ZIM valuation question


Help me understand…. ZIM IPOs at $11.50 Jan-2021. By Mar-2022 ZIM declares and pays dividends totaling $21. How do folks justify buying companies that never plan to pay a dividend when you could buy a company like ZIM? Theoretically we value stocks based on future dividends correct?


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *