DAC Dividend History & Analysis | 3.9% Yield

DAC has a dividend yield of 3.9% and paid 3.45 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 3.89%
Payout Ratio 14.5%
Growth Rate CAGR 5y 23.15%
Consistency Lifetime 32.5%
Yield on Cost 5y 14.81%
Payout FCF 18.5%
Streak Years 5
Dividend Rating 64.25%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.
■ Yield (right) | ■ Price (left) | ┅ Avg Yield
Total Return 12m: 38.2%
Total Return 5y: 349.7%

Top Dividend Payers in Marine Transportation

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
ZIM 2,657 M 26.7% 127%
FLNG 1,428 M 12.3% 65.9%
ESEA 383 M 5.71% 50.9%
ECO 1,484 M 7.78% 42.4%
GSL 1,291 M 7.78% 23.7%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
SHIP 203 M 38.2% 12.8%
GSL 1,291 M 29.7% 33.4%
ESEA 383 M 28.3% 44.7%
MATX 5,053 M 7.20% 94.6%
PANL 532 M 18.9% 69.9%

Quality Dividend Peers in Marine Transportation

GSL
Global Ship Lease
 7.78% Yield
ECO
Okeanis Eco Tankers
 7.78% Yield
ESEA
Euroseas
 5.71% Yield
MATX
Matson
 1.25% Yield
CMRE
Costamare
 4.73% Yield

DAC Dividend History: Last 27 Payments (USD) as of January 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2025-12-02 2025-12-02 2025-12-11 Quarterly 0.9 5.9% 0.93%
2025-08-19 2025-08-19 2025-08-28 Quarterly 0.85 0% 0.91%
2025-05-27 2025-05-27 2025-06-05 Quarterly 0.85 0% 1.01%
2025-02-24 2025-02-24 2025-03-05 Quarterly 0.85 0% 1.01%
2024-11-25 2024-11-25 2024-12-04 Quarterly 0.85 6.3% 1%
2024-08-20 2024-08-20 2024-08-29 Quarterly 0.8 0% 0.96%
2024-06-11 2024-06-11 2024-06-20 Quarterly 0.8 0% 0.87%
2024-02-27 2024-02-28 2024-03-14 Quarterly 0.8 0% 1.11%
2023-11-24 2023-11-27 2023-12-06 Quarterly 0.8 6.7% 1.16%
2023-08-22 2023-08-23 2023-09-01 Quarterly 0.75 0% 1.08%
2023-05-25 2023-05-26 2023-06-07 Quarterly 0.75 0% 1.28%
2023-02-27 2023-02-28 2023-03-14 Quarterly 0.75 0% 1.27%
2022-11-17 2022-11-18 2022-11-30 Quarterly 0.75 0% 1.33%
2022-08-16 2022-08-17 2022-08-29 Quarterly 0.75 0% 1.04%
2022-05-26 2022-05-27 2022-06-08 Quarterly 0.75 0% 0.92%
2022-02-16 2022-02-17 2022-02-28 Quarterly 0.75 50% 0.75%
2021-11-18 2021-11-19 2021-12-02 Quarterly 0.5 0% 0.69%
2021-08-13 2021-08-16 2021-08-30 Quarterly 0.5 0% 0.69%
2021-05-26 2021-05-27 2021-06-09 Quarterly 0.5 7.5% 0.83%
2008-11-03 2008-11-05 2008-11-19 Quarterly 0.465 0% N/A
2008-08-04 2008-08-06 2008-08-20 Quarterly 0.465 0% N/A
2008-04-28 2008-04-30 2008-05-14 Quarterly 0.465 0% N/A
2008-01-28 2008-01-30 2008-02-14 Quarterly 0.465 0% N/A
2007-10-31 2007-11-02 2007-11-16 Quarterly 0.465 5.7% N/A
2007-08-01 2007-08-03 2007-08-17 Quarterly 0.44 0% N/A
2007-05-02 2007-05-04 2007-05-18 Quarterly 0.44 0% N/A
2007-01-25 2007-01-29 2007-02-14 Other 0.44 0% N/A

DAC Dividend FAQ

Danaos Corporation (NYSE:DAC) operates a mixed fleet of containerships and dry-bulk vessels across Australia, Europe, and the United States, split into two reporting segments: Container Vessels and Drybulk Vessels. The company’s core service is seaborne transportation, leveraging long-term charters and spot market exposure to capture freight-rate cycles.

