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Danaos (DAC) Dividend Yield, Date & History

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$80.99
-0.12 (-0.15%)
(As of 11:01 AM ET)

Dividend Summary

Dividend Yield
3.95%
Annual Dividend
$3.20
Dividend Payout Ratio
10.86%
Recent
Dividend Payment
Aug. 29
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DAC Dividend Yield Over Time

Danaos vs. The Competition

TypeDanaosTransportation CompaniesNYSE Companies
Annual Dividend$3.20$1.47$1.40
Dividend Yield3.95%443.70%351.51%
Annualized 3-Year Dividend Growth0.00%28.30%15.70%

Danaos Dividend Payout Ratio

TypePayout Ratio
Based on Trailing 12 Months of Earnings10.86%
Based on This Year's Estimates11.26%
Based on Next Year's Estimates11.75%
Based on Cashflow9.82%

Danaos Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/5/2024Quarterly$0.803.97%8/20/20248/20/20248/29/2024
5/28/2024Quarterly$0.803.64%6/11/20246/11/20246/20/2024
2/13/2024Quarterly$0.804.41%2/27/20242/28/20243/14/2024
11/13/2023Quarterly$0.804.75%11/24/202311/27/202312/6/2023
8/7/2023Quarterly$0.754.4%8/22/20238/23/20239/1/2023
5/15/2023Quarterly$0.754.86%5/25/20235/26/20236/7/2023
2/14/2023Quarterly$0.755.23%2/27/20232/28/20233/14/2023
11/7/2022Quarterly$0.755.09%11/17/202211/18/202211/30/2022
8/1/2022Quarterly$0.753.93%8/16/20228/17/20228/29/2022
5/16/2022Quarterly$0.753.8%5/26/20225/27/20226/8/2022
2/7/2022Quarterly$0.753.13%2/16/20222/17/20222/28/2022
11/8/2021Quarterly$0.502.64%11/18/202111/19/202112/2/2021
8/2/2021Quarterly$0.502.89%8/13/20218/16/20218/30/2021
5/10/2021Quarterly$0.503.54%5/26/20215/27/20216/9/2021
(Data available from 1/1/2013 forward)

Danaos Dividend - Frequently Asked Questions

What is Danaos's dividend yield?

The current dividend yield for Danaos is 3.95%. Learn more on DAC's dividend yield history.

How much is Danaos's annual dividend?

The annual dividend for DAC shares is $3.20. Learn more on DAC's annual dividend history.

How often does Danaos pay dividends?

Danaos pays quarterly dividends to shareholders.

When was Danaos's most recent dividend payment?

Danaos's most recent quarterly dividend payment of $0.80 per share was made to shareholders on Thursday, August 29, 2024.

When was Danaos's most recent ex-dividend date?

Danaos's most recent ex-dividend date was Tuesday, August 20, 2024.

When did Danaos last increase or decrease its dividend?

The most recent change in the company's dividend was an increase of $0.05 on Monday, November 13, 2023.

What is Danaos's dividend payout ratio?
The dividend payout ratio for DAC is:
  • 10.86% based on the trailing year of earnings
  • 11.26% based on this year's estimates
  • 11.75% based on next year's estimates
  • 9.82% based on cash flow
Is Danaos a good dividend stock?

Danaos' dividend yield of 3.86% is lower than the average Transportation company that issues a dividend. Danaos' dividend payout ratio of 10.86% is at a healthy, sustainable level, below 75% of its earnings.


This page (NYSE:DAC) was last updated on 10/30/2024 by MarketBeat.com Staff
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