*SOLD* ZIM Integrated Shipping WHY Now Is The Time to Sell This High Yield Shipping Stock
Автор: Honorable Investing
Загружено: 2024-10-22
Просмотров: 1776
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ZIM Integrated Shipping is s stock i've held for the past year, collecting HUGE Dividends along the way and eventually selling it for a small capital gain. ZIM was a profitable investment for me as I was able to sell for a gain because the stock price rose up so fast. I seen an opportunity to sell and I took it, I still believe ZIM is a great company but With shipping rates falling I felt ZIM will likely trend downward in the future and for that reason I sold when I was given the chance.
Due to an Increase in Shipping Rates ZIM was able to dish our Massive Dividend Yields but as Shipping Rates began to fall. so did there Dividends. I still Own and HOLD ZIM in my Portfolio and have no intention of SELLING my Shares. I am a Long Term holder of ZIM and Believe that although they might not get back to there Massive 100%+ Dividends, they will still Payout Great Dividends in the future to Investors who are Patient.
I believe ZIM has a good chance to be Profitable and go back to paying a dividend if Rates stay high and they increase there total TEU carried. Watch out for ZIM dividend in may when they report there next earnings. May Earnings Estimates
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