jwesth @jwesth: "𝙈𝙖𝙚𝙧𝙨𝙠 𝙞𝙨 𝙨𝙚𝙚𝙞𝙣𝙜 𝙖 𝙩𝙚𝙘𝙝𝙣𝙞𝙘𝙖𝙡..."

United Kingdom

𝙈𝙖𝙚𝙧𝙨𝙠 𝙞𝙨 𝙨𝙚𝙚𝙞𝙣𝙜 𝙖 𝙩𝙚𝙘𝙝𝙣𝙞𝙘𝙖𝙡 𝙙𝙧𝙤𝙥 𝙩𝙝𝙞𝙨 𝙢𝙤𝙧𝙣𝙞𝙣𝙜 𝙙𝙪𝙚 𝙩𝙤 𝙙𝙞𝙫𝙞𝙙𝙚𝙣𝙙 𝙥𝙖𝙮𝙤𝙪𝙩𝙨 🚢 Danish shipping giant $MAERSKB.CO (A P Moller Maersk) is dropping 5% and c.450 DKK this morning, with the stock now trading below 9,000 DKK. 📉 The reason for the drop is the ex-dividend date today - everyone who holds the stock at the opening on 15 March is entitled to the dividend payout of 515 DKK, which will hit shareholders' accounts later in March. 💸 With Maersk paying out 515 DKK, its cash reserve and equity drops accordingly. The payout transfers value from Maersk to the shareholders' pockets, and the company valuation has to drop accordingly, explaining the c. 450 DKK drop this morning. 💡 Maersk shareholders can benefit from a solid 5% dividend yield. Non-shareholders can now buy the stock at c. 5% below yesterday's price but must also be much more patient when it comes to receiving dividend payments. $DSV.CO (DSV A/S) $ZIM (ZIM Shipping Services Ltd) $HLAG.DE (Hapag-Lloyd) $KNIN.ZU (Kuehne & Nagel International AG)

4 Mentioned

MAERSKB.CO

A P Moller Maersk

ZIM

ZIM Shipping Services Ltd

HLAG.DE

Hapag-Lloyd

KNIN.ZU

Kuehne & Nagel International AG