DAC Danaos Corporation

$111.81-1.77%
B-
Dividend Yield3.13%
Annual Dividend$3.50
Payout Ratio
N/A
Consecutive Years4 yrs
Frequencyquarterly
Next Ex-Date
N/A

Dividend Grades

vs Industrials sector
B-
Overall
B+
Yield
B-
Growth
N/ASafety
D+
Consistency
B+
Performance
MetricDACSector Median
Dividend Yield3.13%1.46%
Dividend Growth (5Y)7.37%
Payout Ratio32.7%
Consecutive Years Paid615
1Y Total Return+40.6%15.8%

Grades compare this stock to Industrials sector peers using percentile ranks. A+ = top 10%, F = bottom 10%. See methodology →

1-Year Growth

6.15%

3-Year Growth

4.77%

5-Year Growth

N/A

10-Year Growth

N/A

Key Dividend Dates

Next Ex-Date

N/A

Next Payment

N/A

Last Ex-Date

Feb 23, 2026

Last Payment

Mar 4, 2026

Dividend History

Ex-DateAmountChange
Feb 23, 2026$0.90000.00%
Dec 2, 2025$0.9000+5.88%
Aug 19, 2025$0.85000.00%
May 27, 2025$0.85000.00%
Feb 24, 2025$0.85000.00%
Nov 25, 2024$0.8500+6.25%
Aug 20, 2024$0.80000.00%
Jun 11, 2024$0.80000.00%
Feb 27, 2024$0.80000.00%
Nov 24, 2023$0.8000+6.67%
Aug 22, 2023$0.75000.00%
May 25, 2023$0.75000.00%
Feb 27, 2023$0.75000.00%
Nov 17, 2022$0.75000.00%
Aug 16, 2022$0.75000.00%
May 26, 2022$0.75000.00%
Feb 16, 2022$0.7500+50.00%
Nov 18, 2021$0.50000.00%
Aug 13, 2021$0.50000.00%
May 26, 2021$0.5000+7.53%

Payout Ratio (Earnings)

N/A

FCF Payout Ratio

N/A

Peer Comparison

SymbolCompanyYield
MATXMatson, Inc.0.92%
HAFNHafnia Limited7.80%
ZIMZIM Integrated Shipping Services Ltd.7.68%
CMBTCmb.Tech N.V.0.82%
SBLKStar Bulk Carriers Corp.2.61%

Frequently Asked Questions

Does Danaos Corporation pay a dividend?

Yes, Danaos Corporation (DAC) pays a quarterly dividend with a yield of 3.13%.

What is DAC's dividend yield?

DAC's current dividend yield is 3.13%. The annual dividend is $3.50.

When is DAC's next ex-dividend date?

The next ex-dividend date for DAC has not been announced yet.

How many years has Danaos Corporation increased its dividend?

Danaos Corporation has increased its dividend for 4 consecutive years.

About this data

Dividend data sourced from Financial Modeling Prep. Prices updated daily after market close.

Payout ratio — trailing 12-month dividends paid / trailing 12-month net income.

Consecutive years — calendar years with a higher total annual dividend than the prior year.

Growth rates — annualized, comparing the most recent full year total to the total N years prior.

For informational purposes only. Not investment advice.

Data as of March 22, 2026. Source: Financial Modeling Prep. Prices and yields updated daily after market close.