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 4.77% based on its recent close price.
Danaos's dividend yield of 4.77% is higher than the Industrials sector and the industry average. In comparison with the Industrials sector average of 1.53%, Danaos's dividend yield is 212% higher.
Danaos has been paying dividends for the last four consecutive years. DAC has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 32% for the last twelve months. And with the price of the stock down by 7% from a year ago, the dividend yield has an increase of 42%.
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'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 35.1%, Danaos's payout ratio is 52% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
CMRE Costamare Inc | 26.93% | $2.51 | 102.9% |
ESEA Euroseas Ltd | 16.46% | $7.53 | 40.3% |
DSX Diana Shipping Inc | 6.65% | $0.11 | 175% |
DAC Danaos Corporation | 4.78% | $4.15 | 16.9% |
NMM Navios Maritime Partners L.P. | 0.53% | $0.2 | 1.5% |
Yes, Danaos has been paying dividends for the last four years.
Danaos's last dividend ex-date was on May 27, 2025. The dividend amount was $0.85 per share.
On an annual basis DAC pays $4.15 per share.
Currently Danaos's dividend yield is 4.77%.
The dividend payout ratio of Danaos is 16.9%.
Danaos's dividend yield is higher than the Industrials sector average.
Special dividends are included in TTM DPS and yield.