Danaos Dividend Yield from 2010 to 2024

DAC Stock  USD 84.61  0.76  0.89%   
Danaos' Dividend Yield is increasing over the years with slightly volatile fluctuation. Dividend Yield is expected to dwindle to 0.04. Dividend Yield is a financial ratio that shows how much Danaos pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share. View All Fundamentals
 
Dividend Yield  
First Reported
2010-12-31
Previous Quarter
0.04097769
Current Value
0.0389
Quarterly Volatility
0.01106705
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Danaos financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Danaos' main balance sheet or income statement drivers, such as Interest Expense of 23.5 M, Total Revenue of 512.1 M or Gross Profit of 311.4 M, as well as many indicators such as Price To Sales Ratio of 2.07, Dividend Yield of 0.0389 or PTB Ratio of 0.47. Danaos financial statements analysis is a perfect complement when working with Danaos Valuation or Volatility modules.
  
Check out the analysis of Danaos Correlation against competitors.
For information on how to trade Danaos Stock refer to our How to Trade Danaos Stock guide.

Latest Danaos' Dividend Yield Growth Pattern

Below is the plot of the Dividend Yield of Danaos over the last few years. 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. It is 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. Danaos' Dividend Yield historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Danaos' overall financial position and show how it may be relating to other accounts over time.
Dividend Yield10 Years Trend
Slightly volatile
   Dividend Yield   
       Timeline  

Danaos Dividend Yield Regression Statistics

Arithmetic Mean0.03
Geometric Mean0.02
Coefficient Of Variation43.35
Mean Deviation0.01
Median0.02
Standard Deviation0.01
Sample Variance0.0001
Range0.0367
R-Value0.61
Mean Square Error0.000083
R-Squared0.37
Significance0.02
Slope0
Total Sum of Squares0

Danaos Dividend Yield History

2024 0.0389
2023 0.041
2022 0.057
2011 0.0203
2010 0.0224

About Danaos Financial Statements

Danaos stakeholders use historical fundamental indicators, such as Danaos' Dividend Yield, to determine how well the company is positioned to perform in the future. Although Danaos investors may analyze each financial statement separately, they are all interrelated. For example, changes in Danaos' assets and liabilities are reflected in the revenues and expenses on Danaos' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Danaos. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Dividend Yield 0.04  0.04 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Danaos offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Danaos' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Danaos Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Danaos Stock:
Check out the analysis of Danaos Correlation against competitors.
For information on how to trade Danaos Stock refer to our How to Trade Danaos Stock guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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.