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Here's What We Like About Danaos' (NYSE:DAC) Upcoming Dividend
Danaos Corporation (NYSE:DAC) is about to trade ex-dividend in the next four days. The company's next dividend payment will be US$0.80 per share, and in the last 12 months, the company paid a total of US$3.20 per share. Based on the last year's worth of payments, Danaos stock has a trailing yield of around 4.7%.
BlackRock to invest $550 mln in Occidental's carbon... BlackRock Inc will invest $550 million in Occidental Petroleum Corp´s direct air capture (DAC) plant in West Texas. Occidental has been shopping for investors since last year for its Stratos project. DAC strips CO2 from the atmosphere to bury underground or for use in making products such as concrete and aviation fuel.
What Does Danaos Corporation's (NYSE:DAC) Share Price Indicate? Danaos Corporation (NYSE:DAC), is not the largest company out there, but it saw significant share price movement during recent months on the NYSE. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. Danaos is still a bargain right now according to my price multiple model, which compares the company's price-to-earnings ratio to the industry average. But keep in mind the risks that come with negative growth prospects in the future.
Two mega proposals for aircraft carrier, LCA-MK1A jets lined up for DAC approval The Defence Acquisition Council (DAC) chaired by the Defence Minister has two mega proposals lined up from the Navy and the Air Force. The Navy’s proposal for a repeat order of a Vikrant-like aircraft carrier and 97 additional Light Combat Aircraft (LCA)-MK1A fighters for the Indian Air Force are lined up for approval from the DAC. Another proposal for major upgrade of 84 SU-30MKI fighter jets at a cost of just over ₹6,000 crore in service with the IAF is set to be taken up.
Two mega proposals for aircraft carrier, LCA-MK1A jets lined up for DAC approval The Defence Acquisition Council (DAC) chaired by the Defence Minister has two mega proposals lined up from the Navy and the Air Force. The Navy’s proposal for a repeat order of a Vikrant-like aircraft carrier and 97 additional Light Combat Aircraft (LCA)-MK1A fighters for the Indian Air Force are lined up for approval from the DAC. Another proposal for major upgrade of 84 SU-30MKI fighter jets at a cost of just over ₹6,000 crore in service with the IAF is set to be taken up by Defence Procurement Board.
Fighter Jets, LAMVs, Next Gen Surveillance: How India Plans ‘Atmanirbharta’ In Defence The Defence Acquisition Council (DAC) on Friday accorded Acceptance of Necessity (AoN) for nine capital acquisition proposals. These proposals are worth Rs 45,000 crore. The procurements will be made from Indian vendors under the Buy (Indian-Indigenously Designed Developed and Manufactured) category.
Danaos Corporation (NYSE:DAC) insiders have significant skin in the game with 47% ownership A look at the shareholders of Danaos Corporation (NYSE:DAC) can tell us which group is most powerful. We can see that insiders own the lion's share of the company with 47% of the shares. However, it is best to be wary of relying on the validation that comes with institutional investors. The company's CEO John Coustas is the largest shareholder with 46% of shares outstanding. The second and third largest shareholders hold about 2.1% and 1.6%. You can see Danaos' historic earnings and revenue below.
'Chopper Tech, Guns, Tanks...' - MEGA Rs 7800 Crore BOOST by Defence Ministry The Defense Ministry granted initial approval for several defense acquisitions amounting to approximately Rs 7,800 crore. The Defense Acquisitions Council (DAC) approved the procurement of various equipment, including weaponry, electronic warfare systems, and more.
Defence Ministry Clears Acquisition Proposals Worth Rs 7,800 Crore The proposals were cleared by the Defence Acquisition Council (DAC) chaired by Defence Minister Rajnath Singh. The proposals approved by the DAC included one on procurement of 7.62x51 mm Light Machine Gun (LMG)
Light machine guns, weapons for naval choppers in ₹7,800-cr defence push The defence acquisition council (DAC) accorded its acceptance of necessity (AoN) for the capital acquisition proposals. DAC also gave its go-ahead to a proposal to buy weapons for the navy’s new MH-60R helicopters to boost their operational capabilities.
India gives nod to defence buys worth ₹7.8k-cr The defence acquisition council (DAC) accorded its acceptance of necessity (AoN) for the capital acquisition proposals. Under India’s defence procurement rules, AoN by the council is the first step towards buying weapons and systems needed by the armed forces.
Light machine guns, weapons for naval choppers in ₹7,800-cr defence push The defence acquisition council (DAC) chaired by defence minister Rajnath Singh accorded its acceptance of necessity (AoN) for the capital acquisition proposals. The induction of light machine guns (LMGs) will enhance the fighting capabilities of the infantry.
Defence Acquisition Council approves proposals worth ₹7,800 crore | Mint Rajnath Singh-led Defence Acquisition Council (DAC) has given its nod to proposals worth ₹7,800 crore to enhance the operational capabilities of the Indian Armed Forces. The ministry said that all procurements will be made from indigenous sources only.
DAC approves proposals worth ₹7,800 crore The Defence Acquisition Council (DAC), which met on August 24 under the chairmanship of Defence Minister Rajnath Singh, accorded Acceptance of Necessity (AoN) for capital acquisition proposals. These include procurement and installation of Electronic Warfare (EW) Suite on Mi-17 V5 Helicopters, ground-based autonomous system for mechanised infantry and armoured regiments, Light Machine Guns (LMG) and Bridge Laying Tanks (BLT)
DAC approves proposals worth ₹7,800 crore The Defence Acquisition Council (DAC) met on August 24 under the chairmanship of Defence Minister Rajnath Singh. It accorded Acceptance of Necessity (AoN) for capital acquisition proposals worth approximately ₹7,800 crore. These include procurement and installation of Electronic Warfare (EW) Suite on Mi-17 V5 Helicopters, ground-based autonomous system for mechanised infantry and armoured regiments.
Defence Acquisition Council approves proposals worth ₹7,800 crore | Mint Defence minister Rajnath Singh-led Defence Acquisition Council (DAC) has given its nod to proposals worth ₹7,800 crore. All procurements will be made from indigenous sources only.
Congress Suspends Abohar MLA Sandeep Jakhar For 'Anti-Party Activities' Congress Suspends Abohar MLA Sandeep Jakhar For ‘Anti-Party Activities’ The All India Congress Committee (AICC) disciplinary action committee (DAC) said Jakhar was found “openly supporting’ his uncle and current Punjab BJP president Sunil Jakhar.
Danaos Corporation (NYSE:DAC) Q2 2023 Earnings Call Transcript Danaos Corporation (NYSE:DAC) Q2 2023 Earnings Call Transcript August 7, 2023. Dr. John Coustas, Chief Executive Officer of Danaos Corporation; and Mr. Evangelos Chatzis, Chief Financial Officer, will discuss the company's financial results.
Danaos: Q2 Earnings Snapshot Danaos Corp. (DAC) on Monday reported net income of $147 million in its second quarter. The Athens, Greece-based company said it had profit of $7.32 per share. The shipping company posted revenue of $241.5 million in the period.
Contract for three more Scorpene submarines likely by end-2024; first delivery expected by 2031 The contract for three additional Scorpene-class diesel-electric submarines is expected to be concluded by end-2024 and first submarine delivered likely in 2031. The procurement process is set to begin shortly following the Acceptance of Necessity (AoN) for the procurement from the Defence Acquisition Council (DAC)
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