ZIM Announces Updated Withholding Tax Procedures for June 2025 Dividend

ZIM Integrated Shipping Services ( (ZIM) ) has issued an update.

On May 29, 2025, ZIM Integrated Shipping Services announced an update regarding the withholding tax procedures for a previously declared dividend distribution set for June 9, 2025. The company has obtained an extension of a tax ruling from the Israeli Tax Authority, allowing certain shareholders to benefit from a reduced Israeli withholding tax rate on their dividends. This development is significant for shareholders as it may reduce their tax liabilities, enhancing the attractiveness of ZIM’s dividend payouts.

The most recent analyst rating on (ZIM) stock is a Hold with a $17.00 price target. To see the full list of analyst forecasts on ZIM Integrated Shipping Services stock, see the ZIM Stock Forecast page.

Spark’s Take on ZIM Stock

According to Spark, TipRanks’ AI Analyst, ZIM is a Outperform.

ZIM Integrated Shipping Services presents a compelling investment case with strong financial performance and attractive valuation. The company showcases impressive income growth, strong cash flows, and a robust dividend yield. However, technical indicators suggest possible overbought conditions, and external uncertainties like trade tensions and port fees pose risks. Overall, ZIM is well-positioned, but investors should monitor geopolitical developments closely.

To see Spark’s full report on ZIM stock, click here.

More about ZIM Integrated Shipping Services

ZIM Integrated Shipping Services Ltd. is a global container liner shipping company. The company is involved in the transportation of goods through its extensive shipping network, focusing on providing efficient and reliable shipping services worldwide.

Average Trading Volume: 7,215,377

Technical Sentiment Signal: Strong Buy

Current Market Cap: $2.11B

For detailed information about ZIM stock, go to TipRanks’ Stock Analysis page.