Danaos Dividends
DAC Stock | USD 84.61 0.76 0.89% |
The current year's Dividends Paid is expected to grow to about 70.4 M, whereas Dividend Yield is forecasted to decline to 0.04. Danaos' past performance could be the main factor of why investors trade Danaos stock today. Investors should clearly understand every aspect of the Danaos dividend schedule, including its future sustainability, and how it might impact an overall investment strategy. This tool is helpful to digest Danaos' dividend schedule and payout information. Danaos dividends can also provide a clue to the current valuation of Danaos.
Last Reported | Projected for Next Year | ||
Dividends Paid | 60.7 M | 70.4 M | |
Dividend Yield | 0.04 | 0.04 | |
Dividend Payout Ratio | 0.11 | 0.10 | |
Dividend Paid And Capex Coverage Ratio | 1.75 | 1.66 |
Danaos |
Investing in dividend-paying stocks, such as Danaos is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Danaos must own a stock before its ex-dividend date to receive its next dividend.
Danaos Dividends Paid Over Time
Today, most investors in Danaos Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Danaos' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's dividends paid growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Danaos dividends paid as a starting point in their analysis.
The total amount of dividends that a company has paid out to its shareholders over a specific period. Dividends Paid |
Timeline |
Danaos Historical Dividend Yield Growth
A solid dividend growth pattern of Danaos could indicate future dividend growth is likely, which can signal long-term profitability for Danaos. When investors calculate the dividend yield growth rate, they can use any interval of time they wish. They may also calculate the dividend yield growth rate using the least-squares method or simply take an annualized figure over a given time period. Dividend Yield is Danaos dividend as a percentage of Danaos stock price. Danaos dividend yield is a measure of Danaos stock productivity, which can be interpreted as interest rate earned on an Danaos investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share. Dividend Yield |
Timeline |
Recent Danaos Dividends Paid (per share)
Dividends Paid |
Timeline |
Danaos Expected Dividend Income Per Share
Dividend payment represents part of Danaos' profit that is distributed to its stockholders. It is considered income for that tax year rather than a capital gain. In other words, a dividend is a prize given to shareholders for investing in Danaos. Danaos' board of directors can pay out dividends at a planned frequency, such as monthly or quarterly.
$2.48 Bottom Scenario | $2.6 | $2.72 Top Scenario |
One Year
Danaos expected dividend income per share adjusted for ongoing price standard deviation
Danaos Past Distributions to stockholders
29th of August 2024 | ||
20th of June 2024 | ||
11th of June 2024 | ||
14th of March 2024 | ||
28th of February 2024 | ||
6th of December 2023 | ||
1st of September 2023 | ||
7th of June 2023 | ||
14th of March 2023 | ||
30th of November 2022 |
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Danaos. If investors know Danaos will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Danaos listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.07) | Dividend Share 0.8 | Earnings Share 28.56 | Revenue Per Share 51.881 | Quarterly Revenue Growth 0.071 |
The market value of Danaos is measured differently than its book value, which is the value of Danaos that is recorded on the company's balance sheet. Investors also form their own opinion of Danaos' value that differs from its market value or its book value, called intrinsic value, which is Danaos' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Danaos' market value can be influenced by many factors that don't directly affect Danaos' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Danaos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Danaos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Danaos' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.