Trailing Dividend / Share
$3.44
Danaos Corporation (DAC) Dividend History
Income profile from 2007 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
2.7%
Payout Ratio
12.8%
Sustainable
Dividend Streak
4 years
DAC Dividend Income Check
Safety
12.8% payout ratio with sustainable safety profile.
Consistency
4 straight years of dividend increases.
Income Trend
Yield on cost is 15.9% and trend is unknown.
DAC Dividend Scorecard
Yield & Income
Dividend Yield2.7%
Trailing DPS$3.44
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings Payout12.8%
Earnings SafetySustainable
FCF Payout20.9%
FCF SafetyWell Covered
Piotroski F-Score5/9
Growth
Growth Streak4 years
3Y CAGR4.8%
5Y CAGR-32.7%
Yield on Cost (5Y)15.9%
YOC Trendunknown
Total Returns
Buyback Yield3.3%
Total Shareholder Yield6.0%
1Y Total Return47.6%
5Y Total Return96.2%
Div Contribution (5Y)21.6%
Estimated $10K growth (return + dividends):
5Y ago$19,61710Y ago$31,59820Y ago$6,613
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
DAC Income Growth Story
Dividend per share and yield on cost over time (8 years of payments)
DAC Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
Danaos Corporation distributes 12.8% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 20.9%, rated "Well Covered".
Piotroski F-Score: 5/9 — moderate financial health.
Growth Track Record
DAC has raised its dividend for 4 consecutive years, with a 3-year CAGR of 4.8% and 5-year CAGR of -32.7%.
Total Shareholder Returns
Beyond cash dividends, DAC returns capital through share repurchases. The combined picture: 2.7% dividend yield, 3.3% buyback yield, 6.0% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 15.9% and is currently unknown. The 5-year total return is 96.2%, with dividends contributing 21.6% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $31,598 today.
DAC Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$15.55
Avg/Payment$0.7775
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 26, 2026Latest | $0.9000 | — | 2.74% | Jun 4, 2026 |
| Feb 23, 2026 | $0.9000 | — | 3.22% | Mar 4, 2026 |
| Dec 2, 2025 | $0.9000 | ↑ +5.9% | 3.57% | Dec 11, 2025 |
| Aug 19, 2025 | $0.8500 | — | 3.69% | Aug 28, 2025 |
| May 27, 2025 | $0.8500 | — | 3.98% | Jun 5, 2025 |
| Feb 24, 2025 | $0.8500 | — | 3.99% | Mar 5, 2025 |
| Nov 25, 2024 | $0.8500 | ↑ +6.2% | 4.02% | Dec 4, 2024 |
| Aug 20, 2024 | $0.8000 | — | 3.85% | Aug 29, 2024 |
DAC Dividend vs Peers
Comparable companies in the same industry
#6 yield in peer group
Div Yield
2.7%
#6 of 8
Safety
Sustainable
12.8% payout
Streak
4Y
-32.7% 5Y CAGR
Total Shareholder
6.0%
#2 of 8
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| DACDanaos Corporation | $2.3B | 2.7% | 12.8% | 4 | Sustainable |
1st  ZIMZIM Integrated Shipp… | $2.9B | 17.6% | 1.1% | 0 | Sustainable |
2nd  GSLGlobal Ship Lease, I… | $1.4B | 5.6% | 18.3% | 4 | Sustainable |
 MATXMatson, Inc. | $5.8B | 0.8% | 10.1% | 13 | Sustainable |
 SBLKStar Bulk Carriers C… | $2.9B | 1.2% | 40.8% | 0 | Sustainable |
3rd  CMRECostamare Inc. | $1.8B | 4.3% | 21.7% | 0 | Sustainable |
 SBSafe Bulkers, Inc. | $682M | 4.1% | 74.2% | 0 | Watch |
 ESEAEuroseas Ltd. | $484M | 4.0% | 13.8% | 3 | Sustainable |
DAC Annual Dividend History (2003–2026)
24 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $1.80 | — | 2 | — | — | — | 8.3% |
| 2025 | $3.45 | 6.2% | 4 | $26.76 | 12.9% | 7.76x | 15.9% |
| 2024 | $3.25 | 6.6% | 4 | $26.05 | 12.5% | 8.02x | 14.9% |
| 2023 | $3.05 | 1.7% | 4 | $28.95 | 10.5% | 9.49x | 14.0% |
| 2022 | $3.00 | 100.0% | 4 | $27.28 | 11.0% | 9.09x | 13.8% |
| 2021 | $1.50 | — | 3 | $51.15 | 2.9% | 34.10x | 6.9% |
| 2020 | $0.00 | — | 0 | $3.91 | — | — | — |
| 2019 | $0.00 | — | 0 | $3.52 | — | — | — |
| 2018 | $0.00 | — | 0 | $-3.10 | — | — | — |
| 2017 | $0.00 | — | 0 | $10.70 | — | — | — |
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
19+ years return with dividends reinvested.
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DCA Calculator
See how regular investing compounds over time.
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Peer Comparison
Compare growth, multiples, and margins vs sector.
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DAC — Frequently Asked Questions
Quick answers to the most common questions about buying DAC stock.
How much dividend does DAC pay per share?
Danaos Corporation (DAC) pays a trailing 12-month dividend of $3.44 per share, with a current dividend yield of +2.7%. Payments are made Semi-Annual.
When is DAC's next ex-dividend date?
DAC's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. DAC typically pays dividends Semi-Annual.
Is DAC's dividend safe?
DAC's dividend safety is rated "Sustainable" based on an earnings payout ratio of +12.8% and FCF payout ratio of +20.9%. The 4-year growth streak provides moderate confidence.
Is DAC a Dividend Payer?
Yes, Danaos Corporation is classified as a Dividend Payer with 4 consecutive years of dividend increases. The 5-year dividend CAGR is -32.7%, demonstrating modest dividend growth.
How often does DAC pay dividends?
Danaos Corporation pays dividends Semi-Annual. The trailing 12-month total is $3.44 per share. Dividend data on this page covers 19+ years from 2007 to 2026.
How much would $10,000 invested in DAC grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in DAC five years ago would be worth approximately $19,617 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is DAC's yield on cost for long-term holders?
DAC's yield on cost — the current dividend divided by the original purchase price — is +15.9% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +2.7% market yield, thanks to the lower original cost basis.