Danaos (DAC) Dividend Yield, Date & History

$82.40

-0.71 (-0.85%)

(As of 08/21/2024 ET)

DAC Dividend Payments

Type	Danaos	Transportation Companies	NYSE Companies
Annual Dividend	$3.20	$1.42	$1.39
Dividend Yield	3.88%	398.34%	352.26%
Annualized 3-Year Dividend Growth	0.00%	25.31%	15.61%

Type	Payout Ratio
Based on Trailing 12 Months of Earnings	10.86%
Based on This Year's Estimates	10.94%
Based on Next Year's Estimates	11.03%
Based on Cashflow	9.48%

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
8/5/2024	Quarterly	$0.80	3.97%	8/20/2024	8/20/2024	8/29/2024
5/28/2024	Quarterly	$0.80	3.64%	6/11/2024	6/11/2024	6/20/2024
2/13/2024	Quarterly	$0.80	4.41%	2/27/2024	2/28/2024	3/14/2024
11/13/2023	Quarterly	$0.80	4.75%	11/24/2023	11/27/2023	12/6/2023
8/7/2023	Quarterly	$0.75	4.4%	8/22/2023	8/23/2023	9/1/2023
5/15/2023	Quarterly	$0.75	4.86%	5/25/2023	5/26/2023	6/7/2023
2/14/2023	Quarterly	$0.75	5.23%	2/27/2023	2/28/2023	3/14/2023
11/7/2022	Quarterly	$0.75	5.09%	11/17/2022	11/18/2022	11/30/2022
8/1/2022	Quarterly	$0.75	3.93%	8/16/2022	8/17/2022	8/29/2022
5/16/2022	Quarterly	$0.75	3.8%	5/26/2022	5/27/2022	6/8/2022
2/7/2022	Quarterly	$0.75	3.13%	2/16/2022	2/17/2022	2/28/2022
11/8/2021	Quarterly	$0.50	2.64%	11/18/2021	11/19/2021	12/2/2021
8/2/2021	Quarterly	$0.50	2.89%	8/13/2021	8/16/2021	8/30/2021
5/10/2021	Quarterly	$0.50	3.54%	5/26/2021	5/27/2021	6/9/2021

(Data available from 1/1/2013 forward)

What is Danaos's dividend yield?: The current dividend yield for Danaos is 3.88%. 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 is Danaos's next dividend payment?: Danaos's next quarterly dividend payment of $0.80 per share will be made to shareholders on Thursday, August 29, 2024.
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, June 20, 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

10.94% based on this year's estimates

11.03% based on next year's estimates

9.48% based on cash flow
Is Danaos a good dividend stock?: Danaos' dividend yield of 3.90% 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.