Danaos Dividend
Dividend criteria checks 3/6
Danaos is a dividend paying company with a current yield of 4.25% that is well covered by earnings.
Key information
4.3%
Dividend yield
11%
Payout ratio
Industry average yield | 6.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €29.68 |
Dividend yield forecast in 3Y | 4.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, DVW1 has been paying a dividend for less than 10 years.
Growing Dividend: DVW1's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Danaos Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (DVW1) | 4.3% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.8% |
Industry Average (Shipping) | 6.0% |
Analyst forecast in 3 Years (DVW1) | 4.3% |
Notable Dividend: DVW1's dividend (4.25%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: DVW1's dividend (4.25%) is low compared to the top 25% of dividend payers in the German market (4.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (10.7%), DVW1's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (20.2%), DVW1's dividend payments are well covered by cash flows.