Danaos Corporation Dividend
Danaos Corporation Dividend history 17 years & estimates 2024 to 2026
Dividend Analysis of the Danaos Corporation Stock
| Current dividend yield | 6.94 % |
| Dividendenrendite 5 Jahre | 6.06 % |
| Dividend Yield 10Y | 3.12 % |
| Payout 3Y | 6.6 % |
When does Danaos Corporation pay a dividend?
The Danaos Corporation stock dividend is paid 4 times a year. In order to receive a dividend, you should generally own the Danaos Corporation stock before the ex-dividend date. The Dividend Calendar shows that the last ex-day dates were February, May, August and November . Dividends from Danaos Corporation are distributed via March, June, September and December.
| Year | Dividend | Ex-day & Payday |
Frequency | |
|---|---|---|---|---|
| Fiscal Year | Dividend per Share | Ex-Day | Payday | Payment frequency |
| 2024 |
$0.8
$0.8
|
Aug 20 2024
Aug 20 2024
Aug 29 2024
Aug 20 24
Aug 29 24 |
Aug 29 2024 |
quarterly
quarterly
|
| 2024 |
$0.8
$0.8
|
Jun 11 2024
Jun 11 2024
Jun 20 2024
Jun 11 24
Jun 20 24 |
Jun 20 2024 |
quarterly
quarterly
|
| 2024 |
$0.8
$0.8
|
Feb 27 2024
Feb 27 2024
Mar 14 2024
Feb 27 24
Mar 14 24 |
Mar 14 2024 |
quarterly
quarterly
|
| 2023 |
$0.8
$0.8
|
Nov 24 2023
Nov 24 2023
Dec 06 2023
Nov 24 23
Dec 06 23 |
Dec 06 2023 |
quarterly
quarterly
|
| 2023 |
$0.75
$0.75
|
Aug 22 2023
Aug 22 2023
Sep 01 2023
Aug 22 23
Sep 01 23 |
Sep 01 2023 |
quarterly
quarterly
|
| 2023 |
$0.75
$0.75
|
May 25 2023
May 25 2023
Jun 07 2023
May 25 23
Jun 07 23 |
Jun 07 2023 |
quarterly
quarterly
|
| 2023 |
$0.75
$0.75
|
Feb 27 2023
Feb 27 2023
Mar 14 2023
Feb 27 23
Mar 14 23 |
Mar 14 2023 |
quarterly
quarterly
|
| 2022 |
$0.75
$0.75
|
Nov 17 2022
Nov 17 2022
Nov 30 2022
Nov 17 22
Nov 30 22 |
Nov 30 2022 |
quarterly
quarterly
|
| 2022 |
$0.75
$0.75
|
Aug 16 2022
Aug 16 2022
Aug 29 2022
Aug 16 22
Aug 29 22 |
Aug 29 2022 |
quarterly
quarterly
|
| 2022 |
$0.75
$0.75
|
May 26 2022
May 26 2022
Jun 08 2022
May 26 22
Jun 08 22 |
Jun 08 2022 |
quarterly
quarterly
|
How much dividend does Danaos Corporation pay?
Danaos Corporation most recently paid a dividend of $0.80. Danaos Corporation paid a Dividend of $3.05 Per Share in the financial year 2023. With a stock price of $85.66 at Sep 26 2024, the current dividend yield is 3.56% (calculation: $3.05 / $85.66 = 3.56%). No special dividend was paid.
What is the Danaos Corporation Dividend Yield and payout ratio?
The average Danaos Corporation dividend yield over the last 5 years is 3.50% and the average over the last 10 years is 1.58%.
The payout ratio of Danaos Corporation in relation to the last financial year is 10.52%. The payout ratio smoothed over 3 years is 6.99%. The calculation is based on the sum of all dividend payments divided by the cumulative earnings per share(EPS).
| Metric | Danaos Corporation |
|---|---|
| Current dividend yield | 3.56% |
| Dividend Yield 5Y | 3.50% |
| Dividend Yield 10Y | 1.58% |
| Payout 1Y | 10.52% |
| Payout 3Y | 6.99% |
Is the Danaos Corporation dividend safe? Continuity & Dividend Growth
Is the Danaos Corporation dividend safe?
Danaos Corporation has been paying a dividend for 3 years and has not lowered the dividend for 3 years (dividend continuity). As a result, the dividend was recently increased 3-times.
The Dividend Growth in relation to the previous financial year amounts to 1.67%.
| Metric | Danaos Corporation |
|---|---|
| Increased | 3 Years |
| Continuity | 3 Years |
| Paid | 3 Years |
| Growth 1Y | 1.67% |
Continuity
Danaos Corporation has been paying a dividend for 3 years and has not lowered the dividend for 3 years (dividend continuity). As a result, the dividend was recently increased 3-times.
Dividend Growth
The Dividend Growth in relation to the previous financial year amounts to 1.67%.
Danaos Corporation Stock Forecast 2024
On the stock exchange, the Danaos Corporation stock (ISIN: MHY1968P1051) is not traded as a top scorer in September 2024 according to the dividend strategy.
The stock price of Danaos Corporation 16.10% has risen since the beginning of the year 2024. However, the return generated in the past says nothing about the future return. You can find the Danaos Corporation stock price in real time at the top of the page.
Danaos Corporation (symbol: DAC) is valued at a Price / Earnings Ratio (P/E ratio) of 2.92 and a price/sales ratio (P/S ratio) of 1.70 valued. Based on analyst estimates, the Danaos Corporation stock forecast 2024 of the current financial year corresponds to a valuation of 2.91 according to P/E ratio and 1.64 according to P/S.
| Metric | Danaos Corporation |
|---|---|
| Dividend Score | ??/15 |
| Performance 2024 |
16.10%
|
| P/E TTM | 2.92 |
| P/S TTM | 1.70 |
| P/E forward | 2.91 |
| P/S forward | 1.64 |
Danaos Corporation (symbol: DAC) is valued at a Price / Earnings Ratio (P/E ratio) of 2.92 and a price/sales ratio (P/S ratio) of 1.70 valued. Based on analyst estimates, the Danaos Corporation stock forecast 2024 of the current financial year corresponds to a valuation of 2.91 according to P/E ratio and 1.64 according to P/S.
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