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Danaos Corporation Declares Major Quarterly and Special Dividends

Athens, Greece, October 1, 2026 – In a significant announcement for its shareholders, Danaos Corporation, which is recognized as one of the largest independent containership owners worldwide, declared a quarterly cash dividend of $1.00 per share on its common stock for the third quarter ending on September 30, 2026. This dividend is slated for payment on October 22, 2026, to those who are on record as shareholders by the closing of business on October 13, 2026.

In an exceptional move, the company also revealed an extraordinary special cash dividend of $5.00 per share on common stock, payable on the same date of October 22, 2026, with the same record date as the quarterly dividend. For stockholders on record as of October 13, a total cash distribution of $6.00 per share will be received, providing an impressive return to shareholders.

About Danaos Corporation

Danaos Corporation has firmly established itself as one of the leading players in the global maritime sector with a robust fleet comprising 78 containerships, aggregating an impressive total capacity of 502,265 TEUs. In addition, the company has 28 new containerships currently under construction, poised to increase its fleet’s size significantly. With a total pro forma capacity of 680,041 TEUs, Danaos maintains a prominent position among the top containership charter owners worldwide.

Adding depth to its operations, Danaos has also ventured into the dry bulk sector, bolstering its portfolio with 11 Capesize dry bulk vessels and commissioning four Newcastlemax dry bulk newbuildings, which when delivered will contribute approximately 2,787,286 dwt of capacity. The company’s vessels are prominently chartered by many of the largest liner companies globally on fixed-rate contracts, demonstrating its strong standing in the industry.

Strategic Execution and Growth

Danaos Corporation's history of operational excellence is underpinned by stringent operational protocols and innovative environmental controls, reflecting a commitment to sustainability and efficiency. As the maritime industry faces various challenges, such strategic management ensures that Danaos can still offer lucrative dividends to its shareholders.

Since Danaos Corporation’s shares are publicly traded on the New York Stock Exchange under the ticker symbol DAC, the declared dividends not only reward shareholders but also strengthen investor confidence in the company’s future prospects.

Overall, this dual-dividend announcement demonstrates Danaos Corporation’s financial strength and long-term planning strategy. By aligning shareholder interests with company performance, Danaos continues to set a benchmark in the maritime sector, showcasing its commitment to delivering shareholder value while navigating the complexities of the shipping industry.