S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
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3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold

Danaos (DAC) Dividend Yield, Date & History

$72.96
+1.00 (+1.39%)
(As of 04/19/2024 ET)

Dividend Summary

Dividend Yield
4.39%
Annual Dividend
$3.20
Dividend Increase
Track Record
2 Years
Dividend Payout Ratio
11.05%
Recent
Dividend Payment
Mar. 14
Skip Charts & View Dividend History

Danaos vs. The Competition

TypeDanaosTransportation CompaniesNYSE Companies
Annual Dividend$3.20$1.53$1.51
Dividend Yield4.39%393.22%362.19%
Annualized 3-Year Dividend Growth0.00%2,438.90%1,348.14%
Track Record2 years5 years9 years

Danaos Dividend Payout Ratio

TypePayout Ratio
Based on Trailing 12 Months of Earnings11.05%
Based on This Year's Estimates10.21%
Based on Next Year's Estimates12.24%
Based on Cashflow9.17%

Danaos Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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 4.39%. 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, March 14, 2024.

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

Danaos's most recent ex-dividend date was Tuesday, February 27, 2024.

What track record does Danaos have of raising its dividend?

Danaos has increased its dividend for the past 2 consecutive years.

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:
  • 11.05% based on the trailing year of earnings
  • 10.21% based on this year's estimates
  • 12.24% based on next year's estimates
  • 9.17% based on cash flow
This page (NYSE:DAC) was last updated on 4/19/2024 by MarketBeat.com Staff

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