ZIM Integrated Shipping Services Ltd.
ZIMIndustrials · Stock · quarterly payer
Forward Yield
7.88%
Annual Dividend
$1.99
Payout Ratio
243%
5-Yr Growth
—
Ex-Date
Mar 20, 2026
Frequency
Quarterly
Summary
As of July 2026, ZIM Integrated Shipping Services Ltd. (ZIM) yields 7.88% ($1.99 per share annually), with a blended fair-value estimate of $35.43 — +46% upside, so it screens as undervalued. Dividend safety grade: D (47/100). 1 years of dividend growth.
Is ZIM a good dividend stock?
MixedZIM Integrated Shipping Services Ltd. (ZIM) pays a quarterly dividend yielding 7.88% ($1.99/yr), with 1 year of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2024
- Elevated payout ratio (243%)
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- 7.88%
- Payout Ratio
- 243%
- Annual Dividend
- $1.99
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Mar 20, 2026
- Years of Growth
- 1
- Frequency
- quarterly
- Beta
- 1.12
- Market Cap
- $2.9B
- P/E Ratio
- 29.6
- 5-Yr Total Return
- -50%
- 52-Week Range
- $12.33 – $29.97
- Dividend Safety
- D · 47/100
- Ever Cut?
- Yes (2024)
Frequently Asked Questions
ZIM Price — Last 12 Months
Daily close
Price Return
1 Year
+79%
3 Years
+101%
5 Years
-50%
52-Week Range
$12.33 – $29.97
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is ZIM worth?
Undervaluedmedium confidenceOur blended fair-value estimate for ZIM Integrated Shipping Services Ltd. is $35.43 per share, versus a market price of $24.30. That implies 46% of upside — a margin of safety of about 31%.
Fair Value
$35.43
Current Price
$24.30
Upside
+46%
Margin of Safety
31%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 20.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 9.9% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $0.82 EPS, $1.99 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
ZIM Dividend Safety Score
Risky
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 20, 2026 | — | $0.8800 | regular |
| Jun 2, 2025 | — | $0.7400 | regular |
| Mar 24, 2025 | — | $3.1700 | regular |
| Dec 2, 2024 | — | $3.6500 | regular |
| Aug 29, 2024 | — | $0.9300 | regular |
| Jun 4, 2024 | — | $0.2300 | regular |
| Apr 4, 2023 | — | $6.4000 | regular |
| Nov 28, 2022 | — | $2.9500 | regular |
| Aug 26, 2022 | — | $4.7500 | regular |
| May 27, 2022 | — | $2.8500 | regular |
| Mar 22, 2022 | — | $17.0000 | regular |
| Dec 15, 2021 | — | $2.5000 | regular |
| Aug 24, 2021 | — | $2.0000 | regular |
Income Calculator
At $1.99 / yr per share
