ZIM Integrated Shipping: The Rally Doesn't Have Enough Legs
ZIMZIM Integrated Shipping Services .(ZIM) Seeking Alpha·2024-08-27 23:59
Thierry DosogneZIM Integrated Shipping Services Ltd. (NYSE:ZIM), the Israeli container shipping company, announced its second-quarter results on August 19th before the market opened and provided investors with some exciting news; a significant increase in its FY-2024 guidance and a chunky dividend of $0.93 per share, in what seems to be like a full reinstatement of the company's quarterly dividends. Worthless to say, ZIM also beat both the top and bottom line estimates by a wide margin, and the stock en ...