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NYSE: DAC
Danaos Corp Stock Dividend Yield & Dates

OverviewForecastEarningsRevenueDividend
Ownership

DAC dividend stability and growth

Last Dividend per share
$0.8500
Forward Dividend yield
4.11%
DAC's dividend has not dropped... subscribe to Premium to read more.
Dividend Stability Dividend
DAC dividends have increased over... subscribe to Premium to read more.
Consistent Dividend Growth Dividend

DAC dividend yield vs industry/market

Company
4.07%
Industry
22.07%
DAC dividends (4.07%) are in... subscribe to Premium to read more.
Top 75% Dividend Dividend
DAC dividends (4.07%) are not... subscribe to Premium to read more.
Top 25% Dividend Dividend

DAC dividend payout ratio

Danaos Corp paid out 12.6% of its earnings over the trailing twelve months.

Retained earnings
87.4%
Payout ratio
12.6%
DAC earnings ($505.07M) are sufficient... subscribe to Premium to read more.
Dividend Payout Ratio Dividend

DAC vs Shipping Stocks

TickerDiv. YieldStable?Drop Count (L10Y)Payout Ratio
DAC4.07%Yes0+12.60%
GOGL13.60%No8+93.80%
BWLP4.25%0+91.30%
SBLK14.52%No7+75.10%
CDLRN/AN/A0.00%
View Top Shipping Stocks

DAC dividend dates

Last dividend payment date
Aug 29, 2024
Last ex-dividend date
Aug 20, 2024

Be the first to know when DAC increases or cuts their dividend.

Danaos Dividends FAQ

Does Danaos pay a dividend?

Yes, DAC has paid a dividend within the past 3 months.


If you're new to stock investing, here's how to buy Danaos stock.

What is Danaos's Dividend Payment Date?

Danaos's last dividend payment date was on 2024-08-29, when Danaos shareholders who owned DAC shares before 2024-08-20 received a dividend payment of $0.8000 per share. Danaos's next dividend payment date has not been announced yet. Add DAC to your watchlist to be reminded of DAC's next dividend payment.

Is Danaos's dividend stable?

Yes, DAC's dividend has been stable for the last 10 years.

Does Danaos have sufficient earnings to cover their dividend?

Yes, DAC's past year earnings per share was $26.15, and their annual dividend per share is $3.30. DAC's dividend payout ratio is 12.6%, which is sustainable.

How much is Danaos's dividend?

DAC pays a dividend of $3.30 per share. DAC's annual dividend yield is 4.07%. Danaos's dividend is lower than the US industry average of 22.07%, and it is higher than the US market average of 3.79%.

What is Danaos's Ex-Dividend Date?

Danaos's previous ex-dividend date was on 2024-08-20. Danaos shareholders who own DAC stock before this date received Danaos's last dividend payment of $0.8000 per share on 2024-08-29. Danaos's next ex-dividend date has not been announced yet. Add DAC to your watchlist to be reminded before DAC's ex-dividend date.

Is Danaos's dividend showing long-term growth?

Yes, DAC's' dividend has been growing over the last 10 years.
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