Danaos Dividend
Dividend criteria checks 3/6
Danaos is a dividend paying company with a current yield of 4.45% that is well covered by earnings.
Key information
4.4%
Dividend yield
11%
Payout ratio
| Industry average yield | 4.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$29.68 |
| Dividend yield forecast in 3Y | 4.4% |
Recent dividend updates
Recent updates
Danaos: Feeling Frustrated? This Is Your Permission Slip To Get Out
Apr 01Danaos Corporation (NYSE:DAC) Analysts Are Pretty Bullish On The Stock After Recent Results
Feb 16
Danaos: Just Far Too Cheap, It's A Buy
Feb 10Danaos (NYSE:DAC) Has A Pretty Healthy Balance Sheet
Feb 03Danaos: Eagle Bulk Stake Pays Off Big Amid Merger With Star Bulk, Red Sea Blockade
Jan 07Is There Now An Opportunity In Danaos Corporation (NYSE:DAC)?
Dec 09Danaos Q3: Dividends On The Rise, Buybacks Persist - Is It Enough?
Nov 30The Return Trends At Danaos (NYSE:DAC) Look Promising
Nov 09Danaos: Change In Capital Allocation Mindset Needed To Unlock Upside
Oct 26Danaos Corporation: Tough To Beat
Oct 14Danaos And Global Ship Lease: High Conviction Longs, 1-Year Review
Sep 20Danaos (NYSE:DAC) Has A Rock Solid Balance Sheet
Sep 06Danaos: Too Cheap And Profitable To Ignore
Aug 16Danaos' (NYSE:DAC) Dividend Will Be $0.75
Aug 10Should You Investigate Danaos Corporation (NYSE:DAC) At US$68.13?
Aug 05Danaos Corporation: Low Leverage And Strong Revenue Backlog Show Way For The Future
Aug 03Unleashing The Power Of The Small: Danaos - From Debt Heavy To Flexible Capital Allocator
Jul 15Danaos Corp.: Eagle Bulk Investment Raises Concerns, Inspires Activist Roadmap To $130
Jun 26The Returns On Capital At Danaos (NYSE:DAC) Don't Inspire Confidence
Jun 09Danaos: Undervaluation To The Extreme
Jun 07Danaos' (NYSE:DAC) Dividend Will Be $0.75
May 19Is Danaos (NYSE:DAC) A Risky Investment?
May 17Danaos Non-GAAP EPS of $6.99, revenue of $252.48M
Feb 14Danaos: Off-Cycle Logic Brings Opportunity
Feb 03Is It Time To Consider Buying Danaos Corporation (NYSE:DAC)?
Feb 02Capital Allocation Trends At Danaos (NYSE:DAC) Aren't Ideal
Jan 11Does Danaos (NYSE:DAC) Have A Healthy Balance Sheet?
Dec 08Danaos Or Global Ship Lease? A Look At Key Factors
Dec 06Danaos Corp.: Cheap Price But Could Stay Cheap For A While
Nov 08Danaos: The Best Of The Containership Lessors
Oct 26Danaos: Market Seems Overly Alarmed By Current Rates
Oct 11At US$70.02, Is Danaos Corporation (NYSE:DAC) Worth Looking At Closely?
Sep 12Danaos: Stock Is Cheap, But Where Are The Buybacks? Ask Management
Sep 05Danaos: It's Coming Down Again, Buy This Dip Confidently
Aug 22Danaos (NYSE:DAC) Will Be Hoping To Turn Its Returns On Capital Around
Aug 21Danaos: Record Earnings, Low Debt, Dividend, And Buyback But Still Undervalued
Aug 05Here's Why Danaos (NYSE:DAC) Can Manage Its Debt Responsibly
Aug 03Danaos Corp: Massive Undervaluation And Strong Returns Ahead (Podcast Transcript)
Jul 27The Container Shipping Shortage Is Ending, But Danaos Is Now Considerably Oversold
Jul 20Danaos: New Buybacks And ZIM's Dividends To Push The Stock Over $150
Jun 18What Is Danaos Corporation's (NYSE:DAC) Share Price Doing?
Jun 11Danaos Post Q1 Earnings: Raising Fair Value Estimate
May 31Danaos Corporation: ZIM Dividend And Excellent Charters Create Blowout Quarter
May 19Profit From Global Shipping Headaches: Danaos And Global Ship Lease
Apr 26Danaos Corporation: The Stock Is Worth $117
Apr 19Danaos: Russia Conflict Fuels Both Positive And Negative Shifts For Container Shipping
Mar 14Is Danaos Corporation (NYSE:DAC) Potentially Undervalued?
Feb 23Danaos: Record Earnings And A 'Mild' 50% Dividend Raise Remind Shareholders This Shipping Company Is An Investment, Not Just A Trade
Feb 14Danaos: If It Earns Like DAC, Raises Like DAC, And Considers Like DAC, Then It's Probably A 'MASK'
Feb 08Danaos Corp.: Ready To Boost Shareholder Returns (Podcast Transcript)
Jan 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, DAC has been paying a dividend for less than 10 years.
Growing Dividend: DAC'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 (DAC) | 4.4% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.9% |
| Industry Average (Shipping) | 4.1% |
| Analyst forecast in 3 Years (DAC) | 4.4% |
Notable Dividend: DAC's dividend (4.45%) is higher than the bottom 25% of dividend payers in the US market (1.59%).
High Dividend: DAC's dividend (4.45%) is low compared to the top 25% of dividend payers in the US market (4.88%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (10.7%), DAC's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (20.2%), DAC's dividend payments are well covered by cash flows.