investors@zim.com. These 11 stocks will be Dividend Kings in 5 years or less. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. You can sign up for additional alert options at any time. It's the "other" problem with ZIM as a pure dividend play. On the ex-dividend date, Nov. 28, 2022, ZIM opened at $22.97, down ($2.70) or (10.5%). Since 1988 it has more than doubled the S&P 500 with an average gain of +24.28% per year. The average freight rate per TEU was $2,786 for the full year of 2021, compared to $1,229 for the full year of 2020. Visit ourDividend Calendar: Our partner, Quotemedia, provides the upcoming ex-dividend dates for the next month (Other OTC & OTCBB stocks are not included in coverage for Dividend History). The call (and slide presentation) will be available via live webcast through ZIM's website, located at the following link. 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. Hard copies of the Annual Report will be provided free of charge upon request from the Company. Weighted average number of shares for EPS calculation: CONSOLIDATED On the Payment Date the Company will withhold 25% of the Dividend amount and will remit the tax amount to the Agent, to be handled by the Agent in accordance with the terms and conditions of the Ruling. By creating a free account, you agree to our, Want Monthly Income? At ZIM Integrated Shipping Services Ltd, we promise to treat your data with respect and will not share your information with any third party. All future dividends are subject to the Company's Board discretion and to the restrictions provided by Israeli law. This compares to 39% and 32% for the fourth quarter of 2020. CBS News Reports: "It's an entirely new type of weapon." In some cases, you can identify these statements by forward-looking words such as "may," "might," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of these terms and other comparable terminology. And, if last year's timeframe is a good guide, then the Q4 Ex-Dividend Date should be on or about March 22, 2023. Financial and Operating Highlights for the Full Year Ended December 31, 2021 Total revenues were $10.73 billion for the full year of 2021, compared to $3.99 billion for the full year of 2020, primarily driven by an increase in revenues from containerized cargo, reflecting increases in freight rates and carried volume. Pullback support levels are $21.08 weekly MSH trigger, $20.20 handle low, $19.13, $18.19 weekly MSL trigger, and $17.57. We encourage you to contact the Agent if you need any clarifications in filling-in the forms required under the Ruling to obtain a Reduced Withholding Tax Rate, or if you have any questions concerning the process. contact@marketbeat.com The Ruling solely deals with the withholding tax question and does not exhaust the full tax liability of any Shareholder. View Is the 49% Dividend Yield for ZIM Integrated Shipping For Real? Get short term trading ideas from the MarketBeat Idea Engine. Enter your email address below to receive the DividendStocks.com newsletter, a concise daily summary of stocks that are about to go ex-dividend as well as new dividend announcements. A stock's ex-dividend date is the day new shareholders are no longer eligible to receive an upcoming dividend payment. Subject to receipt by the Agent of your required documentation, the Agent will return the amounts withheld to the Shareholders as detailed above to the account at which the dividend payment was made within 30 days from the date the amounts withheld are paid to the ITA. Its 49% dividend is a real standout. [BREAKING] New "Living Missile" to Replace Nuclear Missiles. Nasdaq Data provided by Nasdaq Data Link, a premier source for financial, economic and alternative datasets. Is Target Stock Aiming For A Breakout In 2023? When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. We provide a platform for our authors to report on investments fairly, accurately, and from the investors point of view. This includes personalizing content and advertising. Payment of the Dividend is expected to be made on September 15, 2021 (the "Payment Date"), to the Shareholders on record as at close of trading on August 25, 2021. 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. These returns cover a period from January 1, 1988 through January 2, 2023. The company reported an earnings-per-share (EPS) profit of $9.66, excluding non-recurring items, beating consensus analyst estimates by $0.19. HAIFA, Israel, March 9, 2022 /PRNewswire/ --ZIM Integrated Shipping Services Ltd.(NYSE: ZIM), a global container liner shipping company, announced today its consolidated results for the three and twelve months ended December 31, 2021. 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. 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. 