Does DAC pay a dividend?

Yes. Danaos Corporation pays a quarterly dividend, currently yielding 2.63% based on trailing twelve-month payments of $3.55 per share.

How much does DAC pay in dividends?

$3.55 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.

When is the next DAC ex-dividend date?

No upcoming ex-dividend date is currently on record for DAC. Dates appear here once the company declares them.

DAC Dividend

Danaos Corporation

NYSEIndustrialsStockData as of August 12, 2026

Dividend yield: 2.63%
Annual dividend: $3.55
Payout ratio: 0.12
Frequency: Quarterly
Share price: $135.02
Market cap: $2.5B

Is DAC a good dividend stock?

What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.

Yield is below the market median2.63% against a median of 2.78%. A lower yield is common among companies that reinvest more of their earnings or whose shares have risen.
Dividend is comfortably coveredA payout ratio of 0.12 means roughly 12% of earnings go to the dividend, leaving room to keep paying through a weaker year.
Dividend has been cut onceAcross 7 complete years, the annual total fell in 2021. The most recent reduction was in 2021.
Raised for 4 consecutive yearsDerived from split-adjusted payment history and approximate; treat it as a relative signal rather than a certified record.

DAC dividend history

Annual dividend per share, 2007 to 2025.

Peak $26.04 in 2008Year the total fellTypical payment × payments that year, split-adjusted, excluding special and one-off distributions. Robust to duplicate records in the source data. The current year is omitted while incomplete.

Recent dividend payments

The last 30 dividend payments for DAC, most recent first.
Ex-dividend date	Pay date	Amount	Type
July 21, 2026	July 30, 2026	$0.9000	Irregular
May 26, 2026	June 4, 2026	$0.9000	Quarterly
February 23, 2026	March 4, 2026	$0.9000	Quarterly
December 2, 2025	December 11, 2025	$0.9000	Quarterly
August 19, 2025	August 28, 2025	$0.8500	Quarterly
May 27, 2025	June 5, 2025	$0.8500	Quarterly
February 24, 2025	March 5, 2025	$0.8500	Quarterly
November 25, 2024	December 4, 2024	$0.8500	Quarterly
August 20, 2024	August 29, 2024	$0.8000	Quarterly
June 11, 2024	June 20, 2024	$0.8000	Quarterly
February 27, 2024	March 14, 2024	$0.8000	Quarterly
November 24, 2023	December 6, 2023	$0.8000	Quarterly
August 22, 2023	September 1, 2023	$0.7500	Quarterly
May 25, 2023	June 7, 2023	$0.7500	Quarterly
February 27, 2023	March 14, 2023	$0.7500	Quarterly
November 17, 2022	November 30, 2022	$0.7500	Quarterly
August 16, 2022	August 29, 2022	$0.7500	Quarterly
May 26, 2022	June 8, 2022	$0.7500	Quarterly
February 16, 2022	February 28, 2022	$0.7500	Quarterly
November 18, 2021	December 2, 2021	$0.5000	Quarterly
August 13, 2021	August 30, 2021	$0.5000	Quarterly
May 26, 2021	June 9, 2021	$0.5000	Quarterly
November 3, 2008	November 19, 2008	$0.4650	Quarterly
August 4, 2008	August 20, 2008	$0.4650	Quarterly
April 28, 2008	May 14, 2008	$0.4650	Quarterly
January 28, 2008	February 14, 2008	$0.4650	Quarterly
October 31, 2007	November 16, 2007	$0.4650	Quarterly
August 1, 2007	—	$0.4400	Quarterly
May 2, 2007	May 18, 2007	$0.4400	Quarterly
January 25, 2007	February 14, 2007	$0.4400	Quarterly

How much would DAC pay you?

Enter an amount and see the income this dividend would produce — per year, per payment and per month.

Calculate DAC dividend income →

DAC appears in

Frequently asked questions

Does DAC pay a dividend?: Yes. Danaos Corporation pays a quarterly dividend, currently yielding 2.63% based on trailing twelve-month payments of $3.55 per share.
How much does DAC pay in dividends?: $3.55 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.
When is the next DAC ex-dividend date?: No upcoming ex-dividend date is currently on record for DAC. Dates appear here once the company declares them.