Danaos Corp (DAC)


NOTICE - This stock suspended its dividend payouts on 3/11/09. The information below may not be accurate.

Price/Share*:

$4.42

Annual Dividend:

$1.40

Dividend Yield:

31.67%

Pay Date:

11/19

Ex-Dividend Date:

11/03

Record Date:

11/05


Dividend Payout Frequency: Quarterly

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Company Profile & Recommendation

Company Profile Company Profile

Danaos- (DAC)-engages in the ownership and operation of containerships worldwide. As of March 31, 2008, it owned a fleet of 37 containerships deployed on time charters and 1 containership deployed on a bareboat charter, aggregating 149,718 twenty foot equivalent units. Danaos is based in Piraeus, Greece. Shipping stocks and their dividends tend to be volatile.


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** Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. The author is not registered as an investment adviser. The author may or may not hold positions in the securities mentioned in this article or video. The author relies upon the "publisher's exclusion" from the definition of "investment adviser" as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.

*** All dividend payout and date information on this website is for information purposes only. We do not guarantee the accuracy of any dividend dates or payout amounts. Always check with your broker first before purchasing any security.