Danaos (Danaos) 5-Year Yield-on-Cost % : 4.13 (As of Apr. 28, 2024)

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What is Danaos 5-Year Yield-on-Cost %?

Danaos's yield on cost for the quarter that ended in Dec. 2023 was 4.13.

The historical rank and industry rank for Danaos's 5-Year Yield-on-Cost % or its related term are showing as below:

DAC' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.58 Med: 4.15 Max: 5.78
Current: 4.13

During the past 13 years, Danaos's highest Yield on Cost was 5.78. The lowest was 0.58. And the median was 4.15.

DAC's 5-Year Yield-on-Cost % is ranked better than
56.8% of 625 companies
in the Transportation industry
Industry Median: 3.52 vs DAC: 4.13

Competitive Comparison of Danaos's 5-Year Yield-on-Cost %

For the Marine Shipping subindustry, Danaos's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Danaos's 5-Year Yield-on-Cost % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Danaos's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Danaos's 5-Year Yield-on-Cost % falls into.

Danaos 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Danaos is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Danaos (NYSE:DAC) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.

Danaos 5-Year Yield-on-Cost % Related Terms

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Danaos (Danaos) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Danaos Corp (NYSE:DAC) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

DVW1:Germany

Address

c/o Danaos Shipping Co. Ltd, 14 Akti Kondyli, Piraeus, GRC, 185 45

Website

https://www.danaos.com

Danaos Corp is an international owner of containerships. It provides international seaborne transportation services by operating vessels in the containership sector of the shipping industry. The company's customer includes CMA-CGM, Hyundai Merchant Marine, MSC, Yang Ming, Hapag Lloyd, ZIM, Maersk, COSCO, OOCL, Evergreen, KMTC, SITC, Niledutch, Samudera and ONE; and for Gemini, MSC, CMA-CGM, Hapag Lloyd and TS Lines. Geographically, the company operates in Australia-Asia, Europe, and America, with maximum revenue from the Australia-Asia region.