Danaos Corp logo

Danaos Corp

NEW
NYSE:DAC (Greece)  
$ 124 +1.63 (+1.33%) 11:29 AM EST
4.37
P/B:
0.58
Market Cap:
$ 2.26B
Enterprise V:
$ 2.26B
Volume:
13.48K
Avg Vol (2M):
97.53K
Trade In:
Volume:
13.48K
Avg Vol (2M):
97.53K

DAC Stock Historical Dividends and Yields -Danaos Corp

Danaos Corp (DAC) pays a dividend yield of 2.87% ($3.55 per share annually). The payout ratio is 0.13. The 5-year dividend growth rate is 0%. Danaos Corp has been paying dividends since 2007.

Below is Danaos Corp's complete dividend history, ex-dividend dates, payout ratio trends, and dividend yield charts.

Dividend started since

 
2007

Years of Dividend History

 
19

Years of No Dividend Reduction

 
5

Years of Dividend Increase

 
5
2.87% (Trailing)
2.9% (Forward)

Dividend Yield

0.13
 

Dividend Payout Ratio

0%
 

Growth Rate (5-Year)

2.87%
 

Yield on Cost (5-Year)

3.5%
 

3-Year Share Buyback Ratio

* Special dividend is not included in the calculation of dividend per share and related fields

Dividend Growth


Growth Rate Yield on Cost
1 Year 6.1% 3.05%
3 Year 4.8% 3.30%
5 Year 0% 2.87%
10 Year 0% 2.87%

Danaos Corp Dividend History & Ex-Dividend Dates

Complete history of 29 dividend payments by Danaos Corp since 2007. Each row shows the ex-dividend date, amount per share, record date, pay date, and declaration date.

Danaos Corp (DAC) Dividend History
Ex-Dividend Date Amount Record Date Pay Date Declaration Date
2026-05-26 USD 0.9 2026-05-26 2026-06-04 2026-05-11
2026-02-23 USD 0.9 2026-02-23 2026-03-04 2026-02-09
2025-12-02 USD 0.9 2025-12-02 2025-12-11 2025-11-17
2025-08-19 USD 0.85 2025-08-19 2025-08-28 2025-08-04
2025-05-27 USD 0.85 2025-05-27 2025-06-05 2025-05-13
2025-02-24 USD 0.85 2025-02-24 2025-03-05 2025-02-10
2024-11-25 USD 0.85 2024-11-25 2024-12-04 2024-11-12
2024-08-20 USD 0.8 2024-08-20 2024-08-29 2024-08-05
2024-06-11 USD 0.8 2024-06-11 2024-06-20 2024-05-28
2024-02-27 USD 0.8 2024-02-28 2024-03-14 2024-02-13
2023-11-24 USD 0.8 2023-11-27 2023-12-06 2023-11-13
2023-08-22 USD 0.75 2023-08-23 2023-09-01 2023-08-07
2023-05-25 USD 0.75 2023-05-26 2023-06-07 2023-05-15
2023-02-27 USD 0.75 2023-02-28 2023-03-14 2023-02-14
2022-11-17 USD 0.75 2022-11-18 2022-11-30 2022-11-07
2022-08-16 USD 0.75 2022-08-17 2022-08-29 2022-08-01
2022-05-26 USD 0.75 2022-05-27 2022-06-08 2022-05-16
2022-02-16 USD 0.75 2022-02-17 2022-02-28 2022-02-07
2021-11-18 USD 0.5 2021-11-19 2021-12-02 2021-11-08
2021-08-13 USD 0.5 2021-08-16 2021-08-30 2021-08-02
2021-05-26 USD 0.5 2021-05-27 2021-06-09 2021-05-10
2008-11-03 USD 6.509961 2008-11-05 2008-11-19 2008-10-28
2008-08-04 USD 6.509961 2008-08-06 2008-08-20 2008-07-30
2008-04-28 USD 6.509961 2008-04-30 2008-05-14 2008-04-18
2008-01-28 USD 6.509961 2008-01-30 2008-02-14 2008-01-18
2007-10-31 USD 6.509961 2007-11-02 2007-11-16 2007-10-22
2007-08-01 USD 6.159963 2007-08-03 2007-08-17 2007-07-23
2007-05-02 USD 6.159963 2007-05-04 2007-05-18 2007-04-24
2007-01-25 USD 6.159963 2007-01-29 2007-02-14 2007-01-18

Frequently Asked Questions: DAC Dividend

What is Danaos Corp's (DAC) current dividend yield?

Danaos Corp (DAC) currently has a dividend yield of 2.87%, paying $3.55 per share annually. The forward yield is 2.9%.

What is Danaos Corp's payout ratio?

Danaos Corp's payout ratio is 0.13, which represents the percentage of earnings paid out as dividends. A lower payout ratio generally suggests more room for future dividend growth and greater safety during earnings downturns.

How long has Danaos Corp been paying dividends?

Danaos Corp has been paying dividends since 2007, a 19-year track record. The company has increased its dividend consistently since 2021.

Is Danaos Corp's dividend growing?

Danaos Corp's dividend has grown at an annualized rate of 0% over the past 5 years and 0% over the past 10 years. Dividend growth has been flat or negative recently.

Where can I see Danaos Corp's complete dividend data?

Above this section you'll find Danaos Corp's complete dividend payment history, ex-dividend dates, payout ratio trends, and yield charts. For broader analysis of Danaos Corp as an investment, visit the Danaos Corp stock summary page on GuruFocus.

Dividend Yield History

This is the historical trailing annual dividend yield of Danaos Corp. Buying stocks at higher yield relative its historical values is usually more profitable.

Dividend Per Share History

This the dividend history of Danaos Corp

Dividend Payout Ratio

This is the historical payout ratio of Danaos Corp. If the dividend payout ratio is close to or higher than 1, dividends might not be sustainable.