Danaos (DAC) dividend history and yield
Dividend summary
- Frequency
- Quarterly
- Trailing 12 months
- $9.60
- Forward yield
- 6.05%
- Payout ratio
- 34.4%
- Growth streak
- 3 years
Danaos pays a quarterly dividend. Its most recent paid dividend, $0.90 per share, had an ex-date of July 21, 2026 and was paid on July 30, 2026. Two payments are declared with an ex-date of October 13, 2026, both payable on October 22: a regular dividend of $1.00 per share and an unusually large payment of $5.00 per share. Over the trailing twelve months, it paid $3.60 per share, a yield of about 2.18% at a share price of $164.82.
The regular rate has risen in steps of five cents a year. It held at $0.75 from mid-2022 through August 2023, then went to $0.80 in November 2023, $0.85 in November 2024 and $0.90 in December 2025. The declared $1.00 payment is a ten-cent step, about 11%. Since mid-2022, the regular rate has grown about 33%. Payments by calendar year rose from $3.05 in 2023 to $3.45 in 2025. The source gives a growth streak of three years.
If the pattern holds, the payment after the declared one would go ex-dividend in late February 2027 and be paid in early March. Past increases have come with payments late in the year.
Dividend per share by year
Dividend history
| Declared | Ex-dividend date | Pay date | Amount |
|---|---|---|---|
| Oct 1, 2026 | Oct 13, 2026 | Oct 22, 2026 | $5.00 |
| Oct 1, 2026 | Oct 13, 2026 | Oct 22, 2026 | $1.00 |
| Jul 6, 2026 | Jul 21, 2026 | Jul 30, 2026 | $0.90 |
| May 11, 2026 | May 26, 2026 | Jun 4, 2026 | $0.90 |
| Feb 9, 2026 | Feb 23, 2026 | Mar 4, 2026 | $0.90 |
| Nov 17, 2025 | Dec 2, 2025 | Dec 11, 2025 | $0.90 |
| Aug 4, 2025 | Aug 19, 2025 | Aug 28, 2025 | $0.85 |
| May 13, 2025 | May 27, 2025 | Jun 5, 2025 | $0.85 |
| Feb 10, 2025 | Feb 24, 2025 | Mar 5, 2025 | $0.85 |
| Nov 12, 2024 | Nov 25, 2024 | Dec 4, 2024 | $0.85 |
| Aug 5, 2024 | Aug 20, 2024 | Aug 29, 2024 | $0.80 |
| May 28, 2024 | Jun 11, 2024 | Jun 20, 2024 | $0.80 |
| Feb 13, 2024 | Feb 27, 2024 | Mar 14, 2024 | $0.80 |
| Nov 13, 2023 | Nov 24, 2023 | Dec 6, 2023 | $0.80 |
| Aug 7, 2023 | Aug 22, 2023 | Sep 1, 2023 | $0.75 |
| May 15, 2023 | May 25, 2023 | Jun 7, 2023 | $0.75 |
| Feb 14, 2023 | Feb 27, 2023 | Mar 14, 2023 | $0.75 |
| Nov 7, 2022 | Nov 17, 2022 | Nov 30, 2022 | $0.75 |
| Aug 1, 2022 | Aug 16, 2022 | Aug 29, 2022 | $0.75 |
| May 16, 2022 | May 26, 2022 | Jun 8, 2022 | $0.75 |
Frequently asked questions
Does Danaos (DAC) pay a dividend?
Yes. Danaos pays a quarterly dividend; the most recent payment was $5.00 per share.
What is DAC's dividend yield?
Danaos paid $9.60 per share over the trailing twelve months, a yield of 6.05% at the last price of $158.72. Click here to learn more
When is DAC's most recent ex-dividend date?
Danaos's most recent ex-dividend date is Oct 13, 2026, payable on Oct 22, 2026.
What is the difference between ex and payment dates?
An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. Click here to learn more
Has DAC been raising its dividend?
Yes — Danaos has increased its dividend for 3 consecutive calendar years.
Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.