Danaos Corporation (DAC) Dividends

Danaos Corporation (DAC): $91.76

1.81 (+2.01%)

POWR Rating

Component Grades

Momentum

B

Stability

C

Sentiment

Quality

B

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Industry: Shipping

Industry

A

Ranked

#15 of 43

in industry
DAC Ex-Dividend Date
DAC Dividend Yield
3.56%
DAC Annual Dividend
$3.20
DAC Payout Ratio

DAC Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$91.76$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 History

Ex-Dividend Date Type Payout Amount Change
2024-06-11Dividend$0.80--
2024-02-27Dividend$0.80--
2023-11-24Dividend$0.80+6.67%
2023-08-22Dividend$0.75--
2023-05-25Dividend$0.75--
2023-02-27Dividend$0.75--
2022-11-17Dividend$0.75--
2022-08-16Dividend$0.75--
2022-05-26Dividend$0.75--
2022-02-16Dividend$0.75+50.00%
2021-11-18Dividend$0.50--
2021-08-13Dividend$0.50--
2021-05-26Dividend$0.50+6.38%
2019-05-02Split1-14-for-1 Stock SplitN/A
2008-11-03Dividend$0.47--
2008-08-04Dividend$0.47--
2008-04-28Dividend$0.47--
2008-01-28Dividend$0.47--
2007-10-31Dividend$0.47+5.68%
2007-08-01Dividend$0.44--
2007-05-02Dividend$0.44--
2007-01-25Dividend$0.44--


DAC Dividends vs. Peers

DAC's dividend yield currently ranks #55 of 64 vs. its peers in the Shipping category.
Rank Symbol Name Dividend Yield
1 SALT Scorpio Bulkers Inc. 0.00%
2 NM Navios Maritime Holdings Inc. 0.00%
3 SBLK Star Bulk Carriers Corp. 0.00%
4 ZIM ZIM Integrated Shipping Services Ltd. 0.00%
5 OP OceanPal Inc. 0.00%
6 OSGB Overseas Shipholding Group Inc 0.00%
7 SB Safe Bulkers Inc. 0.00%
8 EDRY EuroDry Ltd. 0.00%
9 DLNG Dynagas LNG Partners LP 0.00%
10 NMM Navios Maritime Partners L.P. 0.00%
11 NNA Navios Maritime Acquisition Corporation Common stock 0.00%
12 TGH Textainer Group Holdings Ltd. 0.00%
13 EGLE Eagle Bulk Shipping Inc. 0.00%
14 BWLP BW LPG Limited 0.00%
15 HAFN Hafnia Ltd. 0.00%
16 TK Teekay Corporation 0.00%
17 GASS StealthGas, Inc. - common stock 0.00%
18 SFL Ship Finance International Limited 0.00%
19 DSX Diana Shipping inc. common stock 0.00%
20 SHIP Seanergy Maritime Holdings Corp 0.00%
21 AMKBY A.P. Moeller-Maersk A/S ADR 0.00%
22 OSG Overseas Shipholding Group, Inc. 0.00%
23 CPLP Capital Product Partners L.P. 0.00%
24 MSLOY Mitsui O.S.K. Lines, Ltd. 0.00%
25 TOPS TOP Ships Inc. 0.00%
26 INSW International Seaways, Inc. 0.00%
27 KEX Kirby Corporation 0.00%
28 TNK Teekay Tankers Ltd. 0.00%
29 TNP Tsakos Energy Navigation Ltd Common Shares 0.00%
30 CMRE Costamare Inc. 0.00%
31 CRU Crude Carriers Corporation 0.00%
32 SINO Sino-Global Shipping America, Ltd. 0.00%
33 TOO Teekay Offshore Partners L.P. Common Units representing Limited Partner Interests 0.00%
34 GLBS Globus Maritime Limited 0.00%
35 DSS Document Security Systems, Inc. 0.00%
36 NVGS Navigator Holdings Ltd. 0.00%
37 GLNG Golar LNG Limited 0.00%
38 ESEA Euroseas Ltd. 0.00%
39 NMCI Navios Maritime Containers L.P. 0.00%
40 KNOP Knot Offshore Partners LP 0.00%
41 GOGL Golden Ocean Group Limited 0.00%
42 TRTN Triton International Ltd. 0.00%
43 TRMD TORM plc 0.00%
44 NPNYY Nippon Yusen 0.00%
45 SSW Seaspan Corporation Seaspan Corporation Common Shares 0.00%
46 ASC Ardmore Shipping Corporation 0.00%
47 CAI CAI International, Inc. 0.00%
48 PANL Pangaea Logistics Solutions Ltd. 0.00%
49 GNK Genco Shipping & Trading Ltd. 0.00%
50 GLOG GasLog Ltd. Common Shares 0.00%
51 GLOP GasLog Partners LP Common Units representing limited partnership interests 0.00%
52 LPG Dorian LPG Ltd. 0.00%
53 NAT Nordic American Tankers Limited 0.00%
54 GNRT Gener8 Maritime, Inc. 0.00%
55 DAC Danaos Corporation 0.00%
56 PXS Pyxis Tankers Inc. 0.00%
57 GRIN Grindrod Shipping Holdings Ltd. 0.00%
58 SFWL Shengfeng Development Ltd. 0.00%
59 HSHP Himalaya Shipping Ltd. 0.00%
60 MATX Matson, Inc. 0.00%
61 DRYS DryShips Inc. 0.00%
62 PSHG Performance Shipping Inc 0.00%
63 CTRM Castor Maritime Inc. 0.00%
64 GSL Global Ship Lease Inc. Cl A 0.00%

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