ZIM Integrated Shipping: The Dividend Is Roaring Back
ZIM Integrated Shipping Services .(ZIM) Seeking Alpha·2024-09-04 13:14
thitivong ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) is profiting from a hell of a recovery in sea freight prices in 2024. The Haifa-based shipping company bumped up its EBIT outlook for the present financial year by a considerable amount and recorded much higher gross and net profits than in the last year. In addition, the improved profit outlook drastically enhances ZIM Integrated Shipping's appeal as a dividend stock: The shipping company pays a quarterly dividend based on profitability and its 2Q2 ...