Danaos Corporation (DAC) Dividend Yield, History & Forecast

Danaos Corporation (DAC) is a Marine Shipping company in the Industrials sector listed on the New York Stock Exchange. It pays a current dividend yield of 2.82% ($3.55 per share annually (TTM)), with 4 years of consecutive dividend increases. The most recent ex-dividend date was May 26, 2026, with payment scheduled for June 4, 2026. The trailing twelve-month payout ratio is 12.7%; the market capitalization is approximately $2.10B.

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Frequently Asked Questions about Danaos Corporation (DAC)

What is Danaos Corporation's dividend yield?
Danaos Corporation (DAC) pays a current trailing twelve-month dividend yield of 2.82%, which works out to $3.55 per share annually based on the most recent payout schedule.
When does Danaos Corporation pay its next dividend?
The most recent ex-dividend date was May 26, 2026. The next scheduled dividend payment date is June 4, 2026.
How many years has Danaos Corporation increased its dividend?
Danaos Corporation (DAC) has increased its dividend for 4 consecutive years.
Is Danaos Corporation a Dividend Aristocrat?
No. Dividend Aristocrat status requires an S&P 500 listing and 25 or more consecutive years of dividend increases. Danaos Corporation (DAC) currently has 4 years of consecutive increases.
What sector is Danaos Corporation in?
Danaos Corporation (DAC) operates in the Industrials sector, specifically the Marine Shipping industry.
What is Danaos Corporation's dividend payout ratio?
Danaos Corporation (DAC)'s trailing twelve-month dividend payout ratio is 12.7%. The payout ratio measures what percentage of earnings is paid out as dividends — a lower ratio generally suggests a more sustainable dividend.