DAC
Danaos
dividend history, payout ratio & dates
- Stocks
- Industrials
- NYSE: DAC
- Dividend
Last dividend date: Jul 21, 2026
Dividend yield: 3.17%
Payout ratio: 15.7%
Danaos's latest dividend was on Jul 21, 2026 (ex-date) with a payout of $0.9 per share. On an annualized basis, the company has a current payout of $4.45 per share. This brings the dividend yield to 3.17% based on its recent close price.
DAC dividend stats
vs. Industrials sector
Danaos Dividend yield
Danaos's dividend yield of 3.17% is higher than the Industrials sector, the industry and its peers average. In comparison with the Industrials sector average of 1.46%, Danaos's dividend yield is 117% higher. The historical 5-year average of DAC's dividend yield is 3.7%, which is higher than the current one.
DAC Dividend history
Danaos has been paying dividends for the last five consecutive years. DAC has distributed five dividends in the past year. The annualized dividend per share has an increase of 7% for the last twelve months. But with the price of the stock up by 52% from a year ago, the dividend yield has decreased by 30%.
Danaos Dividend history chart
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Jul 21, 2026 | $0.9 | 3.39% |
| May 26, 2026 | $0.9 | 2.74% |
| Feb 23, 2026 | $0.9 | 3.22% |
| Dec 2, 2025 | $0.9 | 3.57% |
| Aug 19, 2025 | $0.85 | 3.69% |
| May 27, 2025 | $0.85 | 4.93% |
| Feb 24, 2025 | $0.85 | 3.99% |
| Nov 25, 2024 | $0.85 | 4.02% |
| Aug 20, 2024 | $0.8 | 3.85% |
| Jun 11, 2024 | $0.8 | 3.43% |
| Feb 27, 2024 | $0.8 | 4.26% |
| Nov 24, 2023 | $0.8 | 4.4% |
| Aug 22, 2023 | $0.75 | 4.45% |
| May 25, 2023 | $0.75 | 5.1% |
| Feb 27, 2023 | $0.75 | 4.99% |
| Nov 17, 2022 | $0.75 | 5.38% |
| Aug 16, 2022 | $0.75 | 3.76% |
| May 26, 2022 | $0.75 | 3.03% |
| Feb 16, 2022 | $0.75 | 2.28% |
| Nov 18, 2021 | $0.5 | 2.08% |
| Aug 13, 2021 | $0.5 | 1.41% |
| May 26, 2021 | $0.5 | 0.82% |
Danaos dividend payout ratio
Payout ratio
Danaos's payout ratio of 15.7% is above its peers average but below the Industrials sector and the industry average. If we compare it with its Industrials sector average of 32.8%, Danaos's payout ratio is 52% lower.
Total amount of dividends paid per financial year (from cash flow)
DAC dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| ESEA Euroseas Ltd | 4.68% | $3.6 | 18.9% |
| DAC Danaos Corporation | 3.17% | $4.45 | 15.7% |
| CMRE Costamare Inc | 2.99% | $0.47 | 17.5% |
| DSX Diana Shipping Inc | 1.78% | $0.04 | 11.4% |
| NMM Navios Maritime Partners L.P. | 0.27% | $0.21 | 1.9% |
Frequently asked questions
Does Danaos pay a dividend?
Yes, Danaos has been paying dividends for the last five years.
When was DAC's last dividend?
Danaos's last dividend ex-date was on Jul 21, 2026. The dividend amount was $0.9 per share.
How much dividend does Danaos pay (per share)?
On an annual basis DAC pays $4.45 per share.
What is Danaos's dividend yield?
Currently Danaos's dividend yield is 3.17%.
What is Danaos's dividend payout ratio?
The dividend payout ratio of Danaos is 15.7%.
Does Danaos pay a good dividend?
Danaos's dividend yield is higher than the Industrials sector average.
Special dividends are included in TTM DPS and yield.