Danaos Corporation

Danaos Corporation DAC

Dividend Summary

The next Danaos Corporation dividend is expected to go ex in 2 months and to be paid in 3 months.
The previous Danaos Corporation dividend was 85c and it went ex 28 days ago and it was paid 19 days ago.
There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 2.0.

Latest Dividends
Summary Previous dividend Next dividend
Status Paid Forecast
Type Quarterly Quarterly
Per share 85c Sign Up Required
Declaration date 12 Nov 2024 (Tue) 11 Feb 2025 (Tue)
Ex-div date 25 Nov 2024 (Mon) 26 Feb 2025 (Wed)
Pay date 04 Dec 2024 (Wed) 13 Mar 2025 (Thu)

Enter the number of Danaos Corporation shares you hold and we'll calculate your dividend payments:

Previous Payment
Next Payment
Forecast Accuracy
81%
Our premium tools have predicted Danaos Corporation with 81% accuracy.
Dividend Yield Today
4.3%
The dividend yield is calculated by dividing the annual dividend payment by the prevailing share price
The table below shows the full dividend history for Danaos Corporation
Status Type Decl. date Ex-div date Pay date Decl. Currency Forecast amount Decl. amount Accuracy
Forecast Quarterly 09 Feb 2027 24 Feb 2027 11 Mar 2027 USD Sign up
Forecast Quarterly 12 Nov 2026 23 Nov 2026 02 Dec 2026 USD Sign up
Forecast Quarterly 03 Aug 2026 18 Aug 2026 27 Aug 2026 USD Sign up
Forecast Quarterly 26 May 2026 09 Jun 2026 22 Jun 2026 USD Sign up
Forecast Quarterly 10 Feb 2026 25 Feb 2026 12 Mar 2026 USD Sign up
Forecast Quarterly 12 Nov 2025 24 Nov 2025 03 Dec 2025 USD Sign up
Forecast Quarterly 04 Aug 2025 19 Aug 2025 28 Aug 2025 USD Sign up
Forecast Quarterly 27 May 2025 10 Jun 2025 20 Jun 2025 USD Sign up
Forecast Quarterly 11 Feb 2025 26 Feb 2025 13 Mar 2025 USD Sign up
Paid Quarterly 12 Nov 2024 25 Nov 2024 04 Dec 2024 USD 85c 85c 😄
Paid Quarterly 05 Aug 2024 20 Aug 2024 29 Aug 2024 USD 80c 80c 😄
Paid Quarterly 28 May 2024 11 Jun 2024 20 Jun 2024 USD 80c 80c 😄
Paid Quarterly 13 Feb 2024 27 Feb 2024 14 Mar 2024 USD 80c 80c 😄
Paid Quarterly 13 Nov 2023 24 Nov 2023 06 Dec 2023 USD 75c 80c 😊
Paid Quarterly 07 Aug 2023 22 Aug 2023 01 Sep 2023 USD 75c 75c 😄
Paid Quarterly 15 May 2023 25 May 2023 07 Jun 2023 USD 98c 75c 😒
Paid Quarterly 14 Feb 2023 27 Feb 2023 14 Mar 2023 USD 75c 75c 😄
Paid Quarterly 07 Nov 2022 17 Nov 2022 30 Nov 2022 USD 75c 75c 😄
Paid Quarterly 01 Aug 2022 16 Aug 2022 29 Aug 2022 USD 75c 75c 😄
Paid Quarterly 16 May 2022 26 May 2022 08 Jun 2022 USD 75c 75c 😄
Paid Quarterly 07 Feb 2022 16 Feb 2022 28 Feb 2022 USD 50c 75c 😞
Paid Quarterly 08 Nov 2021 18 Nov 2021 02 Dec 2021 USD 50c
Paid Quarterly 02 Aug 2021 13 Aug 2021 30 Aug 2021 USD 50c
Paid Quarterly 10 May 2021 26 May 2021 09 Jun 2021 USD 50c
Year Amount Change
2006 0.0c
2007 0.0c
0%
2008 0.0c
0%
2009 0.0c
0%
2010 0.0c
0%
2011 0.0c
0%
2012 0.0c
0%
2013 0.0c
0%
2014 0.0c
0%
2015 0.0c
0%
2016 0.0c
0%
2017 0.0c
0%
2018 0.0c
0%
2019 0.0c
0%
2020 0.0c
0%
2021 225.0c
100%
2022 300.0c
33.3%
2023 310.0c
3.3%
2024 Sign Up Required
2025 Sign Up Required
2026 Sign Up Required

Danaos Corporation Optimized Dividend Chart

The chart below shows the optimized dividends for this security over a rolling 12-month period.
Dividend Yield Today
4.3%
Optimized Yield
Sign Up Required
52 Week High
6.8% on 20 February 2024
52 Week Low
3.8% on 11 June 2024
Next Ex-Div-Date Countdown
Sign Up Required

About Danaos Corporation

Danaos Corporation is a holding company and an international owner of containerships, chartering its vessels to a range of liner companies. The Company's principal business is the acquisition and operation of vessels. The Company conducts its operations through the vessel owning companies, whose principal activity is the ownership and operation of containerships that are under the management of a related party of the company. The Company's manager is Danaos Shipping Company Limited (Danaos Shipping). The Company has a fleet of over 50 containerships aggregating approximately 329,590 twenty-foot equivalent units (TEUs). Its containership fleet includes approximately 53 containerships deployed on time charters and approximately two containerships deployed on bareboat charter. Gemini Shipholdings Corporation (Gemini), a company beneficially owned by the Company, owns approximately four additional containerships of over 24,000 TEU aggregate capacity.

Sector
Shipping
Country
United States
Share Price
$76.40 (yesterday's closing price)
Shares in Issue
19 million
Market Cap
$1.5bn
Dividend Cover
How many times is the dividend covered by company income. A cover of 1 means all income is paid out in dividends
2.0
CADI
The Consecutive Annual Dividend Increases - the number of years this company has been increasing its dividends
3
Market Indices
none
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