ATHENS, Greece, July 6, 2026 /PRNewswire/ -- Danaos Corporation, one of the world's largest independent owners of containerships (the "Company") (NYSE: DAC), today declared a quarterly cash dividend of $0.90 per share on its common stock for the quarter ended June 30, 2026. The dividend is payable on July 30, 2026 to holders of record as of the close of business on July 21, 2026.
Danaos Corporation remains attractively valued at ~0.6x book, supported by a robust containership backlog and high charter rates. DAC's contracted containership revenue stands at $4.1 billion, with 100% coverage for 2026 and strong medium-term visibility. Management is allocating capital to fleet expansion and side investments, including Alaska LNG and Yoda, rather than prioritizing buybacks.
19 June 2026, following the sale of shares, Burlington Loan Management DAC owns in total 17,626,899 shares in the Company, representing 5% of the total 352,537,966 outstanding shares and votes in the Company, thereby crossing the 5% disclosure threshold in the Norwegian Securities Trading Act Section 4.2. The previous filing was made on 3 March 2026, when Burlington Loan Management DAC owned 35,253,797 shares in the Company, representing approximately 10% of the total 352,537,966 outstanding shares and votes in the Company.
Danaos Corporation (DAC) Q1 2026 Earnings Call Transcript
ATHENS, Greece, May 11, 2026 /PRNewswire/ -- Danaos Corporation ("Danaos") (NYSE: DAC), one of the world's largest independent owners of container vessels, today reported unaudited results for the three-month period ended March 31, 2026. Financial Summary Three Months Ended March 31, 2026 and Three Months Ended March 31, 2025 Unaudited ( Expressed in thousands of United States dollars, except as otherwise stated ) Three Months Ended Three Months Ended March 31, 2026 March 31, 2025 Financial & Operating Metrics Container Vessels Dry bulk Vessels Other Total Container Vessels Dry bulk Vessels Other Total Operating Revenues $229,550 $24,148 - $253,698 $236,190 $17,117 - $253,307 Voyage Income/(Expenses), excl.
ATHENS, Greece, May 4, 2026 /PRNewswire/ -- Danaos Corporation (NYSE: DAC), one of the world's largest independent owners of containerships, announced today that it will release its results for the first quarter ended March 31, 2026, after the close of the market in New York on Monday, May 11, 2026. The Company's management team will host a conference call to discuss the results on Tuesday, May 12, 2026 at 9:00 A.M.
Danaos Corporation (NYSE: DAC - Get Free Report) passed above its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of $99.27 and traded as high as $117.05. Danaos shares last traded at $116.5290, with a volume of 42,406 shares traded. Analyst Ratings Changes Several research
JPMorgan Chase and Co. lifted its position in Danaos Corporation (NYSE: DAC) by 18.5% in the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 98,179 shares of the shipping company's stock after acquiring an additional 15,345 shares during
EuroDry (NASDAQ: EDRY - Get Free Report) and Danaos (NYSE: DAC - Get Free Report) are both transportation companies, but which is the superior investment? We will contrast the two companies based on the strength of their analyst recommendations, risk, valuation, earnings, profitability, institutional ownership and dividends. Earnings and Valuation This table compares EuroDry and Danaos"s top-line
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