Vale and Zim Integrated Shipping Services sport ultra-high dividend yields and compelling long-term valuations.
Welcome, and thank you for joining the ZIM Integrated Shipping Service Q2 2022 earnings conference call. Thank you, Francy, and welcome to ZIM's second quarter 2022 financial results conference call. Joining me on the call today are Eli Glickman, ZIM's president and CEO; and Xavier Destriau, ZIM's CFO.
Year-to-date, ZIM shares have been notably strong, increasing by a double-digit 11% in value and extensively outperforming the S&P 500.