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 Add Zim Integrated Shipping Services Ltd to receive free notifications when they declare their dividends. Is Target Stock Aiming For A Breakout In 2023? There are typically 4 dividends per year (excluding specials). 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. Will Q4 Results Send Zoom Video Stock Higher? (844) 978-6257. We are excited to carry the exceptional momentum of 2021 forward into 2022, and well beyond. 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. Please note that the dividend history might include thecompanys preferred securities as well. Step 1: Buy ZIM shares 1 day before the ex-dividend date purchase date (estimate) Apr 03, 2023 Upcoming Ex-dividend date Apr 04, 2023 Step 2: SEll ZIM shares when price recovers sell date (estimate) Shares staged a rally on the weekly market structure low (MSL) breakout through $18.19. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. Verify your identity, personalize the content you receive, or create and administer your account. We also returned substantial capital to shareholders, highlighted by a full year dividend of $19.50 per share, reflective of 50% of our 2021 net income. Net cash generated from operating activities was $5.97 billion for the full year of 2021, compared to $881 million for the full year of 2020. 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. American Consumer News, LLC dba MarketBeat 2010-2023. Daqo Contracts During 4th Quarter, Becomes Value Play for 2023. A cash dividend payment of $2.5 per share is scheduled to be paid on December 27, 2021.. 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. 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. Get daily stock ideas from top-performing Wall Street analysts. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. 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. 7:58 PM ET. Capital expenditures totaled $1.01 billion for the year ended December 31, 2021, compared with $43 million for the year ended December 31, 2020. After submitting your request, you will receive an activation email to the requested email address. 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). ZIM's payout ratio currently sits at 39% of earnings. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. 3 Large Caps With Good Upside AND Big Dividend Yields, Why You Absolutely Must Buy Dividend Stocks This Year, 24.04% based on the trailing year of earnings. The vessels are due to be delivered to ZIM throughout 2023 and 2024, Subsequent to year end, announced extension and modification of operational cooperation agreement with the 2M alliance partners, 10 x 15,000 TEU LNG dual-fuel container vessels chartered from Seaspan, intended to serve on the Asia to US East Coast trade, 18 x 7,000 TEU LNG dual-fuel container vessels chartered from Seaspan (15 vessels) and an affiliate of Kenon Holdings (3 vessels), intended to serve across various global trades, 8 x 5,300 TEU wide beam vessels chartered from Navios Maritime Partners, intended to serve in trades between Asia and Africa. Private Securities Litigation Reform Act of 1995 and the Israeli Securities Law, 1968). When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. ZacksTrade and Zacks.com are separate companies. Touch device users, explore by touch or with swipe gestures. 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. 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. You can sign up for additional alert options at any time. Fourth Quarter and Full Year 2021 Highlights, Yair Seroussi, Chairman of the Board of Directors stated, "2021 was a transformative year for ZIM. 0 yrs. Zacks Ranks stocks can, and often do, change throughout the month. 326 E 8th St #105, Sioux Falls, SD 57103 Do Not Sell My Personal Information (CA Residents Only). 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. ZIM Integrated Shipping Services's most recent ex-dividend date was Monday, November 28, 2022. Wed like to share more about how we work and what drives our day-to-day business. We also respect individual opinionsthey represent the unvarnished thinking of our people and exacting analysis of our research processes. View 3 Midcap Energy Stocks Set For Triple-Digit Earnings Growth, View Want Monthly Income? 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. 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. Copy and paste multiple symbols separated by spaces. Avner ShatsZIM Integrated Shipping Services Ltd.+972-4-865-2520shats.avner@zim.com, Elana HolzmanZIM Integrated Shipping Services Ltd.+972-4-865-2300holzman.elana@zim.com, Leon BermanThe IGB Group212-477-8438lberman@igbir.com, View original content:https://www.prnewswire.com/news-releases/withholding-tax-procedures-on-a-special-dividend-to-be-distributed-by-zim-in-september-2021-301360480.html. Identify stocks that meet your criteria using seven unique stock screeners. The ex-dividend date was Nov. 28, 2022. 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