DAC (NYSE) - Dividend History and Outstanding Shares

Dividend Rating: 5.62 ✓ Yield 3.42%, Avg. Growth per Year 15.10%, 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 9.58% per year on average over the last 10 years. The Correlation Coefficent of the Outstanding Shares is 31.46%. 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
2024 19.58 +0.63%
2023 19.46 -4.12%
2022 20.3 -0.28%
2021 20.35 -17.17%
2020 24.57
2019 24.57 +64.49%
2018 14.94 +90.48%
2017 7.84 -0.02%
2016 7.84 +0.02%
2015 7.84 +0.01%
2014 7.84 +0.11%
2013 7.83 +0.01%
2012 7.83 +0.04%
2011 7.83 +0.92%
2010 7.76 +99.11%
2009 3.9 +0.01%
2008 3.9 -0.02%
2007 3.9
2006 3.9
2005 3.9
2004 3.9

Dividend Yields, Growth & Consistency

Overall Dividend Rating 5.62
Dividends Paid 12m 3.15 Yield 12m 3.42%
Dividends Paid Average 5y 2.12 Yield Average 5y 2.30%
Growth Rate 5y 15.10% Yield on Cost 5y 45.65%
Payout Consistency 21.7% First Payout 2007-01-25
Compare DAC Dividends with its Industry Peers

Dividend History - Last 21 Dividends (Paid in USD)

Date Period Dividend Rate Growth
2024-06-11 Quarterly 0.8
2024-02-27 Quarterly 0.8
2023-11-24 Quarterly 0.8 6.7%
2023-08-22 Quarterly 0.75
2023-05-25 Quarterly 0.75
2023-02-27 Quarterly 0.75
2022-11-17 Quarterly 0.75
2022-08-16 Quarterly 0.75
2022-05-26 Quarterly 0.75
2022-02-16 Quarterly 0.75 50%
2021-11-18 Quarterly 0.5
2021-08-13 Quarterly 0.5
2021-05-26 Quarterly 0.5 -92.3%
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 3.42% Dividend Yield is calculated by dividing the dividend payments of the last 12-Months (TTM) of 3.15 USD by the current stock price.
  • 45.65% 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 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 15.10% 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.
The Overall Dividend Rating of 5.62 is quantified on a scale from 0 to 100.
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.