Danaos (DAC) Dividend Coverage Ratio (2021 - 2026)
Danaos' (DAC) quarterly Dividend Coverage Ratio came in at 9.27 in Q2 2026, up 10.17% on a YoY basis from 8.41 in Q2 2025, and up 8.11% quarter-over-quarter from 8.57 in Q1 2026.
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Analysis
Danaos (DAC) Dividend Coverage Ratio (2021 - 2026) Analysis & Trends
Danaos (DAC) has reported Dividend Coverage Ratio for 6 consecutive years, with 9.27 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Dividend Coverage Ratio rose 10.17% year-over-year to 9.27; the trailing twelve-month figure through Jun 2026 stood at 813.23 (up 160.0% YoY), and the FY2025 full-year result was 7.78, up 3.22% from the prior year.
- Dividend Coverage Ratio improved to 9.27 in Q2 2026 per DAC's latest filing, from 8.57 in the prior quarter.
- Across five years, Dividend Coverage Ratio topped out at 22.91 in Q1 2022 and bottomed at 10.06 in Q4 2022.
- Historically, Dividend Coverage Ratio has averaged 1.83 across 5 years, with a median of 4.03 in 2022.
- The sharpest annual moves came in 2022 and 2023: Dividend Coverage Ratio slumped 97.73% in 2022, then jumped 1086.82% in 2023.
- Over 5 years, Dividend Coverage Ratio stood at 10.06 in 2022, then advanced by 4.03% to 9.65 in 2023, then jumped by 42.59% to 5.54 in 2024, then retreated by 28.65% to 7.13 in 2025, then soared by 230.0% to 9.27 in 2026.
- According to Business Quant data, Dividend Coverage Ratio over the past three periods registered 9.27, 8.57, and 7.13 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | 1.91 |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | - |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 11.76 |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 1.31 |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | 1.95 |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | - |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | 19.94 |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | - |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | 0.97 |
| 10 | Danaos | 2.80 Bn | 1.57 Bn | 217.68 Mn | 9.27 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.27 |
| Mar 31, 2026 | 8.57 |
| Dec 31, 2025 | -7.13 |
| Sep 30, 2025 | -8.40 |
| Jun 30, 2025 | 8.41 |
| Mar 31, 2025 | 7.24 |
| Dec 31, 2024 | -5.54 |
| Sep 30, 2024 | -7.95 |
| Jun 30, 2024 | 9.56 |
| Mar 31, 2024 | 9.43 |
| Dec 31, 2023 | -9.65 |
| Sep 30, 2023 | -9.00 |
| Jun 30, 2023 | 9.74 |
| Mar 31, 2023 | 9.58 |
| Dec 31, 2022 | -10.06 |
| Sep 30, 2022 | -4.88 |
| Jun 30, 2022 | 0.82 |
| Mar 31, 2022 | 22.91 |
| Dec 31, 2021 | -16.47 |
| Sep 30, 2021 | -21.90 |