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Business
Rjkumari Saxena

Is Danaos Corp's Dividend Yield Too Good to Pass Up?

DAC Danaos Capesize Danaos Corporation

Danaos Corporation (DAC) is a leading container and dry bulk vessel service provider in Australia, Asia, and Europe. The company is headquartered in Piraeus, Greece, and provides seaborne transportation services by operating vessels in the containership and dry bulk sectors of the shipping industry.

Danaos has a substantial fleet of 72 container vessels ranging from 2,200 TEU to 13,100 TEU, 10 Capesize dry bulk vessels, and 15 container vessels under construction. Along with this, the company recently received delivery of its first three new building containerships, including one 7,165 TEU and two 8,010 TEU vessels.

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