DAC Dividend History & Yield
Danaos Corporation · NYSE
Upcoming dividend payments
| Ex-date | Pay date | Per share | Per 100 shares | Status |
|---|---|---|---|---|
| Wed, Oct 21, 2026 (in 42 days) | Nov 4, 2026 | $0.90 | $90.00 | Estimated |
| Thu, Jan 21, 2027 (in 134 days) | Feb 4, 2027 | $0.90 | $90.00 | Estimated |
| Fri, Apr 23, 2027 (in 226 days) | May 7, 2027 | $0.90 | $90.00 | Estimated |
| Sat, Jul 24, 2027 (in 318 days) | Aug 7, 2027 | $0.90 | $90.00 | Estimated |
Estimated dates and amounts are projected from DAC's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $3.60 per share.
Dividend payment history
Last 28 payments per share. RegularSpecial
Annual dividends per share
How much DAC do you need for monthly income?
| Target income | Shares needed | Capital at today's price | Per year |
|---|---|---|---|
| $100 / month | 334 | $51,023 | $1,200 |
| $500 / month | 1,667 | $255,117 | $6,000 |
| $1,000 / month | 3,334 | $510,233 | $12,000 |
Based on the forward yield of 2.35%. $10,000 in DAC would currently pay about $235 a year ($20 a month on average). Model reinvestment and growth →
DAC dividend history
| Ex-date | Pay date | Amount | Change |
|---|---|---|---|
| Jul 21, 2026 | — | $0.90 | +0.0% |
| May 26, 2026 | — | $0.90 | +0.0% |
| Feb 23, 2026 | — | $0.90 | +5.9% |
| May 27, 2025 | — | $0.85 | +0.0% |
| Feb 24, 2025 | — | $0.85 | +0.0% |
| Nov 25, 2024 | — | $0.85 | +6.2% |
| Aug 20, 2024 | — | $0.80 | +0.0% |
| Jun 11, 2024 | — | $0.80 | +0.0% |
| Feb 27, 2024 | — | $0.80 | +0.0% |
| Nov 24, 2023 | — | $0.80 | +6.7% |
| Aug 22, 2023 | — | $0.75 | +0.0% |
| May 25, 2023 | — | $0.75 | +0.0% |
| Feb 27, 2023 | — | $0.75 | +0.0% |
| Nov 17, 2022 | — | $0.75 | +0.0% |
| Aug 16, 2022 | — | $0.75 | +0.0% |
| May 26, 2022 | — | $0.75 | +0.0% |
| Feb 16, 2022 | — | $0.75 | +50.0% |
| Nov 18, 2021 | — | $0.50 | +0.0% |
| Aug 13, 2021 | — | $0.50 | +0.0% |
| May 26, 2021 | — | $0.50 | -92.3% |
| Nov 3, 2008 | — | $6.51 Special | — |
| Aug 4, 2008 | — | $6.51 | +0.0% |
| Apr 28, 2008 | — | $6.51 | +0.0% |
| Jan 28, 2008 | — | $6.51 | +0.0% |
DAC dividend increases & cuts
Market-wide changes →| Ex-date | Change | Old | New | Status |
|---|---|---|---|---|
| Feb 23, 2026 | Raised 5.9% | $0.85 | $0.90 | Paid |
Detected from the regular payment stream; supplemental and special dividends are excluded. Pro members get an email the morning a holding raises or cuts.
Payout risk check
DAC scores 0/100 on our yield-trap heuristic (low risk).
No warning flags: the payout ratio, yield level, 5-year cut history and price trend all look ordinary.
This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.
About Danaos Corporation
Danaos Corporation, through its subsidiaries, owns and operates containerships and drybulk vessels in Australia, Europe, and the United States. It operates in two segments, Container Vessels and Drybulk Vessels. The company provides seaborne transportation services by operating vessels in the containership and drybulk sectors of the shipping industry. As of December 31, 2025, it had a fleet of 75 containerships aggregating 477,230 TEUs; 27 container vessels under construction containerships aggregating 173,314 TEUs; 10 Capesize bulk carriers aggregating 1,755,000 DWT; and 2 dry bulk vessels under construction aggregating 422,000 DWT.
Sector: Industrials. Industry: Marine Shipping. First dividend on our records: Jan 25, 2007. 28 payments tracked. Data last refreshed Sep 8, 2026. Spotted a mistake? Report it and we'll fix it.
DAC dividend FAQ
When is DAC's next ex-dividend date?
DAC's next ex-dividend date is Oct 21, 2026 (in 42 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $0.90 per share, expected on Nov 4, 2026.
How often does DAC pay dividends?
DAC pays dividends every quarter, 4 times a year. The most recent payment was $0.90 per share with an ex-date of Jul 21, 2026.
What is DAC's dividend yield?
DAC's trailing 12-month dividend yield is 1.76%, based on $2.70 per share paid over the last year and a share price of $153.07. The forward yield, using the indicated annual rate of $3.60 per share, is 2.35%.
How much does DAC pay per share?
DAC pays about $0.90 per share each quarter, which works out to roughly $3.60 per share a year. 100 shares would collect about $360.00 a year.
Has DAC grown or cut its dividend?
Over the last 5 years the regular payout has grown at 22.0% a year (+5.9% over the last year). There has been no cut to a regular payment in the last 5 years.
How many shares of DAC do I need to earn $100 a month?
At the current forward yield of 2.35%, you would need about 334 shares of DAC (roughly $51,023 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.
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