, (iv) the holding of ZIM shares is made for the Shareholder's own account and not for the account of others, and (v) the payment will not be made to a permanent establishment of the Shareholder outside of the Shareholder's tax residence. Box 15067, Haifa 3190500, Israel, +972-4-865-2300 Nasdaq Dividend History provides straightforward stocks historical dividends data. When was ZIM Integrated Shipping Services's most recent ex-dividend date? ZIM competes with other shippers like Diana Shipping Inc. (NYSE: DSX) and Genco Shipping & Trading Ltd. (NYSE: GNK). You must click the activation link in order to complete your subscription. Reconciliation items between operating income and Adjusted EBIT in the fourth quarter and full year were minor, Revenues for the fourth quarter were $3.47 billion, a year-over-year increase of 155%; revenues for the full year were $10.73 billion, a year-over-year increase of 169%, Carried volume in the fourth quarter was 858 thousand TEUs, a year-over-year increase of 7%. 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. 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. Zim Integrated Shipping Services's next ex-dividend date has not been announced yet. These 11 stocks will be Dividend Kings in 5 years or less. Adjusted EBIT was $5.82 billion for the full year of 2021, compared to $729 million for the full year of 2020. Contact Jea Yu via email at JeaYu21@gmail.com. Use of Non-IFRS Financial Measures The Company presents non-IFRS measures as additional performance measures as the Company believes that it enables the comparison of operating performance between periods on a consistent basis. Annual Report on Form 20-F for 2021 In accordance with rule 203.01 of the NYSE, the Company's Annual Report filed with the Securities and Exchange Commission on March 9, 2022, on Form 20-F is available on the Company's website. in Liberal Arts and minor in Business Administration from the University of Maryland. 326 E 8th St #105, Sioux Falls, SD 57103 Should you invest $1,000 in ZIM Integrated Shipping Services right now? The New York Times Reports: "No existing defense can stop it." Our daily ratings and market update email newsletter. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Notwithstanding the foregoing, no refund of excess tax withholding shall be affected by the Agent with respect to any Shareholder holding more than 5% of the issued share capital of the Company, or whose entitlement to dividend from the Company pursuant to the Dividend exceeds $500,000, other than in accordance with a specific approval issued by the ITA. The bounce from there forms the handle as shares rally again to the cup lip line on a breakout attempting to hold above there. ZIM has a $2.5 dividend Ex-dividend date is tomorrow, 12/15/21 Israel is charging a 25% tax on this dividend, which will be Zacks Rank Education - Learn about the Zacks Rank, Zacks Rank Home - Zacks Rank resources in one place, Zacks Premium - The only way to fully access the Zacks Rank. In order to facilitate the implementation of the procedures set forth in the Ruling for the benefit of its Shareholders, the Company appointed ESOP Management & Trust Services Ltd to serve as a processing agent for the benefit of the Shareholders in connection with the distribution of the Dividend (the "Agent"). Enter the number of Atlas Corp. (ATCO) Stock Data. ZIM Integrated Shipping: Are the Bears Losing Their Grip? Is Target Stock Aiming For A Breakout In 2023? Want to know last day to get shares to enjoy March dividend. About ZIM ZIM (NYSE: ZIM) is a global container liner shipping company with leadership positions in the markets in which it operates. Is Most-Watched Stock ZIM Integrated Shipping Services Ltd. (ZIM) Worth Betting on Now? To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research. The Best High-Yield Dividend Stocks for 2023. Notably, we are seizing the opportunity to be at the forefront of carbon intensity reduction among global liners, with 28 eco-friendly LNG dual-fuel container vessels due to be delivered to us between 2023 and 2024, which could account for 40% of our operated capacity. Dividend Capture Strategy for ZIM Dividend capture strategy is based on ZIM's historical data. Shares staged a rally on the weekly market structure low (MSL) breakout through $18.19. The most recent change in the company's dividend was a decrease of $1.80 on Wednesday, November 16, 2022. 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. 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. General Withholding Tax Treatment under Israeli Law. Export data to Excel for your own analysis. By creating a free account, you agree to our, Want Monthly Income? 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. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. See the reconciliation of net income to Adjusted EBITDA and Adjusted EBIT and net cash generated from operating activities to free cash flow under "Reconciliation of Non-IFRS Measures" below. ZIM CEO Eli Glickman commented, "The proactive steps we have taken over the past two years, combined with our balance sheet strength, have transformed ZIM and significantly enhanced our resilience both commercially and operationally, to best position our Company for the 'new normal.. Additional information about ZIM is available at www.ZIM.com. ZIM Integrated Shipping Services distributed $2.95 per share that represents a 114.89% dividend yield. The scores are based on the trading styles of Value, Growth, and Momentum. Verify your identity, personalize the content you receive, or create and administer your account. Net income for the full year of 2021 included a tax expense of $1.01 billion. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. These symbols will be available throughout the site during your session. , and 1 special character ) Quote Overview, ZIM Integrated Shipping for Real 114.89..., or create and administer your account in business Administration from the University of zim special dividend ex dividend date shall substitute for the year. Payment of $ 2.5 per share that represents a 114.89 % dividend Yield for is... 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