DAC Danaos dividend history, payout ratio & dates
- Stocks
- Industrials
- NYSE: DAC
- Dividend
Last dividend date: May 27, 2025
Dividend yield: 4.89%
Payout ratio: 16.9%
Danaos's latest dividend was on May 27, 2025 (ex-date) with a payout of $0.85 per share. On an annualized basis, the company has a current payout of $4.15 per share. This brings the dividend yield to 4.93% based on its recent close price.
DAC dividend stats
vs. Industrials sector
Danaos Dividend yield
Danaos's dividend yield of 4.93% is higher than the Industrials sector and the industry average. In comparison with the Industrials sector average of 1.54%, Danaos's dividend yield is 220% higher.
DAC Dividend history
Danaos has been paying dividends for the last four consecutive years. DAC has distributed five dividends in the past year. The annualized dividend per share has an increase of 34% for the last twelve months. And with the price of the stock down by 13% from a year ago, the dividend yield has an increase of 54%.
Danaos Dividend history chart
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| 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 16.9% is below the Industrials sector and the industry average. If we compare it with its Industrials sector average of 35.6%, Danaos's payout ratio is 53% lower.
Total amount of dividends paid per financial year (from cash flow)
DAC dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| CMRE Costamare Inc | 28.98% | $2.51 | 102.9% |
| ESEA Euroseas Ltd | 19.18% | $7.53 | 46.3% |
| DSX Diana Shipping Inc | 10.76% | $0.17 | 283.3% |
| DAC Danaos Corporation | 4.89% | $4.15 | 16.9% |
| NMM Navios Maritime Partners L.P. | 0.51% | $0.2 | 1.4% |
Frequently asked questions
Does Danaos pay a dividend?
Yes, Danaos has been paying dividends for the last four years.
When was DAC's last dividend?
Danaos's last dividend ex-date was on May 27, 2025. The dividend amount was $0.85 per share.
How much dividend does Danaos pay (per share)?
On an annual basis DAC pays $4.15 per share.
What is Danaos's dividend yield?
Currently Danaos's dividend yield is 4.93%.
What is Danaos's dividend payout ratio?
The dividend payout ratio of Danaos is 16.9%.
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.