Reddit discussions about ZIM Integrated Shipping Services Ltd. are currently focused on the company's dividend policies and tax implications for U.S. investors. One user speculated on the fourth quarter dividend, suggesting it could be over $4.00, which would be a significant return on their investment. Another user expressed optimism, hoping for a dividend in the $5-6 range if market conditions remain favorable. The conversation also touched on the potential for the stock to dip in the short term due to market maneuvers by shorts and market makers.
In another thread, users discussed the withholding tax procedures for ZIM's dividends, highlighting the 25% Israeli tax withholding and the possibility of claiming a Foreign Tax Credit in the U.S. One user shared their experience with the tax process, noting that their CPA helps them take advantage of the Foreign Tax Credit to reduce their tax burden. The discussion provided detailed steps for U.S. investors to file for this credit, emphasizing the importance of consulting with a tax professional.
ZIM Integrated Shipping Services Ltd. (ZIM) is currently trading at $20.12, reflecting a 1.56% increase from the previous close.