ZIM Integrated has declared a $0.06 quarterly dividend, in line with previous payments. The forward yield is 1.77%. The dividend will be payable on September 9, with a record date of September 2 and an ex-dividend date of September 2.
ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) has announced its next ex-dividend date as September 2, 2025. The company has declared a quarterly dividend of $0.06 per share, in line with its previous payments [2]. The dividend will be payable on September 9, 2025, with a record date of September 2 and an ex-dividend date also on September 2 [2].
The forward yield for ZIM stands at 1.77%, indicating the annual return based on the current share price and the declared dividend [2]. The company's trailing 12-month dividend yield is 53.8%, reflecting the dividend income over the past year [1]. Over the last three years, ZIM has increased its dividend five times and decreased it four times [1].
ZIM has also updated its shareholders regarding the withholding tax procedures on the September 2025 cash dividend. The Israeli Tax Authority (ITA) has issued a ruling that certain shareholders may be eligible for a reduced withholding tax rate on their dividend distribution. The ruling applies to both Israeli and non-Israeli shareholders who meet specific conditions and submit the required documentation by October 8, 2025 [3].
For shareholders who are residents of countries with which Israel has a tax treaty, the reduced withholding tax rate will be evaluated based on the applicable treaty rates. Non-Israeli corporate shareholders must provide additional documentation, such as their shareholders' register and confirmation of beneficial ownership [3].
Shareholders are encouraged to consult their own tax and financial advisors to determine their eligibility for the reduced withholding tax rate and to understand the tax consequences of their specific situations. ZIM has retained IBI Trust Management to coordinate the procedures related to the ruling [3].
References:
[1] https://marketchameleon.com/Overview/ZIM/Dividends/
[2] https://seekingalpha.com/news/4491007-zim-integrated-declares-0_06-dividend
[3] https://www.marketscreener.com/news/zim-updates-on-withholding-tax-procedures-on-september-2025-cash-dividend-ce7c50d3dc8cf024
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