The company's dividend policy dictated that ZIM cut the dividend payout.
Fool.com contributor and finance professor Parkev Tatevosian provides a deeper analysis of why ZIM's (ZIM 0.60%) management team paused the dividend payment.
*Stock prices used were the afternoon prices of June 15, 2023. The video was published on June 17, 2023.
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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