Danaos Dividends and Buybacks
Dividend criteria checks 3/6
Danaos is a dividend paying company with a current yield of 3.69% that is well covered by earnings. Next payment date is on 11th December, 2025 with an ex-dividend date of 2nd December, 2025.
Key information
3.7%
Dividend yield
5.6%
Buyback Yield
| Total Shareholder Yield | 9.3% |
| Future Dividend Yield | 3.6% |
| Dividend Growth | 18.4% |
| Next dividend pay date | 11 Dec 25 |
| Ex dividend date | 02 Dec 25 |
| Dividend per share | n/a |
| Payout ratio | 14% |
Recent dividend and buyback updates
Recent updates
Danaos: Severely Undervalued Despite Industry Shifts
Dec 04Danaos (NYSE:DAC) Will Pay A Larger Dividend Than Last Year At $0.90
Nov 21
Is Danaos (NYSE:DAC) A Risky Investment?
Oct 01There's Been No Shortage Of Growth Recently For Danaos' (NYSE:DAC) Returns On Capital
Sep 06Why Investors Shouldn't Be Surprised By Danaos Corporation's (NYSE:DAC) Low P/E
Jul 29When Should You Buy Danaos Corporation (NYSE:DAC)?
Jul 08A Look At The Fair Value Of Danaos Corporation (NYSE:DAC)
May 17Little Excitement Around Danaos Corporation's (NYSE:DAC) Earnings
Apr 28Danaos: +60% Discount To Book With A Reasonable Yield, Reiterate Buy
Apr 11Is Now An Opportune Moment To Examine Danaos Corporation (NYSE:DAC)?
Apr 07Danaos (NYSE:DAC) Is Doing The Right Things To Multiply Its Share Price
Mar 20Danaos: Stocks This Cheap Don't Come Around Often
Feb 20Is Danaos (NYSE:DAC) A Risky Investment?
Feb 05Danaos: Undervalued With Strong Cash Flows
Jan 14Should You Investigate Danaos Corporation (NYSE:DAC) At US$81.54?
Jan 05Danaos: Dry Bulk Shipping In Focus + 3Q24 Earnings Update
Dec 30Danaos Corporation (NYSE:DAC) Shares Could Be 22% Below Their Intrinsic Value Estimate
Dec 21Benign Growth For Danaos Corporation (NYSE:DAC) Underpins Its Share Price
Dec 04We Like These Underlying Return On Capital Trends At Danaos (NYSE:DAC)
Nov 14Danaos Corporation: Providing A Long-Volatility Exposure To Geopolitics
Nov 12
Fleet Expansion And Diversification Promise Growth Amid Analysts' Concerns Over Shrinking Margins
Danaos' expansion with a newbuilding program and securing multiyear charters for new and existing vessels ensures revenue growth and stability.Earnings Working Against Danaos Corporation's (NYSE:DAC) Share Price
Sep 04Danaos Corporation: Drybulk Debut Not The Only Attractive Aspect
Aug 22Is It Too Late To Consider Buying Danaos Corporation (NYSE:DAC)?
Aug 09Danaos Corporation: A Ship In Good Shape, But Is It Worth Boarding? Not Yet
Jul 29Danaos' (NYSE:DAC) Returns On Capital Are Heading Higher
Jul 19Danaos: Could A Take Private Deal Be In The Works?
May 23Lacklustre Performance Is Driving Danaos Corporation's (NYSE:DAC) Low P/E
May 21Is It Time To Consider Buying Danaos Corporation (NYSE:DAC)?
Apr 30Danaos: The Valuation Math Still Heavily Favors Bulls
Apr 29Danaos: 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 16Danaos: 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 10Stability 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 5 years.
Dividend Yield vs Market
| Danaos Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DAC) | 3.7% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Shipping) | 7.1% |
| Analyst forecast (DAC) (up to 3 years) | 3.6% |
Notable Dividend: DAC's dividend (3.69%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: DAC's dividend (3.69%) is low compared to the top 25% of dividend payers in the US market (4.4%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.8%), DAC's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (19.1%), DAC's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/12/08 08:22 |
| End of Day Share Price | 2025/12/08 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Danaos Corporation is covered by 6 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kenneth Hoexter | BofA Global Research |
| Christian Wetherbee | Citigroup Inc |
| Fredrik Dybwad | Fearnley Securities |