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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 16.07%) 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.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends Zim Integrated Shipping Services. The Motley Fool has a disclosure policy.
Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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