Danaos Corporation (DAC) Dividends

Danaos Corporation (DAC): $78.68

4.18 (+5.61%)

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
3.81%
DAC Annual Dividend
$3.00
DAC Payout Ratio

DAC Price Forecast Based on Dividend Discount Model

Current PriceDDM 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.
Rank Symbol Name Dividend Yield
1 OP OceanPal Inc. 31.95%
2 ZIM ZIM Integrated Shipping Services Ltd. 29.98%
3 LPG Dorian LPG Ltd. 28.94%
4 SBLK Star Bulk Carriers Corp. 25.15%
5 GOGL Golden Ocean Group Limited 23.59%
6 GNK Genco Shipping & Trading Ltd. 14.48%
7 DSX Diana Shipping inc. common stock 14.31%
8 OSGB Overseas Shipholding Group Inc 14.04%
9 KNOP Knot Offshore Partners LP 12.32%
10 EGLE Eagle Bulk Shipping Inc. 12.31%
11 GRIN Grindrod Shipping Holdings Ltd. 10.96%
12 AMKBY A.P. Møller - Mærsk A/S 8.85%
13 SHIP Seanergy Maritime Holdings Corp 8.55%
14 SFL Ship Finance International Limited 7.14%
15 SSW Seaspan Corporation Seaspan Corporation Common Shares 5.05%
16 GSL Global Ship Lease Inc. Cl A 4.42%
17 TRTN Triton International Ltd. 4.12%
18 CPLP Capital Product Partners L.P. 3.80%
19 DAC Danaos Corporation 3.80%
20 NPNYY Nippon Yusen 3.58%
21 GLOG GasLog Ltd. Common Shares 3.45%
22 PANL Pangaea Logistics Solutions Ltd. 3.42%
23 CMRE Costamare Inc. 3.33%
24 TGH Textainer Group Holdings Ltd. 3.13%
25 CAI CAI International, Inc. 2.14%
26 NAT Nordic American Tankers Limited 1.53%
27 NNA Navios Maritime Acquisition Corporation Common stock 1.44%
28 MATX Matson, Inc. 1.31%
29 SB Safe Bulkers Inc. 1.18%
30 INSW International Seaways, Inc. 1.02%
31 SALT Scorpio Bulkers Inc. 1.00%
32 TNP Tsakos Energy Navigation Ltd Common Shares 0.87%
33 GLOP GasLog Partners LP Common Units representing limited partnership interests 0.80%
34 NMM Navios Maritime Partners L.P. 0.70%
35 NM Navios Maritime Holdings Inc. 0.00%
36 EDRY EuroDry Ltd. 0.00%
37 DLNG Dynagas LNG Partners LP 0.00%
38 TK Teekay Corporation 0.00%
39 GASS StealthGas, Inc. - common stock 0.00%
40 OSG Overseas Shipholding Group, Inc. 0.00%
41 TOPS TOP Ships Inc. 0.00%
42 KEX Kirby Corporation 0.00%
43 TNK Teekay Tankers Ltd. 0.00%
44 CRU Crude Carriers Corporation 0.00%
45 SINO Sino-Global Shipping America, Ltd. 0.00%
46 TOO Teekay Offshore Partners L.P. Common Units representing Limited Partner Interests 0.00%
47 GLBS Globus Maritime Limited 0.00%
48 DSS Document Security Systems, Inc. 0.00%
49 NVGS Navigator Holdings Ltd. 0.00%
50 GLNG Golar LNG Limited 0.00%
51 ESEA Euroseas Ltd. 0.00%
52 NMCI Navios Maritime Containers L.P. 0.00%
53 TRMD TORM plc 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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