Danaos Corp (DAC) dividend history
DACNYSEDeep Sea Foreign Transportation of FreightFiscal year ends December 31
$150.12−1.67 (-1.10%)
Close on Nov 13, 2026Market cap $2.74BP/E 5.6Yield 0.57%
Dividends
Dividend declared per share by fiscal year, adjusted for stock splits
Per share, FY2025
$0.85
+6.3% on the prior year
Consecutive increases
2 years
Every year since FY2023
Dividend yield
0.57%
Latest annual dividend ÷ share price
Payout ratio, FY2025
12.8%
Dividends paid ÷ net income
Dividend payments
Every dividend Danaos has paid, newest first. Shares held at the close of the last day with dividend receive it; shares bought on the ex-dividend date or later do not.
| Ex-dividend | Last day to buy | Record | Payable | Declared | Per share | Source |
|---|---|---|---|---|---|---|
| Oct 13, 2026 | Oct 12, 2026 | Oct 13, 2026 | Oct 22, 2026 | Oct 1, 2026 | $1.00 | – |
| Jul 21, 2026 | Jul 20, 2026 | Jul 21, 2026 | Jul 30, 2026 | Jul 6, 2026 | $0.90 | – |
| May 26, 2026 | May 22, 2026 | May 26, 2026 | Jun 4, 2026 | May 11, 2026 | $0.90 | Release |
| Feb 23, 2026 | Feb 20, 2026 | Feb 23, 2026 | Mar 4, 2026 | Feb 9, 2026 | $0.90 | – |
| May 27, 2025 | May 23, 2025 | May 27, 2025 | Jun 5, 2025 | May 13, 2025 | $0.85 | Release |
| Feb 24, 2025 | Feb 21, 2025 | Feb 24, 2025 | Mar 5, 2025 | Feb 10, 2025 | $0.85 | – |
| Nov 25, 2024 | Nov 22, 2024 | Nov 25, 2024 | Dec 4, 2024 | Nov 12, 2024 | $0.85 | Release |
| Aug 20, 2024 | Aug 19, 2024 | Aug 20, 2024 | Aug 29, 2024 | Aug 5, 2024 | $0.80 | Release |
| Jun 11, 2024 | Jun 10, 2024 | Jun 11, 2024 | Jun 20, 2024 | May 28, 2024 | $0.80 | Release |
| Feb 27, 2024 | Feb 26, 2024 | Feb 28, 2024 | Mar 14, 2024 | Feb 13, 2024 | $0.80 | – |
| Nov 24, 2023 | Nov 22, 2023 | Nov 27, 2023 | Dec 6, 2023 | Nov 13, 2023 | $0.80 | Release |
| Aug 22, 2023 | Aug 21, 2023 | Aug 23, 2023 | Sep 1, 2023 | Aug 7, 2023 | $0.75 | Release |
| May 25, 2023 | May 24, 2023 | May 26, 2023 | Jun 7, 2023 | May 15, 2023 | $0.75 | Release |
| Feb 27, 2023 | Feb 24, 2023 | Feb 28, 2023 | Mar 14, 2023 | Feb 14, 2023 | $0.75 | – |
| Nov 17, 2022 | Nov 16, 2022 | Nov 18, 2022 | Nov 30, 2022 | Nov 7, 2022 | $0.75 | Release |
| Aug 16, 2022 | Aug 15, 2022 | Aug 17, 2022 | Aug 29, 2022 | Aug 1, 2022 | $0.75 | Release |
| May 26, 2022 | May 25, 2022 | May 27, 2022 | Jun 8, 2022 | May 16, 2022 | $0.75 | Release |
| Feb 16, 2022 | Feb 15, 2022 | Feb 17, 2022 | Feb 28, 2022 | Feb 7, 2022 | $0.75 | – |
| Nov 18, 2021 | Nov 17, 2021 | Nov 19, 2021 | Dec 2, 2021 | Nov 8, 2021 | $0.50 | Release |
| Aug 13, 2021 | Aug 12, 2021 | Aug 16, 2021 | Aug 30, 2021 | Aug 2, 2021 | $0.50 | – |
| May 26, 2021 | May 25, 2021 | May 27, 2021 | Jun 9, 2021 | May 10, 2021 | $0.50 | Release |
| Nov 3, 2008 | Oct 31, 2008 | Nov 5, 2008 | Nov 19, 2008 | – | $6.51 | 20-F |
| Aug 4, 2008 | Aug 1, 2008 | Aug 6, 2008 | Aug 20, 2008 | – | $6.51 | Release |
| Apr 28, 2008 | Apr 25, 2008 | Apr 30, 2008 | May 14, 2008 | – | $6.51 | – |
| Jan 28, 2008 | Jan 25, 2008 | Jan 30, 2008 | Feb 14, 2008 | – | $6.51 | Release |
| Oct 31, 2007 | Oct 30, 2007 | Nov 2, 2007 | Nov 16, 2007 | – | $6.51 | 20-F |
| Aug 1, 2007 | Jul 31, 2007 | Aug 3, 2007 | Aug 17, 2007 | – | $6.16 | Release |
| May 2, 2007 | May 1, 2007 | May 4, 2007 | May 18, 2007 | – | $6.16 | Release |
| Jan 25, 2007 | Jan 24, 2007 | Jan 29, 2007 | Feb 14, 2007 | – | $6.16 | Release |
Per share as declared at the time. Source document: the dividend announcement filed with the SEC (press release or 8-K) where one exists, otherwise the quarterly or annual report covering the declaration.
By fiscal year
Dividend per share, cash paid and payout ratio from annual filings
| Fiscal year | Per share | Change | Cash paid | Payout ratio |
|---|---|---|---|---|
| FY2025 | $0.85 | +6.3% | $63.55M | 12.8% |
| FY2024 | $0.80 | +6.7% | $62.81M | 12.4% |
| FY2023 | $0.75 | -75.0% | $60.70M | 10.5% |
| FY2022 | $3.00 | +100.0% | $61.48M | 11.0% |
| FY2021 | $1.50 | – | $30.89M | 2.9% |
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