Danaos Corporation

Danaos Corporationverified

DAC

Price:

$79.295

Market Cap:

$1.53B

Danaos Corporation, together with its subsidiaries, owns and operates containerships in Australia, Asia, Europe, and the United States. The company offers seaborne transportation services, such as chartering its vessels to liner companies. As of February 28, 2022, it had a fleet of 71 containerships aggregating 436,589 twenty-foot equivalent units in capacity. The company was formerly known as Danaos Holdings Limited and changed its name to Danaos Corporation in October 2005. Danaos Corporation was founded in 1963 and is based in Piraeus, Greece.[Read more]

Industry

Marine Shipping

IPO Date

2006-10-16

Stock Exchange

NYSE

Ticker

DAC

The Dividend Yield as of September 2024 (TTM) for Danaos Corporation (DAC) is 4.04%

According to Danaos Corporation’s latest financial reports and current stock price. The company's current Dividend Yield is 4.04%. This represents a change of 289.94% compared to the average of 1.03% of the last 4 quarters.

Danaos Corporation (DAC) Historical Dividend Yield (quarterly & annually)

How has DAC Dividend Yield performed in the past?

The mean historical Dividend Yield of Danaos Corporation over the last ten years is 1.18%. The current 4.04% Dividend Yield has changed 241.08% with respect to the historical average. Over the past ten years (40 quarters), DAC's Dividend Yield was at its highest in in the December 2022 quarter at 1.50%. The Dividend Yield was at its lowest in in the September 2014 quarter at 0%.

Quarterly (TTM)
Annual

Average

1.18%

Median

0%

Minimum

0%

Maximum

5.70%

Danaos Corporation (DAC) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of Danaos Corporation Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 0%

Maximum Annual Dividend Yield = 5.70%

Minimum Annual Increase = 0%

Minimum Annual Dividend Yield = 0%

Quarterly (TTM)
Annual
YearDividend YieldChange
20234.10%-28.11%
20225.70%180.30%
20212.03%Infinity%
20200%0%
20190%0%
20180%0%
20170%0%
20160%0%
20150%0%
20140%0%

Danaos Corporation (DAC) Average Dividend Yield

How has DAC Dividend Yield performed in the past?

The current Dividend Yield of Danaos Corporation (DAC) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

3.94%

5-year avg

2.37%

10-year avg

1.18%

Danaos Corporation (DAC) Dividend Yield vs. Peers

How is DAC’s Dividend Yield compared to its peers?

Danaos Corporation’s Dividend Yield is less than Genco Shipping & Trading Limited (7.58%), less than Costamare Inc. (3.39%), less than Eagle Bulk Shipping Inc. (1.12%), less than Ardmore Shipping Corporation (6.03%), less than Global Ship Lease, Inc. (6.51%), less than Capital Product Partners L.P. (3.58%), less than Euroseas Ltd. (5.27%), less than Navios Maritime Partners L.P. (0.36%), greater than Navios Maritime Holdings Inc. (0%), less than Star Bulk Carriers Corp. (10.03%), less than Golden Ocean Group Limited (8.42%), less than Diana Shipping Inc. (16.03%),

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