Danaos Dividend Update and Key News Insights for Investors Before May 27, 2025

Danaos Corporation (DAC) has announced its latest dividend details, with an ex-dividend date set for May 27, 2025. The dividend announcement was made on May 13, 2025, and shareholders will receive their payments on Jun 5, 2025. The dividend stands at $0.850 per share, which is notably higher than the average of the last ten dividends, calculated at $0.637 per share. This marks a consistent payout, as the previous dividend on Mar 5, 2025, was also $0.850 per share. Both these dividends are categorized as cash dividends.

Recently, Danaos Corporation has been the focus of several noteworthy updates. As of late, the company reported its first-quarter results for the period ending Mar 31, 2025, indicating a robust financial standing. Furthermore, Danaos announced an upsizing of its share repurchase program by an additional $100 million on Apr 14, 2025, showcasing confidence in its market valuation and commitment to enhancing shareholder value. Over the past week, there has been considerable interest in Danaos's stock performance, with analysts suggesting a potential rise of 5.33% in the short term, forecasting a price channel between $72.39 and $84.89 in 2026. This positive outlook is fueled by strategic financial maneuvers and a solid balance sheet.

Since the last update, Danaos's stock performance has seen fluctuations. On May 23, 2025, the stock price reached an intraday high of $84.65, reflecting a positive change of 1.22% from the previous close at $83.63. Analysts have indicated that the stock is trading at attractive multiples of 3.1x EPS and 0.45x book value, offering a compelling investment opportunity. Additionally, there's an ongoing discussion about day trading plans, with suggested buying and shorting targets near $84.83, highlighting active trading interest in Danaos shares.

In conclusion, investors should note that the ex-dividend date of May 27, 2025, is crucial as it is the last day to purchase Danaos stock and qualify for the dividend. Any acquisitions made after this date will not be eligible for the upcoming payout.