ZIM Integrated: Dividend Reintroduction Is A Game Changer
ZIMZIM Integrated Shipping Services .(ZIM) seekingalpha.com·2024-05-23 20:41

Thierry Dosogne/DigitalVision via Getty Images An improving outlook for the shipping industry as well as soaring container shipping rates have fundamentally changed the value proposition for shipping logistics provider ZIM Integrated Shipping Services (NYSE:ZIM). The company reported strong solid fiscal quarter results, chiefly due to a recovery in freight rates, and finally brought back its dividend, which has reignited enthusiasm for ZIM Integrated Shipping’s shares. The shipping firm also raised its EBIT ...