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Pastimes : The Beaver Lodge

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To: Cogito Ergo Sum who wrote (2485)3/12/2022 10:38:26 AM
From: stuffbug  Read Replies (1) of 2935
 
I expect my ZIM shares to be called away at $75 in about a week's time.
April covered calls but ex-div date is March 22nd ($17 before 25% Israeli withholding).

I suspect you own ZIM in a Canadian brokerage account.
It is easier in Canada than in the U.S. to recover dividend tax paid to foreign countries.
U.S. residents have extra paperwork whereas in Canada the tax software does all the work based on the T-slip data provided by the financial institution.

Top U.S. analyst raised his price target after earnings conference call.
Lot of moving parts with ZIM (great analysis on Seeking Alpha).
ZIM could face headwinds in 2023 depending on how well they execute their new ventures (ZIM was bankrupt a couple of years ago and went public in the teens last year).

In the meantime there should be plenty of trading opportunities.
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