DAC Dividend History & Analysis | 3.7% Yield

DAC has a dividend yield of 3.7% and paid 3.5 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 3.69%

Payout Ratio 13.3%

Growth Rate CAGR 5y 23.15%

Consistency Lifetime 32.5%

Yield on Cost 5y 8.23%

Payout FCF 19.2%

Streak Years 5

Dividend Rating 61.31%

Dividends Cash Amount per Share Yearly

Dividend Growth Year over Year

5 Years Chart with Price and Dividend Yield

■ Yield (right) | ■ Price (left) | ┅ Avg Yield

Total Return 12m: 45.3%

Total Return 5y: 160.5%

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	3,189 M	30.1%	34.0%
DIS	1,062 M	10.5%	72.7%
ECO	1,977 M	10.8%	68.3%
FLNG	1,671 M	11.8%	59.3%
GSL	1,417 M	7.36%	23.0%

Top 5 Dividend Growth Rates of Peer-Group

Symbol	Market Cap USD	Growth Rate	Consistency
GSL	1,417 M	29.7%	33.4%
MATX	5,090 M	7.20%	94.6%
HSHP	611 M	18.6%	100%
RJET	832 M	5.0%	100%
PANL	444 M	18.9%	69.9%

Quality Dividend Peers in Marine Transportation

ECO

Okeanis Eco Tankers
10.80% Yield

GSL

Global Ship Lease
7.36% Yield

MATX

Matson
1.23% Yield

CMRE

Costamare
4.02% Yield

DAC Dividend History: Last 28 Payments (USD) as of March 2026

Ex-Dividend Date	Record Date	Payment Date	Period	Dividend per Share	Dividend Growth Rate QoQ	Payout Yield
2026-02-23	2026-02-23	2026-03-04	Quarterly	0.9	0%	0.82%
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) is a Greek-based shipowner that operates a diversified fleet of containerships and dry-bulk vessels across Australia, Europe and the United States. The business is split into two segments-Container Vessels and Drybulk Vessels-and, as of 28 Feb 2025, it managed 74 containerships (471,477 TEU) plus 15 newbuilds (128,220 TEU) and 10 Capesize bulk carriers (1,760,861 DWT). Founded in 1963 and renamed from Danaos Holdings in 2005, the firm remains headquartered in Piraeus.

What is the Dividend Yield of DAC?

As of March 2026, DAC`s dividend yield is 3.69%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 3.50 USD by the current share price of 110.74.

Does DAC pay a dividend?

As of March 2026, DAC paid a dividend of 3.50 USD in the last 12 months. The last dividend was paid on 2026-02-23 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 2026-02-23.

DAC dividend forecast

Based on historical data, the forecasted dividends per share for DAC for the next payments are between 0.779 (-13.4%) and 0.895 (-0.6%). This indicates a moderate dividend reduction compared to the last payment. The expected Yield for the next 12 months is about 3.03%.

Will DAC pay dividends in 2026?

The latest dividend paid per share was 0.9 USD with an Ex-Dividend Date of 2026-02-23. 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 8.23%. If you bought DAC's shares at 42.51 USD five years ago, your current annual dividend income (3.50 USD per share, trailing 12 months) equals 8.23% 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 3.69% 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 13.3%. Very low - Often a strong indicator of potential dividend growth.

What is the Dividend Rating of DAC?

DAC`s Overall Dividend Rating is 61.31%. 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 2.85% 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	18,366,000	-4.44%

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: 2026-03-23 02:16