Danaos Corporation (DAC) Dividend History

NYSE: DACYield, payment dates, growth and payout ratio.

DAC latest dividend

$5.00last dividend per share
Ex-dividend dateOct 13Tuesday, 2026
Payment dateOct 22Thursday, 2026

The next dividend has not been announced yet.

  • 3 yearsof dividend increases
  • 2021paying since
  • Quarterly4 payments a year
  • —5-year growth a year
  • 2.53%forward yield

DAC dividend income calculator

Dividend income a year
$400
Each payment
$100
Value of the shares
$15,817
Dividend yield
2.53%

At the latest close; forward annual dividend $4.00 per share, before tax.

DAC dividends per share by year

Dividends per shareYield at year-end (right axis)

Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.

DAC dividend safety

Payout ratio (earnings)27.6%
Well covered · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)19.7%
Well covered · of fiscal 2025 free cash flow
Years of increases3
Short record · consecutive calendar years with a higher dividend

Descriptive bands, not a rating.

DAC yield on cost

Danaos Corporation yield on cost
BoughtPrice paidYield on costDividends since% of price
1 year ago$86.804.61%$8.609.9%
3 years ago$66.046.06%$15.2023.0%
5 years ago$73.605.43%$20.9528.5%
10 years ago$34.3011.66%$21.9564.0%
20 years ago$287.001.39%$72.9825.4%

Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).

DAC dividend payments

Payment

Each bar is one payment, by ex-dividend month (last 31 payments).

DAC dividends by year

Danaos Corporation dividends per share by year
YearDividends per shareGrowthYield (year-end)Payments
2025$3.45+6.2%3.66%4
2024$3.25+6.6%4.06%4
2023$3.05+1.7%4.12%4
2022$3.00—5.70%4
2021$1.50—2.01%3

DAC dividend history

31 payments
Danaos Corporation dividend payment history
Ex-dividend datePayment dateAmountChangeFrequency
2026-10-132026-10-22$5.00+455.6%Quarterly
2026-07-212026-07-30$0.9—Quarterly
2026-05-262026-06-04$0.9—Quarterly
2026-02-232026-03-04$0.9—Quarterly
2025-12-022025-12-11$0.9+5.9%Quarterly
2025-08-192025-08-28$0.85—Quarterly
2025-05-272025-06-05$0.85—Quarterly
2025-02-242025-03-05$0.85—Quarterly
2024-11-252024-12-04$0.85+6.2%Quarterly
2024-08-202024-08-29$0.8—Quarterly
2024-06-112024-06-20$0.8—Quarterly
2024-02-272024-03-14$0.8—Quarterly
2023-11-242023-12-06$0.8+6.7%Quarterly
2023-08-222023-09-01$0.75—Quarterly
2023-05-252023-06-07$0.75—Quarterly
2023-02-272023-03-14$0.75—Quarterly
Show all 31 payments
Ex-dividend datePayment dateAmountChangeFrequency
2022-11-172022-11-30$0.75—Quarterly
2022-08-162022-08-29$0.75—Quarterly
2022-05-262022-06-08$0.75—Quarterly
2022-02-162022-02-28$0.75+50.0%Quarterly
2021-11-182021-12-02$0.5—Quarterly
2021-08-132021-08-30$0.5—Quarterly
2021-05-262021-06-09$0.5−92.3%Quarterly
2008-11-032008-11-19$6.51—Quarterly
2008-08-042008-08-20$6.51—Quarterly
2008-04-282008-05-14$6.51—Quarterly
2008-01-282008-02-14$6.51—Quarterly
2007-10-312007-11-16$6.51+5.7%Quarterly
2007-08-012007-08-17$6.16—Quarterly
2007-05-022007-05-18$6.16—Quarterly
2007-01-252007-02-14$6.16—

Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.

DAC stock split history

  • 1:14May 2, 2019

DAC dividend overview

Danaos pays an annual dividend of $4.00 per share, a yield of 2.53% at the latest close, paid quarterly. It paid $3.45 per share in 2025, up 6.2% from 2024. It has raised its dividend for 3 consecutive years. The payout ratio is 27.6% of trailing earnings.

Related: DAC cash flow statement, DAC key metrics, DAC chart. See the DAC stock overview for the latest quote and news.

DAC dividends FAQ

Does Danaos pay a dividend?

Yes. Danaos has paid a regular dividend since 2021, quarterly, most recently $5.00 per share with an ex-dividend date of October 13, 2026. It also paid dividends from 2007 to 2008.

What is Danaos's dividend yield?

Danaos's forward annual dividend is $4.00 per share, a dividend yield of 2.53% at the latest close of $158.17.

How often does Danaos pay dividends?

Danaos pays dividends quarterly.

What is Danaos's dividend payout ratio?

Danaos pays out 27.6% of its trailing earnings as dividends and 19.7% of its free cash flow (fiscal 2025).

Has Danaos split its stock?

Danaos has split its stock 1 time: 1:14 on May 2, 2019. Dividends per share on this page are adjusted for splits.

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