Danaos Corporation (DAC) Dividends
DAC Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $78.68 | $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 #19 of 60 vs. its peers in the Shipping category.