ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) Increases Dividend to $0.88 Per Share

Market Beat
2026.03.09 21:31
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ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) has announced a quarterly dividend of $0.88 per share, a significant increase of 183.9% from the previous dividend of $0.31. The dividend will be paid on March 26th to shareholders of record as of March 20th, with an annualized yield of 12.1%. Despite a payout ratio of -3.1%, analysts expect ZIM to earn $2.99 per share next year, allowing it to cover the dividend. The company's stock traded at $29.11, with a market cap of $3.51 billion and a PE ratio of 3.50.