DAC (NYSE) - Dividend History and Outstanding Shares
Dividend Rating: 47.04 ✓ Yield 3.76%, Avg. Growth per Year 26.69%, 21.7% Consistency of Payouts and many other metrics.
Dividends per Share Yearly
Number of Payouts Yearly
Outstanding Shares
What is the Trend of DAC`s Outstanding Shares?
The Outstanding Shares of Danaos are growing at a rate of 9.60% per year on average over the last 10 years. The Correlation Coefficent of the Outstanding Shares is 67.71%. Investors should be aware that the price of a stock often is negatively affected by an increasing number of shares.Did Danaos ever had a Stock Split?
Yes, last Stock Split was on 2019-05-02 with a factor of 1:14. This reverse stock split decreased the number of shares and increased the price per share by a ratio of 0.07.| Year | Number of Shares (Mill.) | Growth |
|---|---|---|
| 2023 | 20 | -4.76% |
| 2022 | 21 | |
| 2021 | 21 | -12.5% |
| 2020 | 24 | +50% |
| 2019 | 16 | +45.45% |
| 2018 | 11 | +37.5% |
| 2017 | 8 | |
| 2016 | 8 | |
| 2015 | 8 | |
| 2014 | 8 | |
| 2013 | 8 | |
| 2012 | 8 | |
| 2011 | 8 | +60% |
| 2010 | 5 | +25% |
| 2009 | 4 |
Dividend Yields, Growth & Consistency
| Overall Dividend Rating | 47.04 | ||
| Dividends Paid 12m | 3.15 | Yield 12m | 3.76% |
| Payout Consistency | 21.7% | Yield on Cost 5y | 43.21% |
| Growth Rate 5y | 26.69% | Correlation Rate 5y | 80.86% |
| First Payout | 2007-01-25 | Next Payout | - |
| Compare DAC Dividends with its Industry Peers | |||
Dividend History - Last 21 Dividends (Paid in USD)
| Date | Period | Dividend Rate | Growth Rate | Yield @ Date |
|---|---|---|---|---|
| 2024-06-11 | Quarterly | 0.8 | 0.87% | |
| 2024-02-27 | Quarterly | 0.8 | 1.1% | |
| 2023-11-24 | Quarterly | 0.8 | 6.7% | 1.15% |
| 2023-08-22 | Quarterly | 0.75 | 1.11% | |
| 2023-05-25 | Quarterly | 0.75 | 1.28% | |
| 2023-02-27 | Quarterly | 0.75 | 1.25% | |
| 2022-11-17 | Quarterly | 0.75 | 1.35% | |
| 2022-08-16 | Quarterly | 0.75 | 1.02% | |
| 2022-05-26 | Quarterly | 0.75 | 0.91% | |
| 2022-02-16 | Quarterly | 0.75 | 50% | 0.76% |
| 2021-11-18 | Quarterly | 0.5 | 0.69% | |
| 2021-08-13 | Quarterly | 0.5 | 0.7% | |
| 2021-05-26 | Quarterly | 0.5 | -92.3% | 0.82% |
| 2008-11-03 | Quarterly | 6.51 | ||
| 2008-08-04 | Quarterly | 6.51 | ||
| 2008-04-28 | Quarterly | 6.51 | ||
| 2008-01-28 | Quarterly | 6.51 | ||
| 2007-10-31 | Quarterly | 6.51 | 5.7% | |
| 2007-08-01 | Quarterly | 6.16 | ||
| 2007-05-02 | Quarterly | 6.16 | ||
| 2007-01-25 | Other | 6.16 |
- DAC`s 3.76% Dividend Yield is calculated by dividing the dividend payments of the last 12-Months (TTM) of 3.15 USD by the current stock price 83.84.
- 43.21% Yield on Cost is the effective dividend income you'd receive today if you purchased the stock five years ago (Rate of the last 12 Months 3.15 divided by the price 5 years ago).
- The 21.7% Payout Consistency of DAC Dividends gauges Stability (Values above 80%) or Fragility (Values under 60%).
- The Average Dividend Growth Rate of 26.69% per year in the last 5-Years showcases DAC`s commitment to shareholders. Steady or increasing dividends over time can be a sign of a healthy financial outlook.
Ratings surpassing 50 are regarded as favorable, while those exceeding 75 are exceptionally strong. The calculations includes: Yield, Yield on Cost, Consistency of Payouts and Growth Rates over time.