What is the Dividend Yield of DAC?

As of January 2026, DAC`s dividend yield is 3.89%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 3.45 USD by the current share price of 104.74.

Does DAC pay a dividend?

As of January 2026, DAC paid a dividend of 3.45 USD in the last 12 months. The last dividend was paid on 2025-12-02 and the payout was 0.9 USD.

How often does DAC pay dividends?

DAC pays dividends quarterly. Over the last 12 months, DAC has issued 4 dividend payments. The last dividend payment was made on 2025-12-02.

DAC dividend forecast

Based on historical data, the forecasted dividends per share for DAC for the next 4 payments are between 0.889 (-1.2%) and 0.905 (+0.6%).
This suggests the dividend will remain relatively stable.

Will DAC pay dividends in 2026?

The latest dividend paid per share was 0.9 USD with an Ex-Dividend Date of 2025-12-02. The next Ex-Dividend date for Danaos (DAC) is currently unknown.

What is the next Ex-Dividend Date for DAC?

The next Ex-Dividend date for Danaos (DAC) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of DAC?

DAC's average dividend growth rate over the past 5 years is 23.2% per year.
Strong growth: DAC's Dividend growth is outpacing inflation.

What is the Yield on Cost of DAC?

DAC's 5-Year Yield on Cost is 14.8%. If you bought DAC's shares at 23.29 USD five years ago, your current annual dividend income (3.45 USD per share, trailing 12 months) equals 14.8% of your original purchase price.

What is the Payout Consistency of DAC?

DAC Payout Consistency is 32.5%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Very unstable: Danaos has a poor track record of dividend payments over its lifetime.

Does DAC have a good Dividend Yield?

DAC`s 3.89% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of DAC?

The Dividend Payout Ratio of DAC is 14.5%. Very low - Often a strong indicator of potential dividend growth.

What is the Dividend Rating of DAC?

DAC`s Overall Dividend Rating is 64.25%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

DAC Outstanding Shares Analysis

What is the Trend in DAC's Outstanding Shares?

Danaos's outstanding shares have decreased by approximately 2.81% annually over the past 3 years (Trend Reliability: -100.0%).

Shareholder-friendly: The company is actively buying back shares, reducing the share count. This increases earnings per share and often leads to higher dividends per share over time, as profits are distributed among fewer shareholders.

Has DAC ever had a Stock Split?

Yes, the last stock split was on May 2, 2019 with a ratio of 1:14.

This was a reverse split: Multiple shares were consolidated into fewer shares, increasing the price per share. This is sometimes used to meet exchange listing requirements and can be a warning sign if the company is struggling.

Year Number of Shares Annual Growth Rate
2004 3,897,000
2005 3,897,000
2006 3,897,000
2007 3,897,000
2008 3,896,200 -0.02%
2009 3,896,400 +0.01%
2010 7,758,000 +99.11%
2011 7,829,000 +0.92%
2012 7,832,400 +0.04%
2013 7,833,500 +0.01%
2014 7,841,800 +0.11%
2015 7,842,900 +0.01%
2016 7,844,700 +0.02%
2017 7,842,800 -0.02%
2018 14,939,000 +90.48%
2019 24,573,000 +64.49%
2020 24,573,000
2021 20,354,000 -17.17%
2022 20,296,300 -0.28%
2023 19,461,000 -4.12%
2024 19,220,000 -1.24%
2025 18,384,000 -4.35%

Key Metric Definitions

Dividend Yield
Annual dividend per share divided by current share price.
Payout Ratio
Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.
Payout FCF
Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.
Growth Rate (CAGR)
Compound annual growth rate of dividends over the last 5 years.
Consistency
Reliability of dividend payments over lifetime. Penalizes cuts and pauses.
Yield on Cost
Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.
Streak
Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.
Dividend Rating
Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-01-30 14:19