Danaos Corporation (DAC) Dividends

Danaos Corporation (DAC): $56.00

-1.36 (-2.37%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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Industry: Shipping


Ranked

of 45

in industry
DAC Ex-Dividend Date
DAC Dividend Yield
5.23%
DAC Annual Dividend
$3.00
DAC Payout Ratio

DAC Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$56.00$45.25 -56.51%

The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. Regarding Danaos Corp, the dividend discount model StockNews created for the company implies a negative return of 56.51%. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Danaos Corp are:

  • As for its position relative to other Industrials stocks that issue dividends, Danaos Corp offers a higher dividend yield than 83.48% of them.
  • Beta tells us how volatile a stock's price is relative to the broader equity index; as for DAC, approximately just 12.64% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.

DAC Dividend Chart


DAC Dividend History

Ex-Dividend Date Type Payout Amount Change
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DAC Dividends vs. Peers

DAC's dividend yield currently ranks #20 of 60 vs. its peers in the Shipping category.
Rank Symbol Name Dividend Yield
1 ZIM ZIM Integrated Shipping Services Ltd. 76.40%
2 SBLK Star Bulk Carriers Corp. 34.63%
3 LPG Dorian LPG Ltd. 34.43%
4 GOGL Golden Ocean Group Limited 28.99%
5 DSX Diana Shipping inc. common stock 26.07%
6 NPNYY Nippon Yusen 23.51%
7 EGLE Eagle Bulk Shipping Inc. 20.43%
8 SHIP Seanergy Maritime Holdings Corp 18.60%
9 GNK Genco Shipping & Trading Ltd. 15.86%
10 GRIN Grindrod Shipping Holdings Ltd. 14.83%
11 AMKBY A.P. Møller - Mærsk A/S 14.40%
12 KNOP Knot Offshore Partners LP 14.15%
13 OSGB Overseas Shipholding Group Inc 14.04%
14 OP OceanPal Inc. 11.39%
15 ESEA Euroseas Ltd. 10.08%
16 SFL Ship Finance International Limited 9.73%
17 GSL Global Ship Lease Inc. Cl A 9.51%
18 SB Safe Bulkers Inc. 7.22%
19 PANL Pangaea Logistics Solutions Ltd. 6.59%
20 DAC Danaos Corporation 5.23%
21 SSW Seaspan Corporation Seaspan Corporation Common Shares 5.05%
22 CMRE Costamare Inc. 4.87%
23 TRTN Triton International Ltd. 4.67%
24 CPLP Capital Product Partners L.P. 4.23%
25 NAT Nordic American Tankers Limited 3.95%
26 TGH Textainer Group Holdings Ltd. 3.66%
27 GLOG GasLog Ltd. Common Shares 3.45%
28 TRMD TORM plc 2.22%
29 CAI CAI International, Inc. 2.14%
30 MATX Matson, Inc. 1.95%
31 NNA Navios Maritime Acquisition Corporation Common stock 1.44%
32 INSW International Seaways, Inc. 1.43%
33 TNP Tsakos Energy Navigation Ltd Common Shares 1.21%
34 SALT Scorpio Bulkers Inc. 1.00%
35 NMM Navios Maritime Partners L.P. 0.82%
36 GLOP GasLog Partners LP Common Units representing limited partnership interests 0.80%
37 NM Navios Maritime Holdings Inc. 0.00%
38 EDRY EuroDry Ltd. 0.00%
39 DLNG Dynagas LNG Partners LP 0.00%
40 TK Teekay Corporation 0.00%
41 GASS StealthGas, Inc. - common stock 0.00%
42 OSG Overseas Shipholding Group, Inc. 0.00%
43 TOPS TOP Ships Inc. 0.00%
44 KEX Kirby Corporation 0.00%
45 TNK Teekay Tankers Ltd. 0.00%
46 CRU Crude Carriers Corporation 0.00%
47 SINO Sino-Global Shipping America, Ltd. 0.00%
48 TOO Teekay Offshore Partners L.P. Common Units representing Limited Partner Interests 0.00%
49 GLBS Globus Maritime Limited 0.00%
50 DSS Document Security Systems, Inc. 0.00%
51 NVGS Navigator Holdings Ltd. 0.00%
52 GLNG Golar LNG Limited 0.00%
53 NMCI Navios Maritime Containers L.P. 0.00%
54 ASC Ardmore Shipping Corporation 0.00%
55 GNRT Gener8 Maritime, Inc. 0.00%
56 PXS Pyxis Tankers Inc. 0.00%
57 DRYS DryShips Inc. 0.00%
58 PSHG Performance Shipping Inc 0.00%
59 CTRM Castor Maritime Inc. 0.00%
60 MSLOY Mitsui O.S.K. Lines, Ltd. 0.00%

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