DAC Stock — Danaos Corporation

Danaos Corporation (DAC)

Updated October 16, 2026.

DAC is a Stock. its distribution rate is 2.28%, its trailing-12-month yield is 5.44%. Dividend Vision Distribution Safety Score™ is 97/100 (Safe). Total return is 1047.0% over the past 20 years, 332.1 points ahead of SPY at 714.9%.

Danaos Corporation owns and operates a fleet of containerships and drybulk vessels, providing seaborne transportation services across global shipping routes. The company distributes cash to shareholders on a quarterly basis at a modest current distribution rate. Danaos appeals to income investors seeking exposure to the shipping industry, though investors should note that the latest distribution was special in nature and may not recur at the same level.

DAC performance versus SPY

Price and return data through 2026-10-16.

Total return is 1047.0% over the past 20 years, 332.1 points ahead of SPY at 714.9%. Over the past year its total return — price change plus distributions reinvested — is 95.4%. Its deepest 1-year drawdown was 9.5%.

DAC key facts

Distribution Safety Score™

97 · Safe

Safety-Adjusted Yield

2.21%

Asset type

Stock

Asset class

Equity

Inception date

10/06/2006

Distribution rate

2.28%

Distribution frequency

Quarterly

Trailing yield

5.44%

5-year average yield

3.43

Last close

$158.17 (as of 2026-10-16)

Market cap

$2,879,258,192

Average volume

119085.0

Dividend

$5.00

Ex-dividend date

10/13/2026

Payment date

10/22/2026

Beta

0.865

Payout ratio

27.6%

P/E ratio

5.35

Forward P/E

2.2578

EPS

$29.55

How Dividend Vision calculates yield and returns

Distribution rate (2.28%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (5.44%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

DAC risks and drawbacks

DAC's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 9.5%.

Who may consider DAC — and who may not

DAC may suit someone looking for a high Distribution Safety Score, moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (DAC pays quarterly); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

More on DAC

• All tickers starting with D

Tagged: Industrials, Dividend.

Frequently asked questions