Usually, Ex-Date is 1 day before the Day of Record, but ZIM is quite different. Having such a long Ex-Date after the day of record!? U have to hold the entire time to earn a dividend.
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Dr JMoo : it is because this time the dividend is more than 25% of its share price this time. the special rules kicks in, the exdividend day will be 1 month deferred
courageous Dove_0592 Dr JMoo: This dividend is extremely rare in the world. Generally speaking, an annual interest rate of 10% can be owned for a long time. The income is ridiculously high, and there is no corresponding sharp rise in stock prices. At least it shows that there is a problem, because financial institutions all over the world aren't stupid; they haven't been robbed of such high quality stocks? So you should pay attention!
cockNTail : I just read that ZIM requires us to hold until 4-4-2023. I was going to hold it anyways. looks like China is about to go through another economic downturn.
Risky InvestorOP cockNTail: bro, I am buying up some Kenon [Scowl] . whenever ZIM has a dividend, Kenon will also have a decent payout. ZIM dividend has been Kenon's biggest source of income. When ZIM is back to 17-19. I will buy it again.
cockNTail : let me study and due dd